Thursday, March 15, 2012

U.S.-Soviet trade accord set

WASHINGTON The United States and the Soviet Union reached basicagreement Thursday on an economic pact that would normalize traderelations between the two superpowers for the first time in nearlyhalf a century, a senior U.S. negotiator announced.

U.S. Deputy Trade Representative Julius Katz said he expectedthe agreement would be ready for signing at the May 30-June 3 summitbetween President Bush and Soviet President Mikhail S. Gorbachev.

Thursday's announcement, which followed three days ofclosed-door talks in Paris, came despite calls by some members ofCongress for Bush to postpone the negotiations until Moscow resolvesits current tensions with Lithuania. Bush …

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