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East-West Economic Cooperation-Basket II-Helsinki Final Act

Thursday, January 13, 1977, 5:00 am
Witnesses
Dr. John Hardt
Senior Specialist in Soviet Affairs
Library of Congress
Dr. Edward Wilson
Executive Secretary
United States-Hungarian Economic Council
Milton Rosenthal
Chairman
United States-Romanian Economic Council
Gerald Parsky
Assistant Secretary
Department of the Treasury
Hon. Charles Robinson
Deputy Secretary of State
United States Department of State
Hon. Elliott Richardson
Secretary of Commerce
Department of Commerce
Donald Kendall
Chairman
U.S.-U.S.S.R. Trade Council

Our immediate business is to look at Basket IT, whose scope is greater than mere questions of trade and commerce, because in many ways politics is economics. Basket IT was designed to enhance economic cooperation among CSCE states in a way to loosen restraints inhibiting dealings between the Soviet bloc and the West.

The hearing will offer suggestions on resolving problems of trade with eastern CSCE states; and how the U.S. Government deals with Basket II problems and how it can improve the overall trade picture by exploiting Basket II provisions in order to bolster East-West trade initiatives.

Relevant Countries