German–Soviet Commercial Agreement (other)
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German–Soviet Commercial Agreement (other)
German–Soviet Commercial Agreement can refer to several agreements between Nazi Germany and the Soviet Union: * German–Soviet Credit Agreement (1939), August 19, 1939 * German–Soviet Commercial Agreement (1940), February 11, 1940 * German–Soviet Border and Commercial Agreement (1941), January 10, 1941 {{disambig ...
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German–Soviet Credit Agreement (1939)
The German–Soviet Credit Agreement (also referred to as the German–Soviet Trade and Credit Agreement) was an economic arrangement between Nazi Germany and the Soviet Union whereby the latter received an acceptance credit of over 7 years with an effective interest rate of 4.5 percent. The credit line was to be used during the next two years for purchase of capital goods (factory equipment, installations, machinery and machine tools, ships, vehicles, and other means of transport) in Germany and was to be paid off by means of Soviet material shipment from 1946 onwards. The economic agreement was the first step toward improvement in relations between the Soviet Union and Germany. On 11 May 1939, the day after the Credit Agreement, the Soviet Union went to war against Japan in a successful four-week military campaign in the Far East. The Nazi-Soviet Pact was signed four days after the Credit Agreement. The 1939 German–Soviet Commercial Agreement renewed declined Nazi–Soviet ...
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German–Soviet Commercial Agreement (1940)
The 1940 German–Soviet Commercial Agreement (also known as Economic Agreement of 11 February 1940 Between the German Reich and the Union of Soviet Socialist Republics) was an economic arrangement between the Soviet Union and Nazi Germany signed on 11 February 1940. In it the Soviet Union agreed in the period from 11 February 1940–1941, in addition to the deliveries under German–Soviet Commercial Agreement, signed on 19 August 1939 to deliver commodities (oil, raw materials, and grain) to the value of 420 to 430 million Reichsmarks. A policy on the transit through Soviet territory of third countries' commodities purchased by Germany was later agreed. The countries followed up the agreement and resolved other issues with the 10 January 1941 German–Soviet Border and Commercial Agreement. In June 1941 Germany invaded the Soviet Union in violation of the 1939 Molotov–Ribbentrop Pact, and all economic agreements between the two countries ended. Between January 1940 and ...
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