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In 1985, trade with the Soviet Union accounted for 1.6 percent of Japanese exports and 1 percent of Japanese imports; Japan was the Soviet Union's fourth most important Western trading partner. Japan's principal exports to the Soviet Union included steel (approximately 40 percent of Japan's exports to the Soviet Union), chemicals, and textiles.
Mashpriborintorg currently imports and exports telecommunications equipment, radios, television and acoustic equipment, computers, electronic components, spare parts for civil aircraft and helicopters, autonomous power systems and products and spare parts for manufacturing plants.
The State Committee for Foreign Economic Relations (Russian: Gosudarstvennyi komitet po vneshnim ekonomicheskim sviaziam — GKES), created in 1955, managed all foreign aid programs and the export of complete factories through the FTOs subordinate to it. Certain ministries, however, had the right to deal directly with foreign partners through ...
A major strength of the Soviet economy was its enormous supply of oil and gas, which became much more valuable as exports after the world price of oil skyrocketed in the 1970s. As Daniel Yergin notes, the Soviet economy in its final decades was "heavily dependent on vast natural resources–oil and gas in particular".
Three quarters of Soviet oil and grain exports, two thirds of Soviet cotton exports and over 90% of Soviet wood exports were to the Reich alone. [142] Germany supplied the Soviet Union with 31% of its imports, which was on par with United States imports into the Soviet Union. [142]
The All-Russian Co-operative Society, Ltd., began operations in London in October 1920. [2] The name "Arcos" is an acronym deriving from the formal name of the company: All-Russian Co-operative Society, although in the contemporary press the name was typically capitalised as would be a proper name (i.e. "ARCOS").
For the majority of the history of the Soviet Union, with the exception of the periods of NEP and perestroika, formally the ownership of the means of production and hence the enterprises belonged to the Soviet people as a whole, and this right of ownership for the vast majority of them (i.e., excluding the cooperative enterprises) was exercised by the Soviet state via its ministries and other ...
Amtorg Trading Corporation, also known as Amtorg (short for Amerikanskaya Torgovlya, Russian: Амторг), was the first trade representation of the Soviet Union in the United States, established in New York in 1924 by merging Armand Hammer's Allied American Corporation (Alamerico) with Products Exchange Corporation (Prodexco) and Arcos-America Inc. (the U.S. branch of All Russian Co ...