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Western efforts to control trade and technological relations with communist countries affect many interests and political groups in both Eastern and Western blocs. Although there is general agreement within the Western alliance that government-imposed controls are necessary to prevent material having military importance from falling in the hands of the Soviet Union and its Warsaw Pact allies, there is considerable controversy over the specifics: the exact definition of "militarily significant" material, how the Western nations should administer controls, the implications of glasnost, and other matters.

East-West Trade

United States. Congress. Senate. Committee on Banking and Currency. Subcommittee on International Finance

Published: 1968

Total Pages: 1488


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Considers S.J. Res. 169, to request a review of restrictions contained in Export Control Act and practiced by Export-Import Bank, with a view to modifying them so that trade in peaceful goods with Communist countries may be increased.
More than half a decade has passed since Gorbachev launched his "prerestroika" programme to reform the Soviet Union, but the struggle between reformers and conservatives continues to rage while the final outcome, and even the goals of the programme, remains a mystery. Whatever the outcome of this transformation, its impact will reverberate well beyond the borders of the USSR to shape US security and commercial policies into the next century. This edited volume brings together original essays by US-Soviet relations scholars and international business and security experts to explore the many complex and critical issues that the United States must confront in developing its commercial and security policies for the next decade.