Some aspects of trade relations between the Socialist Republic of Romania and Federal Republic of Germany (1960-1990)
Journal Title: Codrul Cosminului - Year 2011, Vol 17, Issue 1
Abstract
After the establishment of the first transactions of import and export from machines-building industry and food industry in the late 50’s, the economic and commercial relations between Socialist Romania and West Germany had a special evolution both at institutional and financial level in the 7-th and 8-th decades. The bilateral trade relations were characterized by structural asymmetry of the trade, long-term inequity interchange, Romanian exports dominated by products of light-industry and West-German exports dominated by heavy-industry products. The Federal Republic of Germany was for Romania the most important West European economic partner, with a decisive role in the industrialization and economic growth of our country in the 60’s and 70’s.
Authors and Affiliations
Lucian Fedor
Keywords
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