For all its talk about trading with both East and West, Brazil has not found much to swap with the East. Last year's imports and exports amounted to $95.6 million, or about 3.6% of Brazil's foreign trade, while $950 million, or 36%, was with the U.S. Yet Brazilians still feel that the Soviet bloc offers a "high-potentiality market," and after nearly four months of palaver, they have signed a treaty to sell an awful lot of coffee and other products to Russia.
The new five-year pact is supposed to increase trade to $160 million this year, to $225 million by...
To continue reading:
or
Log-In
