ACTIVITY OF ITALIAN TRADE COMPANY, ITALCOP

• Document Type: CREST
• Collection: General CIA Records
• Document Number (FOIA) /ESDN (CREST): CIA-RDP82-00457R005600580011-9
• Release Decision: RIPPUB
• Original Classification: S
• Document Page Count: 1
• Document Creation Date: November 16, 2016
• Document Release Date: February 24, 2000
• Sequence Number: 11
• Publication Date: August 23, 1950
• Content Type: REPORT

Approved For Release 200+QB51
CENTRAL INTELLIGENCE AGENCY REPORT NO.
INFORMATION REPORT CD NO.
CLASSIFICATION s ..., /CO'?.:ROL - U. OxTICI o.~rx 25X1A
COUNTRY
Italy
DATE DISTR.
23 August 1950
SUBJECT
Activity of Italian Trade Company,
Italcop
NO. OF PAGES
1
PLACE 25X1A
ACQUIRED RETURN 10 t1A
NO. OF ENCLS.
DATE OF
25X1A LIBRARY
SUPPLEMENT TO
2QX
REPORT NO.
1. The Italian organization, Italcop,'' offered to various firms in Rorie 100.000
tons of barley for sale in Italy and. possibly France. The barley wa ,s of Soviet
origin, had a hectoliter freight of 59 to 60 (itilograrta?), ryas packed "ally
rinfusa," that is, unpacked or loo ,e, and was offered at 31+.30 Italian lire
or kilogram for Italy c.i.f. Mediterranean port, and 20.20 French -i.:-ance per
kilogrrm for France c.i.f. Mediterranean tort. It was offered for prompt
delivery. Italcop sweated that the firms nark the barley as of 'North Afri-
can origin (Algiers or Tunis). The prices are about 20 per cent below the
Italian and front 15 to 17 per cent below the French wholesale prices.
2,. Italcop has re rtedly eat_:blished a branch I;nown as the Orient Trading Cor-
poration, at 497 Via Tevere, Rope, the purpose of which is arma:+rently to main-
tain contact '.sith the trade department of the Soviet 4mbasssy~ in Rorie. The
first transaction of this firm involved 50,000 tons of s monium sulphate of
British origin, with a coefficient of 20 - 21 per cent, which was delivered
to the USSR at an F.O.B. price of 22 pounds sterling per ton. The acceptance
port is Lubeck, and delivery is to be acconnlished over a six-month period in
monthly portions of from 8,000 to 9,000 tons. The transaction was arranged
through the Italian representative of a lar,,;e British chenical firm of unknown
id"ntity.
25X1A
25X1A
Comment: SeeIIIIIIIIIIIIIIII[ and previous reports for fur-
ther information on Italcop, presunnbly identical with ITALC00P.
document is hereby regraded to
This
CONFIDENTIAL in accordance with the
letter of 16 October 1978 from the
Director of Central Intelligence to the
Archivist of the United States.
Next Review Date: 2008
121$__ By: _? ___
CLASSIFICATION /COU'TROL - U. S. OF'ICItIS (JULY
STATE P41,' I X NAVY t I NSRB DIST0ISIITION
~T--
Document N.
No h I S.
o(Nav, -%el
7
Approved For Release 2000/05/18 : CIA-RDP82-00457R005600580011-9
CONFIDENTIAL'