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Lethbridge Herald Newspaper Archives

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Lethbridge Herald, The (Newspaper) - December 2, 1970, Lethbridge, Alberta Wednesday, Detcmbor 2, 1970 THE IETHBRIDGE HERALD 33 Series of barter deals between liuo countries Natural gas pipeline opening aids Soviet Union, Iran friendship By HALI'II JOSEPH CI' Correspondent TEHRAN (CP) The growing friendship between the Soviet Union and Iran was pointed up by the recent visit of a Soviet trade delegation to Tehran following the opening of a 700-mile gas pipeline designed to carry some million cubic feet of Iranian natural gas fllp cnnflmrn the possibility of building yet another pipeline parallel to tile present one is being considered. Moscow will not pay Iran for the gas in hard currency, but in a series of barter deals. One is construction of a ton integrated steel mill near Isfahan, Iran; another the construction of a ?55 million machine tool factory near Arak. CUTS DEAD LOSS In addition the Soviet Union will build a rail link between the Caspian port of Bandar Pahlavi and Tehran and electrify an existing line from Tabriz to Julfa on the Iran-Soviet border. The pipeline has cost Iran nearly million on her own side of the border and the sale of the gas may net sound like a big deal considering the returns. But the pipeline is also being used for Iran's own needs and the gas was being burned off at Hie anyway, and represented a dead loss to the economy. In addition, the steel mill deal was signed following the Shah's visit to Moscow in 1965 the United States had turned down his request for assistance in building the mill. Washington had offered some advice instead, saying that Iran's development priorities should be agriculture first, followed by a boost in light industries and with heavy industries like the steel mill coming at the tail end. This annoyed the Shah, and, following the by-now-familiar pattern of rulers disappointed with Washington, he turned to Moscow. ENDED IN HANDSHAKE He was delighted when the Russians offered to build the mill in return for Iranian gas. This was taken as the first that, after a long period of mutual suspicions, it was possible to introduce a working relationship between the extreme right-wing Iranian monarchy and the Communist regime across the border. Iran from then on began putting more balance into her dealings with Moscow and Washington. The whole thing culminated in a symbolic border handshake between the Shah and Soviet President Nikolai Pod-gorny, when the Russian head of state arrived at the Astara bridge on the Irano-Sovict border for the opening ceremony of the pipeline at the end of October. Today the Russians have become Iran's top trading partners. In the year ended March, 1970, they were able to sell some million worth of Soviet goods to the Iranians, and bought million worth of Iranian goods in The Soviet purchases accounted for 23.5 per cent of Iran's total exports and UK figure will p r o b a b 1 y rise under a new 15-yenr economic agreement signed between the two countries in October. The new pact spelled out in detail future co-operation between the two countries in such fields as steel, railways, transit of goods, technical and vocational training, selling up smelting and metal-processing plants, oil and mineral exploration, machinery plants, agricultural products, construction of grain silos, gas, and exchange of goods. TRADE IS EXPANDING The Irano-Soviet trade has expanded sevenfold in the last four years and today Iranians are hoping to find markets in the Soviet Union for their industrial raw materials and semi-manufactured goods and such ilems as shoes, detergents, food, textiles, and Iran is also hoping lo sell cars, buses, space heaters, household appliances and seme products of the factories being built now. She imports from the Soviet Union complete industrial plants, vegetable oilseeds, cement, road and construction machinery, iron and steel and other industrial materials. Moscow has been cullivat-ing friendship with its southern neighbors such as Iran and Afghanistan, and to some extent Turkey, to enable the Soviet Union to open up her own southern republics such as Tajikistan, Uzbekistan. Ka-zakhistan, Armenia and Georgia, which have so far remained in the backwoods of the Soviet domain. Most of these Soviet republics belonged once to Ijie old Persian empire and their links with the territories to the south are natural ones. The Russians have an effort in the last larger scale, Moscow hopes (o few years to reopen these re- open up transit routes through gional trade routes by extend- Iran and Afghanistan to mar-ing the Soviet highway and kcts farther south, such as rail links to the south. On a Pakistan and India. UNIVERSITY OF LETHBRIDGE Application Deadline Spring Semester Tiie University of Lethbridge is currently accepting Applications For the Spring Semester WHICH COMMENCES JANUARY 11, 1971 Interested persons should contact the UNIVERSITY REGISTRAR'S OFFICE Before the Deadline of DECEMBER 11, 1970 publics of the U.S.S.R. Iran will gross some million in sale proceeds from the gas during the next 15 years, even though the pipeline runs straight into the Soviet Union's own oil- and gas-producing territory around Baku in the Caspian area. Moscow's explanation is that the gas is needed to supplement its own supply to the southern republics. Alexei Sorokin, Soviet deputy minister of gas industries who visited Tehran with the trade delegation, told Bartlett Pears Taste Teh's Canada Choice 14-fi. oz. tin Blended Juice Town House Natural or Sweet.............___. 48-fl. oz. tin Tooth Paste Close Up and Mouthwash Size Tube CHECK and COMPARE SAFEWAY BRANDS Beans with Pork Taste 28-fl. oz. tin Towels Royale roll pkg. wiss Wafers Davids net wf. pkg. Check the savings of Safeway Brands against the comparable National Brands Tomato JuiceTo" 48 fl. oz. tin Apple Juice Lucerne Coffee Sockeye Salmon Se Corned Beef 48 fl. oz. tin 11-oz. jar :a Trader Town House net wt. tin 12-oz. net wt. tin Skim Milk Powder Jelly Powder Creamed Honey ucerne, Canada First Grade, 5-lb. net wt. Poly Ba0 Empress, Assorted Flavours 3-oz. net wt. pkg. Empress, Canada No. 1 White, 2-Ib. net wt. tub Kitchen Craft............................ Cqnqda First Grade 1-lb. not wt. print Safeway Brand Reg. Price each each each each 38c 47c 74c each 2.05 47c 64c each ..72c National Brand Reg. Price Fresh Grapefruit Florida Red or White Size 48s Navel Oranges Fresh Bananas Strawberries Washed Potatoes Crisp Green Cabbage m Fresh Cranberries 65c Whole Mixed Nuts 72s 10 1 7 1.00 2.07 2QOd for Gems or Reds. J% A Canada No. 2............... lbs- i jf 1 2 ,bs. 29' ...........Mb. net wt. pkg. O5r In shell Walnuts, Brazils, Filberts, f_ ffl Almonds, Chestnuts............... Ib. 24-fl. ei, tin Lucerne Butter Strawberry Jam Ground Coffee PT- Pure Plum Jam _ Cottage Cheese Aylmer Soups Facial Tissue 59" Liquid Detergent 109 Bake-Shop Fresh! mz Potato Bread Currant Toastmaster Yeast Donufs Toastmaster Bear Claws WE RESERVE THE RIGHT TO LIMIT QUANTITIES. SAFEWAY CANADA S Af I W A Y I i M i T E D ;