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Soviet-Italian Trade

  • Economics


Foreign trade plays an important part in Italy's economy, with foreign trade turnover constituting up to 42% of that country's national income. As a result, it is only natural that Italy should be interested in trade with the Soviet Union, all the more so since the economy of the USSR and that of Italy do not compete, but on the contrary, complement each other. The Soviet Union exports goods which are in great demand on the Italian market, while Italy exports goods which are traditional items of Soviet imports. This means that the Soviet Union and Italy have all the economic prerequisites necessary to carry on an active trade and advance economic relations.

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