Soviets to Import Cereals From France
The Soviet Union and France have signed a $280 million grain deal under which Moscow will import 2 million tons of French cereals, the French trade house Interagra said on Monday.
Interagra Chairman Michel Doumeng said in a statement that the cereals will be delivered in the first quarter of 1989 at prices similar to the $139 per ton paid for a delivery agreed to in September.
The deal was concluded in Moscow after a weekend visit there by French President Francois Mitterrand, who was accompanied by several French businessmen.
A Soviet Foreign Economic Relations Ministry spokesman who made that announcement gave no details of the pact.
More to Read
Start your day right
Sign up for Essential California for news, features and recommendations from the L.A. Times and beyond in your inbox six days a week.
You may occasionally receive promotional content from the Los Angeles Times.