US-USSR Trade and Economic Council

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The Council for American–Soviet Trade was a proposal conceived and authored by the National Association of Manufacturers (NAM)’s international economic affairs department (IEA) to regularize commercial development between US corporation leaders and Soviet industrial and state-controlled trade organizations. It became the forerunning blueprint for the eventual US-USSR Trade and Economic Council which was formally established in October 1973. wiki 1975 members

  • In 1985 the Council's U.S. president was James Giffen [1]
  • In 1982 an article reported: "William D. Forrester, a spokesman for the Trade and Economic Council, said the council was not trying to undercut the Reagan Administration's policies...Mr. Forrester confirmed that C. William Verity, chairman of the executive committee of Armco, Inc., who is co-chairman of the council, would lead the American side. The Soviet co-chairman is Vladimir N. Sushkov, a deputy minister of Foreign Trade." Forrester "confirmed that most of the board of directors from the American side would be in Moscow. These included, he said, John Murphy, president of Dresser Industries; Robert H. Malott, chief executive officer of FMC, the farm machinery company; Donald M. Kendall, chief executive officer of Pepsico; Armand Hammer, chief executive officer of Occidental Petroleum; H. Barclay Morley, chief executive officer of Stouffer Chemical; Robert A. Schoellhorn, chief executive officer of Abbott Laboratories, and Whitney MacMillan, chief executive officer of Cargill.... Mr. MacMillan, he said, will address the two-day meeting, as will Duane Andreas, chairman of Archer Daniels Midland; Robert Lundeen of Dow Chemcical; Nikolai V. Patolichev, the Soviet Foreign Trade Minister; Dzherman Gvishiani, deputy chairman of the Soviet State Committee on Science and Technology, and Nikolai N. Inozemtsev, deputy chairman of Gosplan, the state planning agency."[2]

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