Minutes of Meeting Held in Room 1121, Temporary M Building 26th Street and Constitution Avenue, N.W. 1000 hours, 15 August 1961

• Document Type: CREST
• Collection: General CIA Records
• Document Number (FOIA) /ESDN (CREST): CIA-RDP82-00283R000100070005-5
• Release Decision: RIPPUB
• Original Classification: S
• Document Page Count: 5
• Document Creation Date: November 9, 2016
• Document Release Date: July 21, 1998
• Sequence Number: 5
• Publication Date: August 15, 1961
• Content Type: MIN

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TAB
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 Approved For Release 1999/09/10 : CIA-RDP82-00283R000100070005-5
Approved For Release 1999/09/10 : CIA-RDP82-00283R000100070005-5
 Approved For Release 1999/09/10 : CIA-RDP82-00283R000100070005-5
ECONOMIC INTELLIGENCE COMMITTEE
Control No. 497527
ETC -M--93
15 August 1961
Minutes of Meeting Held in
Room IlZ1, Temporary M Building
26th.Street and Constitution Avenue, N. W.
1000 hours, 15 August 1961
PRESENT:
Dr. Otto E. Guthe, CIA, Chairman
William A. Smith, Office of the Secretary of Defense
John W. Easton, Joint Staff
Bennett V. S. Davis, Department of the Navy
Lt. Col. Robert Henderson, Department of the Air Force
25X9A8 Doris S. Whitnack, Department of State
Baxter Wood, Department of the Army
National Security Agency
Dr. Outten J. Clinard, Department of the Air Force
Morris H. Crawford, Department of State
Dr. Edward R. Van Sant, Office of the Assistant Secretary
r r,_r___ _
o
Jerome r orrest. international Cooperation Administration
Executive Secretary
APPROVAL OF MINUTES:
1. The minutes of the ETC meeting of 1 August 1961 (EIC-M.92)
were approved.
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CIA-RDP82-00283R000100070005-5
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EIC -M-93
15 August 1961
ANNOUNCEMENTS:
2. The Chairman mentioned that the study on The Strategic
Im act of the International Embargo Program on the ino- oviet Bloc,
being prepared by the Subcommittee on Economic Defense, is pro-
ceeding according to schedule. It is anticipated that review of this
report by the EIC will be undertaken during the latter part of August
so as to meet the requestor's target date of 1 September.
3. EIC-R18-S2, Vulnerabilit of the East German Econom to
Western Countermeasures, will be disseminated shortly, as will the
carve Listing of nterna and External Economic Research Projects
on the ino- Soviet Bloc and on Selected . on- . oc areas -S-3&)
EIC-R14-S11, "SINO-SOVIET BLOC ECONOMIC ACTIVITIES IN
UNDERD]TVELOPIM AREAS, 1 JANUARY - 30 JUNE 1961--
4. The EIC reviewed page-by-page the draft report of the Work-
ing Group, and a number of modifications and changes were suggested
and accepted. After EIC-R14-S11 was approved, the Chairman sug-
gested that in the next issue every effort should be made to keep the
coverage of the various recipient countries commensurate with the im-
portance, within the context of the subject of the report, of the develop-
ments that have taken place therein. On behalf of the EIC, the Chair-
man commended the members of the Working Group for their efforts in
producing a superior and timely report.
5. Mr. Forrest stated that ICA has had considerable inquiry re-
garding information on repayment of aid by the recipient countries, and
suggested that more attention be given to this matter. After general
Committee discussion, the Chairman directed the Working Group to
take cognizance of the matter and suggested that, whenever sufficient
data become available, an article be prepared for one of the current
publications.
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EIC-M-93
15 August 1961
6. The.Chairman suggested various ways for shortening or
reducing the expenditure of time required for preparing the recapitu-
lation tables in the Statistical Appendix, detailing from 1954 to the
present the status of projects initiated through use of Bloc credits
and grants to individual underdeveloped countries. It was the consen-
sus of the Committee that these tables are too valuable in their present
form to be drastically changed and, after considerable discussion, the
Ch,irman directed the Working Group to explore the feasibility of using
mechanization in the processing of this information and of publishing
these tables separately a few weeks after the preparation of the Semi-
annual.
Executive Secretary
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