Foreign Trade In Eastern Europe And The Soviet Union by Michael FriedlAnder

Author:Michael FriedlAnder [FriedlAnder, Michael]
Language: eng
Format: epub
Tags: Business & Economics, International, General, Economics
ISBN: 9780813379135
Google: TJsWAQAAMAAJ
Publisher: Avalon Publishing
Published: 1990-03-15T03:00:34+00:00

Notes

1. Holopainen, K., "Payment System between Finland and Soviet Union."

2. "As stipulated in the five-year (frame) agreement, the prices of goods and services coverd by the contracts between Finnish firms and Soviet foreign trading enterprises are to be determined in rubles, relying on the world market prices prevailing on the main markets of similar goods and services" (Holopainen, "Payment System between Finland and Soviet Union"). Whether this declared principle is asserted or not is difficult to say, since the Finnish firms make their agreements on the actual price conditions with the Soviet foreign trading enterprises quite independently. The price principle will be further discussed later on.

3. Kauppalehti, p. 17.

4. Hirvensalo, I., Clearing System for Payments between Finland and USSR.

5. "Soviet trade is cash business, with a term of payment of 15-30 days in 75 percent of the cases. On the other side, Finns enjoy a much longer term of payment on their imports." (Kauppalehti, p. 8.)

6. ECE, Profile of East-West Trade of Finland.

7. Ibid.

8. E.g., Holopainen, K„ "Suomen ja Neuvostoliiton ...," and ECE, Profile of East-West Trade of Finland.

9. Hirvensalo, I., Clearing System for Payments between Finland and USSR.

10. Ibid., and Holopainen, K., "Payment System between Finland and Soviet Union."

11. "...the Export and Import Permits Office controls the origin of Finnish export goods. As Finnish exports to the USSR have traditionally tended to exceed imports, attempts have been made to purchase with freely convertible currencies." (Hirvensalo, I., Clearing System for Payments between Finland and USSR, p. 116.)

12. Hentilä, K., "Tasks of the Licensing Office."

13. See e.g. Finnish Business Report, September 1982.

14. "The Licensing Office tries to reduce the rate of products of Western origin as much as possible ... in the exports directed to the Soviet Union." (Hentilä, K., "Tasks of the Licensing Office.")

15. The Office is of the opinion that it would be useful if the firms contacted them in time, so that the prevailing conditions of the Soviet trade can be made clear ... a preliminary decision should be obtained, before the agreement is concluded with the Soviet customer. In this way, the firms would spare themselves unpleasant surprises." (Hentilä, K., Tasks of the Licensing Office.")

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