German–Soviet Credit Agreement (1939) in the context of "German–Soviet Commercial Agreement (1940)"

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👉 German–Soviet Credit Agreement (1939) in the context of 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 to 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.

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