Abstract (may include machine translation)
The first part of the article deals with the 1987 practice of Soviet foreign trade regulation, based on the August, 1986 decisions of the CPSU. The role of sectoral ministries and of associations of enterprises is on the increase. Trade in the hardest commodities remain in the competence of central organs. Joint ventures may be established on the initiative of the sectoral ministry. Section two deals with regulations of joint ventures in Soviet relations with the East and West. Several weak points of the original legislation have been corrected by the October, 1987 decrees on foreign trade, especially as fas as Soviet-Western joint ventures are concerned. The role of republican foreign trade enterprises is to increase. Procedural norms of direct relations with firms of other CMEA countries have been simplified by the new legislation, and the possibilities for Soviet enterprises' spending their foreign currency earnings is also being improved. The last cestion compares the Soviet legislation on direct relations to that in Poland, Czechoslovakia and the GDR, and concludes that the room for non-planned trade deals have not yet increased in any of these countries. Therehere proposals calling for an all-out liberalisation are premature.
Translated title of the contribution | The Restructuring of Soviet Foreign Trade Mechanism and the Possibilities for Direct Interfirm Relations in the CMEA |
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Original language | Hungarian |
Pages (from-to) | 182-194 |
Number of pages | 13 |
Journal | KÜLGAZDASÁG |
Volume | 32 |
Issue number | 2-3 |
State | Published - 1988 |