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This article investigates Romania’s position towards the creation and functioning of the Generalized System of Preferences (GSP), with a special focus on its interaction with the European Economic Community (EEC). The period under investigation is limited to the 1970s, which was not only the first decade of the implementation of the GSP, but also a time of détente arguably favouring international cooperation and trade. This article argues that Romania did not conceptualise its foreign policy (economic foreign policy included) in terms of East against West, socialism against capitalism or command economy against free market economy but rather in terms of smaller states/powers against bigger states/powers and less developed (poor) countries against developed (rich) countries, regardless of their socio-economic systems and Cold War alliances.

Asymmetric Cold War Trade: Romania and the Generalized System of Preferences (1968–1979)