CENTRAL INTELLIGENCE BULLETIN

• Document Type: CREST
• Collection: General CIA Records
• Document Number (FOIA) /ESDN (CREST): CIA-RDP79T00975A023200010002-1
• Release Decision: RIPPUB
• Original Classification: T
• Document Page Count: 7
• Document Creation Date: December 14, 2016
• Document Release Date: July 15, 2003
• Sequence Number: 2
• Publication Date: November 11, 1972
• Content Type: REPORT

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Top Secret
DIRECTORATE OF
INTELLIGENCE
Pg-
77Central Intellzgence Bulletin
Top Secret
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c 202-
11 November 1972
5: CIA-RDP79T00975A023200010002-1
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Central Intelligence Bulletin
CONTENTS
CHILE: President Allende asks for Swedish help on
copper shipment, (Page 5)
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 Approved For Releo
CHILE: President Allende has asked the Swedish
Government's help in circumventing a Swedish court
action that impounds payments for Chilean copper
delivered to Swedish firms.
His request came after preliminary court rul-
ings favorable to Kennecott Copper Corporation. Two
shiploads of copper from the nationalized El Teniente
mine, which were destined for Swedish firms, have
been diverted, but a token shipment has been de-
livered and payment deposited with the court to test
the ruling.
The Swedish Government is unlikely to challenge
the courts. Sweden, having designated Chile a "pro-
gressive country" to be favored by foreign aid pol-
icy, will probably not buy the copper, but will un-
doubtedly try to find some other way to assist Al-
lende, possibly through additional financial aid.
Thus far the Kennecott campaign has had no ap-
preciable effect on the world market price of copper,
due to large existing stockpiles. However, European
buyers are awaiting final court decisions before
they commit themselves to new Chilean contracts.
11 Nov 72 Central Intelligence Bulletin
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