THE PRESIDENT'S DAILY BRIEF 13 JANUARY 1975

• Document Type: FOIA
• Collection: President's Daily Brief 1969-1977
• Document Number (FOIA) /ESDN (CREST): 0006007916
• Release Decision: RIPPUB
• Original Classification: T
• Document Page Count: 8
• Document Creation Date: August 14, 2016
• Document Release Date: August 24, 2016
• Publication Date: January 13, 1975

? .1-
I
Declassified in Part - Sanitized Copy Approved for Release 2016/07/15 : CIA-RDP79T00936A012400010034-2
The President's Daily Brief
January 13, 1975
5
Top ecret 25X1
Declassified in Part - Sanitized Copy Approved for Release 2016/07/15 : CIA-RDP79T00936A012400010034-2
Declassified in Part - Sanitized Copy Approved for Release 2016/07/15 : CIA-RDP79T00936A012400010034-2
Exempt from general
declassification schedule of E.O. 11652
exemption category 5B(11,12),(31
declassified only on approval of
the Director of Central Intelligence
in) 4
Declassified in Part - Sanitized Copy Approved for Release 2016/07/15 : CIA-RDP79T00936A012400010034-2
Declassified in Part - Sanitized Copy Approved for Release 2016/07/15 : CIA-RDP79T00936A4012400-010034-2
FOR THE PRESIDENT ONLY
January 13, 1975
Table of Contents
Saudi Arabia - Arab States: King Faysal's trip to
Syria, Jordan, and Egypt this week will give
Arab leaders a chance to assess their situa-
tion with regard to Israel. (Page 1)
International Monetary Fund: Japan and EC members
will be lobbying at IMF meeting this week for
expansion of the Fund's oil-related lending
facility. (Page 2)
Note: Laos (Page 3)
FOR THE PRESIDENT ONLY
Declassified in Part - Sanitized Copy Approved for Release 2016/07/15 : CIA-RDP79T00936A012400010034-2
Declassified in - Sanitized Copy Approved for Release 2016/07/15 : CIA-RDP79T00936-A01240010034-2
FOR THE PRESIDENT ONLY
SAUDI ARABIA ARAB STATES
King Faysal's trip to Syria, Jordan,
and Egypt this week will give Arab leaders
a chance to assess their situation with
regard to Israel and examine future op-
tions.
Faysal is scheduled to stop first in Syria to-
morrow. Since 1971, Saudi policy has been directed
at bringing Damascus closer in line with the views
of Saudi Arabia and Egypt on Arab-Israeli and inter-
Arab questions, at urging Asad's regime to adopt a
moderate approach to internal and external problems,
and at trying to limit Syrian-Soviet ties.
Saudi aid--approximately $200 million last
year--gives Faysal a fair amount of leverage. The
Syrians are certain to ask for an increase in this
aid. They may also try to get the King to make a
firm commitment to use the oil weapon in the event
that negotiations are stalemated or new fighting
begins.
Faysal's second stop will be in Jordan. King
Husayn is unhappy about Faysal's support of the
fedayeen over the years, and probably feels Faysal
could have done more to prevent the endorsement of
the Palestine Liberation Organization at the Rabat
summit conference.
In any case, Husayn's potential animosity has
been tempered by the fact that Saudi Arabia has
been giving money to Jordan since the war in 1967.
Amman received $50 million last year, and on Janu-
ary 11 Saudi Arabia transferred another $50 million
in accordance with pledges made at the Rabat con-
ference.
Faysal's last stop will be in Cairo. The tie
between Saudi Arabia and Egypt has been a key ele-
ment of Arab politics since the October war, al-
though there have been signs of friction. Sadat
has chafed at his economic dependence on Faysal,
and Cairo has been upset by what it regards as Saudi
stinginess and aid restrictions. Egyptian requests
for money, often couched more like demands, have
irritated the Saudis. There are, however, no indi-
cations of a divergence in policy. The recent cool-
ing in Cairo's relationship with Moscow will move
Egypt even closer to Saudi Arabia.
Last year, the Saudis gave the Egyptians $500
million. They also promised a sizable amount to the
defense fund set up at the Rabat summit, $161 mil-
lion in project aid, and possibly additional cash.
1
FOR THE PRESIDENT ONLY
Declassified in Part - Sanitized Copy Approved for Release 2016/07/15 : CIA-RDP79T00936A012400010034-2
25X1
25X1
Declassified in Part - Sanitized Copy Approved for Release 2016/07/15 : CIA-RDP79T00936A012400010034-2
FOR THE PRESIDENT ONLY
INTERNATIONAL MONETARY FUND
Japan will join members of the EC in
lobbying at the IMF meeting this week for
expansion of the IMF-based, oil-related
lending facility and for raising the
quotas of IMF members.
Japan and members of the EC want to enlarge the
lending facility this year from the current $3.6
billion to as much as $10 billion. They would like
it to be the primary source of funds to supplement
borrowing both from the oil exporters and from the
international capital market.
The EC finance ministers had agreed last week
to study the US recycling plan for possible use in
conjunction with the IMF scheme. Officials of sev-
eral EC states have stated that the EC will wait
until after the IMF scheme is approved before con-
sidering an additional plan.
On the matter of quotas for IMF members, Japan
and most EC members agree that the total should be
increased by up to 35 percent. Most favor the dou-
bling of quotas for OPEC members, a freeze of those
of other developing countries, and selective changes
in the quotas of developed countries. No agreement
has been reached yet on how to redistribute quotas
among developed countries.
FOR THE PRESIDENT ONLY
Declassified in Part - Sanitized Copy Approved for Release 2016/07/15 : CIA-RDP79T00936A012400010034-2
Declassified in Part - Sanitized Copy Approved for Release 2016/07/15 : CIA-RDP79T00936A012400010034-2
J.
. ;
?
,)
00
f
-...-Bln Hptiet? ( .
- - '.; - ' _; 6 '..- e.?.?,/, /L-''' ? ,V-? ': rip L:',..\ ("r ,-
mEn
l_uang Pr4ang c;
;J._ , ,... " ? ? ".;'' -' Z. ' ./ - ? A Ll
i/igTNA !V/
y;?, . ,.?4; ? ? .. , ----.1.,-,4-1