While multinational agreements are subject to lively discussions and their negotiations the frequent topic of our news, little is known about bilateral agreements. This despite the fact that their number has greatly increased since the worldwide recession. So alone the USA and the EC have both...

In August the Soviet government agreed to the second one-year extension of the US-USSR grain agreement, which has regulated grain trade between the two countries since 1976. Although a net exporter of grain for the best part of this century, the USSR has become increasingly dependent on imports...