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TIME: Almanac 1990
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1990 Time Magazine Compact Almanac, The (1991)(Time).iso
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110689
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p47
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1990-09-22
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WORLD, Page 47SOME OPTIONS FOR THE U.S.
TOWARD THE SOVIET UNION
-- Propose deep mutual cuts in military forces and expenditures
going well beyond those under consideration in START and
conventional-arms talks.
-- Offer most-favored-nation status, allowing the U.S.S.R. the
same trading arrangements provided to most industrial nations,
including Hungary.
-- Reopen access to Export-Import Bank credits on terms
available to other countries.
-- Waive the Johnson Debt Default Act, which prohibits private
loans to Moscow.
-- Follow the West German example of encouraging joint ventures
by establishing a fund that would insure companies against Soviet
default or expropriation.
-- Support Soviet efforts to make the institutional changes
necessary to join such international organizations as the World
Bank, the International Monetary Fund and GATT.
TOWARD EASTERN EUROPE
-- Begin talks to determine Moscow's legitimate security
concerns, which should be respected as Warsaw Pact nations exercise
greater political independence.
-- Offer incentives for American businesses and universities
to provide training, internships, exchanges and technical advice
to private-sector managers and workers.
-- Relax technology-transfer regulations to allow sales of such
items as personal computers and communications equipment that could
spur autonomy.
-- Grant Poland most-favored-nation status, as well as
encourage trade policies that would provide hard currency from
increased exports rather than through excessive foreign borrowing.
-- Include Poland in the Brady Plan, which provides for the
long-term restructuring of foreign loans.