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  • Russia: Agreement Reduces Steel Exports To U.S.

    03/11/2002 3:35:01 PM PST · by Jeremy_Bentham · 6 replies · 234+ views
    Radio Free Europe ^ | 23-02-99 | Robert Lyle
    Russia: Agreement Reduces Steel Exports To U.S.By Robert Lyle Washington, 23 February 1999 (RFE/RL) -- In a decision that could have a large and long-term impact on its economy, Russia has agreed to reduce by almost 70 percent the amount of steel mill products it sells to the United States. U.S. Commerce Secretary William Daley announced the deal late Monday, based on three tentative agreements reached only hours earlier between his department and the Russian Ministry of Trade: Daley said the first agreement is to suspend the hot rolled steel dumping investigation in favor of a three-part deal -- a...