The Soviet Union and Egypt plan to...
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The Soviet Union and Egypt plan to double their trade from $900 million to $1.8 billion over the next three years, according to Soviet Deputy Trade Minister Vladimir Burmistov, who is in Cairo for trade talks. Egypt exports textiles, leather and liquor to Moscow and imports Soviet industrial and farm machinery. Although the United States has been Egypt’s main superpower ally since the 1970s, Moscow’s ties with Cairo warmed after it rescheduled $3 billion of military debt last April.
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