ECONOMIC INTELLIGENCE COMMITTEE

• Document Type: CREST
• Collection: General CIA Records
• Document Number (FOIA) /ESDN (CREST): CIA-RDP82-00283R000100070006-4
• Release Decision: RIPPUB
• Original Classification: S
• Document Page Count: 2
• Document Creation Date: November 9, 2016
• Document Release Date: July 21, 1998
• Sequence Number: 6
• Publication Date: August 15, 1961
• Content Type: MIN

Approved For Release 999/09/1063 2-00283 0DQjLQQD, 0Q0.Q-4
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ECONOMIC INTELLIGENCE COMMITTEE
Control No. C,
EIC-M-93
15 August 1961
Minutes of Meeting Held in
Room 1121, Temporary M Building
26th Street and Constitution Avenue, N. W.
1000 hours, 15 August 1961
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PRESENT:
1r. Otto . 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
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 of Defense
Jerome Forrest, International Cooperation Administration
CIA
CIA
CIA
CIA
Executive Secretary
APPROVAL OF MINUTES:
1. The minutes of the EIC meeting)(, A ~f?L.T.,:.~ 1 August 1961
(EIC-M-91)were approved.
ANNOUNCEMENTS:
2. The Chairmary mentioned that the study on The Strategic Impact
of the International Embargo Program on the Sino-Soviet Bloc, being
prepared by the Subcommittee on Economic Defense, is proceeding accord-
ing 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
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3. EIC-R18-S2, Vulnerability of the East German Economy to
Western Countermeasures, will be disseminated shortly, as will the
Survey Listing of Internal and External Economic Research Projects on
the Sino-Soviet Bloc and on Selected Non-Bloc Areas (EIC-S-36).
EIC-R14-Sil, "SINO-SOVIET BLOC ECONOMIC ACTIVITIES IN UNDER-
DEVELOPED AREAS, JA UARY - 30 JUNE 1961":
4. The EIC reviewed page -by-page the draft report of the Working I
Group and a number of modifications and changes were suggested and
A rr?arytarl. After F' Tr. _P 1d_.C 1 1
y
in the next ~ every effort chnnlrl be mar1P to 1rPPTl the r?ncTPranP of the i'f/ I
various recipient countries commensurate with t4ai,. ~e importance,
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On behalf of the EIC, the Chairman o6F~( 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 Com-
mittee discussion, -w i-the-pzl-n w and Y-`"'C - nT*mnuch -innformation
,]R available- -the -sub; t,, the Chairman directed the Working Group to
take cognizance of the matter and suggested that, wheneve ?e
data v"a6e
available, an article r J t be prepared for one ofkhe current publications.
6._ The Chairman suggested various ways4h - d'*_>
JA. ,r d,t l a~aQM-,~ , F~?. 1 a 5 pia ~,~.. 4.,t G/2x. ~'wra ~f
and grants to individual underdeveloped countries? c?e-id 1-1 ~ ezrrex -
It was the consensus of the Committee that these tables are too valuable
in their present form to be drastically changed and, after considerable
discussion, the Chairman directed the Working Group to explore the feasi-
+ -IL t'h.o rw-:~ a+d r., IVAAA-IS bilityAof publishing these tables separately a few weeks after the prepara-
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xecu ive secretary