Washington's iron curtain against East European exports.
USA Today Magazine › Vol. 121 Nbr. 2574, March 1993
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Summary
Trade quotas
Attempts by Eastern Europe to build an export market are stymied by strict US trade restrictions. The US has provided much government aid to the region to help it build an economic base, and should remove protective barriers to allow the countries an opportunity to grow.See the full content of this document
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Washington's iron curtain against East European exports.
IN THE LATE 1940s, the Marshall Plan poured millions of dollars into Denmark, the Netherlands, and other European nations to help them rebuild their dairy industries. Then, in 1951, when they were getting back on their feet, Congress bushwhacked aid recipients by imposing quotas that slashed European cheese and butter imports. Today, Washington has developed a similarly hypocritical policy--government aid, but not free trade--for the new democratic nations in Eastern Europe.
Western government aid to Eastern Europe is proliferating. The International Monetary Fund disbursed approximately $5,000,000,000 throughout the region in 1991, and the World Bank plans to lend $3,000,000,000 to Eastern Europe over the next three years. The U.S. provided almost $2,000,000,000 in aid to East European governments in 1990 and 1991. Washingto...See the full content of this document
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