ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

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INDO-SOVIET TRADE-Structural Adjustments Ahead

Structural Adjustments Ahead THE logic of the Soviet Union's emphasis on glasnost and perestroika, applied in the realm of external economic relations, implies a greater reliance on the existing international division of labour. And so the Soviet Union has decided to step up its trade turnover with India, its largest trading partner in the third world, by two and a half times between 1987 and 1992 to Rs 10,000 crore. The Indo-Soviet trade plan for 1988 envisages an increase of 25 per cent in the total trade turnover, from Rs 4,000 crore in 1987 to Rs 5,000 crore

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