In Moscow a large-scale exhibition of Spanish industrial goods has gone on display. It's the?
In Moscow a large-scale exhibition of Spanish industrial goods has gone on display. It's the first time Spain has attempted to promote export hardware in the Soviet Union and the exhibition is seen by some countries as evidence of closer ties developing between the tow countries. The exhibition was opened on Tuesday (27 November) by the Deputy Soviet Minister of Foreign Trade, Alexei Manzhulo, and the Spanish Minister for Commence and Tourism, Senor Juan Antonio Garcia Diez.
SYNOPSIS: Diplomatic relations between Spain and the Soviet Union were resumed in February 1977, after they wee broken off in 1939 at the end of the Spanish civil war. The Deputy Soviet Minister of Foreign trade, Alexei Manzhulo, opened the exhibition, with Spanish Minister for Commerce and Tourism, Senor Juan Antonio Garcia Diez.
Trade between the two countries has increased greatly during the past eighteen months, but this was the first large-scale exhibition of Spanish goods to be staged in the Soviet Union, The Spanish government wants to achieve a national economic growth rate of four percent next year and sees the Soviet Union as an important potential export market.
A large section of the exhibition was devoted to a display of metal working and electronic machinery. Last year's devaluation of the Spanish peseta has reaped Spain spectacular export growth in recent months. Seventy Spanish companies, hoping to penetrate the lucrative Soviet markets, had good on display at the exhibition.
Exports from the Spanish textile industry have almost doubled during the past three years, and there were some fine examples of the weaving machinery available to from Spanish industry.
Senor Diez's visit to Moscow is the first by a member of the Spanish government. The Soviet Union has said it is keen to foster closer ties with Spain and observers in Madrid have noted the Soviet interest comes at a time when Spain is reconsidering joining the North Atlantic Treaty Organisation (NATO).