SINO-SOVIET BLOC ECONOMIC ACTIVITIES IN UNDERDEVELOPED AREAS

• Document Type: CREST
• Collection: General CIA Records
• Document Number (FOIA) /ESDN (CREST): CIA-RDP92B01090R000700020062-1
• Release Decision: RIPPUB
• Original Classification: S
• Document Page Count: 6
• Document Creation Date: December 16, 2016
• Document Release Date: August 3, 2005
• Sequence Number: 62
• Publication Date: May 20, 1963
• Content Type: REPORT

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BIWEEKLY REPORT
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SINO - SOVIET BLOC
ECONOMIC ACTIVITIES
IN UNDERDEVELOPED AREAS
EIC WGR 1/190
20 May 1963
PREPARED BY THE WORKING GROUP
ON SINO-SOVIET BLOC ECONOMIC ACTIVITIES
IN UNDERDEVELOPED AREAS
SECRET
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Summary of Events
3-16 May 1963
A continuing decline in Soviet economic aid extensions may reflect
in part the growing realization of the limitations of such aid in accom-
plishing Soviet political objectives under the impact of an increasingly
vocal "anti -give -away" sentiment among Communist Party elements
both at home and abroad.
A six-man Soviet delegation arrived in Ankara during April to dis-
cuss a proposal made by the USSR last year to build a dam on the Arpa-
chay arm of the Aras River. Officials of the Turkish Foreign Ministry
had indicated previously that if a feasibility study demonstrated that the
proposed dam would benefit Turkey economically, the government might
accept the Soviet offer.
On 25 April, Poland and Ceylon signed an economic and technical
cooperation agreement providing for the extension of an $8 million
Polish credit to Ceylon for the purchase of complete industrial plants,
machinery, and equipment. Terms call for a downpayment of 20 per-
cent, making the net value of the credit $6. 4 million.
An Indonesian-Soviet trade agreement, signed on 30 April in
Djakarta, provides that trade will be set at a ratio of 2 to 1, with $40
million in Indonesian exports and $20 million in Indonesian imports
annually. Although the trade negotiations were conducted without ref-
erence to Indonesia's repayment obligations, it is presumed that the
trade surplus will be used for debt servicing.
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Page
1. "Anti-Party" and "Anti-Give-Away" . . . . . . . 1
2. External Communist Opposition . . . . . . . . . 3
3. Tentative Conclusions . . . . . . . . . . . . . 5
Soviet Proposal for Joint Soviet-Turkish Construction
of Frontier River Dam . . . . . . . . . . . . . . 6
A. Polish Credit for Ceylon . . . . . . . . . . . . 7
B. Indonesian-Soviet Trade Agreement . .
Cuba . . . . . . . . . . . . . . . . . . . . . . .
Indonesia . . . . . . . . . . . . . . . . . . . .
Uruguay . . . . . . . . . . . . . . . . . . . . .
Indonesian Trade on Commercial Account with the USSR,
1958-6z . . . . . . . . . . . . . . . . . . ,. . . .
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