German bets on Soviet trade fade as political realism returns
German industry eyed a flood of orders from the Soviet Union after the 12 August treaty, hoping for advanced technology and capital goods. But Western diplomats warned that if Moscow’s purchases grew, German firms would need to expand capacity, risking a costly commitment that could erode political gains and stretch Western patience.
MENTIONED IN THIS ARTICLE
Brandt
Moscow
Bonn
colRvers
Westpollik
Oupolitik
Soviet Union
Germans Seek Soviet Trade Deals in Industry Push
German industry leaders press Moscow to back a plant in the Soviet Union for trucks and steel pipes, aiming to surpass French and Italian automotive groups. Deutsche Bank officials and Krupp executives discuss financing, barter limits, and the high costs of East West trade while optimistic figures foresee a significant rise in bilateral business despite Soviet payment constraints.
MENTIONED IN THIS ARTICLE
Daimler-Benz
Stortwart
Moscow
ISIN
Larder
Daigle
Japanese firms target Africa with large steel mill equipment deal
Tokyo based Mitsubishi Heavy Industries wins a 12.6 million yen contract to supply equipment for a semi continuous steel hot rolling mill at Vanderbijlpark near Johannesburg for South African Iron and Steel Corp. The drive forms part of Japan's expanding African push, with mission visits to Congo Kinshasa and Zambia, plans for mining investments, rail rolling stock, and West Africa manufacturing plants showcasing a broad trade and investment strategy in Africa.
MENTIONED IN THIS ARTICLE
Federal Republic
Industrial and Commercial Committee
Ott Wolf van Amerongen
Bulyan
From and Steel Corporation
Vanderbilpark
Congo
Kinshasa
Zambia
Japan
Econwinit
Aftica
Corp
Tanzania
West Africa
Nigeria
Tad Ah Stata
Atria
Shayorbinofuss
Eign
Tyre
Atsica
Lapart
Africa
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