Soviet- Indon Irode to double in next 3 yours

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Chinese press reports have carried the news that Soviet-Indian trade will double in the next three years as compared with 1962 to reach 265—275 million dollars. Viktor Spandaryan, a high-ranking official at the Soviet Ministry of Foreign Trade, hag conducted talks with Indian experts in Delhi on a third long-term agresment to extend from 1964-1965, He said that "The terms of ths new agreoment and the list of goods tq ba exchanged by the two sides have in the main geen specified." Apart from sets of industrial plants to be delivered under State credits, the Soviet Tnion would supply India with machinery and equipment, rolled steel and oil products, Spandaryan stressed that these were “the items that India needs for developing its key industries",