CENTRAL INTELLIGENCE BULLETIN

• Document Type: CREST
• Collection: General CIA Records
• Document Number (FOIA) /ESDN (CREST): CIA-RDP79T00975A025500020001-6
• Release Decision: RIPPUB
• Original Classification: T
• Document Page Count: 7
• Document Creation Date: December 15, 2016
• Document Release Date: March 12, 2004
• Sequence Number: 1
• Publication Date: October 25, 1973
• Content Type: REPORT

Approved For Release 2004/07/08 : CIA-RDP79T00975A025500 0001-
oa secret
25X1:
Central Intelligence Bulletin
State Department review completed
Top Secret
T 4-7
25 October 1973
Approved rma- r Re W as a- 004/07/08 : CIA-RDP79T00975A025500020001-6
 25X1 Approved For Release 2004/07/08 : CIA-RDP79T00975AO25500020001-6
Approved For Release 2004/07/08 : CIA-RDP79T00975AO25500020001-6
 25X1
25X1
Approved For Release 2004/07/08 : CIA-RDP79T00975AO25500020001-6
Central Intelligence Bulletin
25X1
25X1
25X1
CHILE-US: Government wants talks with copper com-
panies.
Approved
25X1
25X1
 25X1 Approved For Release 2004/07/08 : CIA-RDP79T00975AO25500020001-6
Next 9 Page(s) In Document Exempt
Approved For Release 2004/07/08 : CIA-RDP79T00975AO25500020001-6
 25X1
Approved For Release 2004/07/08 : CIA-RDP79T00975A025500020001-6
CHILE-US: THE JUNTA GOVERNMENT WANTS TO BEGIN
SERIOUS NEGOTIATIONS WITH THREE US COPPER COMPANIES
WHOSE PROPERTIES WERE EXPROPRIATED BY THE ALLENDE
GOVERNMENT.
FOREIGN MINISTRY ECONOMIC ADVISER ORLANDO SAENZ, WHO
ALREADY HAS MET WITH COMPANY REPRESENTATIVES, HAS
FORMULATED TENTATIVE PLANS AND HAS ASKED THE US EM-
BASSY TO FIND OUT HOW THE COMPANIES MIGHT REACT.
SAENZ BELIEVES THAT IT SHOULD NOT BE DIFFICULT
TO REACH AN AGREEMENT WITH THE CERRO CORPORATION
ALONG THE LINES OF AN ARRANGEMENT WORKED OUT BETWEEN
THE COMPANY AND THE ALLENDE GOVERNMENT BUT NEVER IM-
PLEMENTED. SAENZ HOPES TO COME TO TERMS WITH ANA-
CONDA THAT WOULD PROVIDE FOR TECHNICAL ASSISTANCE
AND THE COMPANYF'S DEVELOPMENT OF AN UNEXPLOITED ORE
25X1
25X6
SAENZ SEES KENNECOTT AS HIS TOUGHEST CHALLENGE
AND APPEARS CONCERNED THAT THE COMPANY MAY STICK TO
ITS DEMAND FOR $600 MILLION IN COMPENSATION. SAENZ
IS PREPARED TO REAFFIRM CHILE'S OBLIGATION ON AN
EXISTING $80 MILLION NOTE AND TO OFFER ANOTHER $80
MILLION.
THE JUNTA GOVERNMENTOS INTEREST IN SETTLING
THE COPPER DISPUTES IS RELATED TO ITS NEED FOR TECH-
NICAL HELP IN RUNNING THE MINES, AS WELL AS TO ITS
DESIRE TO ENCOURAGE FOREIGN CREDITS AND INVESTMENT.
25X1
Central Intelligence Bulletin
25X1
Approved For Release 2004/07/08 : CIA-RDP79T00975A0255000200Q1-6
 25X1 Approved For Release 2004/07/08 : CIA-RDP79T00975AO25500020001-6
Next 3 Page(s) In Document Exempt
Approved For Release 2004/07/08 : CIA-RDP79T00975AO25500020001-6
 25X1
Approved For Release 2004/07/08 : CIA-RDP79T00975AO25500020001-6
Top Secret
Top Secret
Approved For Release 2004/07/08 : CIA-RDP79T00975AO25500020001-6