SINO-SOVIET BLOC ECONOMIC ACTIVITIES IN UNDERDEVELOPED AREAS

• Document Type: CREST
• Collection: General CIA Records
• Document Number (FOIA) /ESDN (CREST): CIA-RDP92B01090R000700010037-0
• Release Decision: RIPPUB
• Original Classification: S
• Document Page Count: 6
• Document Creation Date: December 16, 2016
• Document Release Date: August 9, 2005
• Sequence Number: 37
• Publication Date: July 8, 1957
• Content Type: REPORT

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copy N? 408
SECRET
BIWEEKLY REPORT
SINO - SOVIET BLOC
ECONOMIC ACTIVITIES
IN UNDERDEVELOPED AREAS
EIC-WGR-1 /37
8 July 1957
PREPARED BY THE WORKING GROUP
ON SINO-SOVIET BLOC ECONOMIC ACTIVITIES
IN UNDERDEVELOPED AREAS
0 313E 195,
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SECRET
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SECRET
WARNING
THIS MATERIAL CONTAINS INFORMATION AFFECT-
ING THE NATIONAL DEFENSE OF THE UNITED STATES
WITHIN THE MEANING OF THE ESPIONAGE LAWS,
TITLE 18, USC, SECTIONS 793 AND 794, THE TRANSMIS-
SION OR REVELATION OF WHICH IN ANY MANNER TO
AN UNAUTHORIZED PERSON IS PROHIBITED BY LAW.
These biweekly reports on "Sino-Soviet Bloc Economic Ac-
tivities in Underdeveloped Areas" are prepared and issued
by a Working Group of the Economic Intelligence Commit-
tee, including representatives of the Departments of State,
the Army, the Navy, the Air Force, Commerce, and Agricul-
ture; the International Cooperation Administration; the
Office of the Secretary of Defense; and the Central Intelli-
gence Agency. Their purpose is to provide up-to-date fac-
tual information on significant developments in the eco-
nomic relations of Sino-Soviet Bloc countries with under-
developed countries of the Free World. The EIC-R-14 series
of reports, under the same title, provide periodic summaries
and analytical interpretations of these developments.
Printed and Disseminated by the
Central Intelligence Agency
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Summary of Events
21 June - 4 July 1957
Burmese trade surpluses with the Sino-Soviet Bloc have risen by
$5 million since 30 September 1956. Burma has attempted to utilize
its Bloc credit balances by transferring $11, 5 million from its Soviet
account to its Czechoslovak account and by encouraging imports from
the USSR and Czechoslovakia. The Burmese surplus has not been re-
duced, however, and Burma is trying now to transfer Soviet credits
into the account of its major Bloc trading partner, Communist China.
A survey of Sino-Soviet Bloc activities in civil aviation during the
past 2 years indicates that significant efforts are being made to sign
bilateral air transport agreements with many underdeveloped nations
in the Free World. Yugoslavia, Greece, Afghanistan, and Burma
have already signed these agreements. Negotiations between Bloc
countries and Iran, Egypt, Syria, and India also are in progress.
The 22-man Soviet agricultural advisory mission in Burma has
met with the approval of Burmese officials and a 'contract for the re-
tention of the group for another year has recently been signed.
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Although Liberia has turned down a Soviet proposal for a treaty
of friendship and commerce and for the establishment of diplomatic
relations, it is reliably reported that Liberian officials will attend
the September 1957 Agriculture Fair in Moscow at Soviet expensed
Elsewhere in the Middle East and Africa, the USSR for the first time
in recent years purchased 9, 000 bales of cotton valued at $20 1 million
from Sudan, a Turkish commercial bank mission left for Moscow to
discuss a Soviet offer of industrial products, and the USSR is reported
to have offered additional credits to a Turkish governmental concern
for the purchase of industrial and agricultural products,
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CONTENTS
Page
1.
Far East . . . . . . . . . . . . . . . . . . . .
1
1. Trade Balance with the Sino-Soviet Bloc . .
1
2. Soviet Agricultural Mission . . . . . . .
2
II.
B. Allocation by Cambodia of Funds from Sales
of Chinese Communist Aid Goods . . . . .
Middle East and Africa . . . . . . . . . . . . .
A. Soviet Purchase of Cotton from Sudan . . . . .
4
B. Continuing Soviet Overtures to Liberia . . . .
4
C. Soviet Credit Offers to Turkey . . . . . . . .
5
D. Soviet Interest in Iranian Grain Elevator
Contract . . o . . . . . . . . . . . . . .
6
A. Soviet Shipment of. Scientific Equipment to Chile
Through the UN . . . . .. . . . . . . . . .
B. Chinese Communist Trade Mission in South
America . . .
V.. Sino-Soviet Bloc (Civil Air Activity in Underde-
veloped Countries) . .
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