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(Studio: Peter Jennings) Planned opening of Soviet trade fair in New York City by Mikhail Gorbachev noted. Report introduced.
(NYC: Allan Dodds Frank) Soviet hopes for expanding trade with United States featured; details given of Soviet economy conds. which require trade advances; scenes shown from trade fair and from USSR . [Senator Bill BRADLEY - says United States needs Sovs. to spend less on guns and more on butter.] Trading problems detailed. [RWR, Incorporated, consultant Roger ROBINSON, Junior - discusses Soviet currency income.] System of bartering between USSR and American companies explained. [Combustion Engineering chairperson Charles HUGEL - discusses payment flexibility.] [US/USSR Trade and Econ. Council spokesperson Dwayne ANDREAS, Commerce Secretary C. William VERITY, Pepsi Company president and CEO Roger ENRICO - discuss USSR market potential.] [ROBINSON - comments on Gorbachev's perestroika and United States trade approach.] Possible link of trade concessions by United States and reduction of Soviet military spending noted.
(Studio: Peter Jennings) Soviet need to improve products they would like to sell to United States mentioned.
- Frank, Allan Dodds;
- Jennings, Peter
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