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- WORLD, Page 47SOME OPTIONS FOR THE U.S.
-
-
- TOWARD THE SOVIET UNION
-
- -- Propose deep mutual cuts in military forces and expenditures
- going well beyond those under consideration in START and
- conventional-arms talks.
-
- -- Offer most-favored-nation status, allowing the U.S.S.R. the
- same trading arrangements provided to most industrial nations,
- including Hungary.
-
- -- Reopen access to Export-Import Bank credits on terms
- available to other countries.
-
- -- Waive the Johnson Debt Default Act, which prohibits private
- loans to Moscow.
-
- -- Follow the West German example of encouraging joint ventures
- by establishing a fund that would insure companies against Soviet
- default or expropriation.
-
- -- Support Soviet efforts to make the institutional changes
- necessary to join such international organizations as the World
- Bank, the International Monetary Fund and GATT.
-
- TOWARD EASTERN EUROPE
-
- -- Begin talks to determine Moscow's legitimate security
- concerns, which should be respected as Warsaw Pact nations exercise
- greater political independence.
-
- -- Offer incentives for American businesses and universities
- to provide training, internships, exchanges and technical advice
- to private-sector managers and workers.
-
- -- Relax technology-transfer regulations to allow sales of such
- items as personal computers and communications equipment that could
- spur autonomy.
-
- -- Grant Poland most-favored-nation status, as well as
- encourage trade policies that would provide hard currency from
- increased exports rather than through excessive foreign borrowing.
-
- -- Include Poland in the Brady Plan, which provides for the
- long-term restructuring of foreign loans.