Abstract: | Greater economic cooperation between the two socioeconomic systems in Europe is held to be mutually beneficial and to be favored by some of the continent's physical-geographical aspects (deeply indented coastline, easy overland transportation, resource complementarity). An area deserving priority in all-European projects is the interconnection of power systems to make possible the transmission of electricity covering peak load needs and other requirements. Such interconnections may save significant capital investment that would otherwise be required for additional generating capacity within each system. Other potential areas for all-European cooperation include the provision of east-west inland waterways, motor roads and improved rail lines. One aspect of the possible integration of transport systems would be the organization of overland container traffic between Europe and Japan (as well as Iran and Afghanistan) through the territory of the USSR. |