AID AND TRADE ACTIVITIES OF COMMUNIST COUNTRIES IN LESS DEVELOPED AREAS OF THE FREE WORLD

• Document Type: CREST
• Collection: General CIA Records
• Document Number (FOIA) /ESDN (CREST): CIA-RDP92B01090R000700020088-3
• Release Decision: RIPPUB
• Original Classification: S
• Document Page Count: 7
• Document Creation Date: December 16, 2016
• Document Release Date: August 3, 2005
• Sequence Number: 88
• Publication Date: May 18, 1964
• Content Type: REPORT

Approved For Release 2005/OlfCRf1FDP92B01090R000700020088-3
Copy N? .569 25X1
BIWEEKLY REPORT
AID AND TRADE ACTIVITIES
OF COMMUNIST COUNTRIES
IN LESS DEVELOPED AREAS
OF THE FREE WORLD
EIC WGR 1/216
18 May 1964
PREPARED BY THE WORKING GROUP
ON COMMUNIST AID AND TRADE ACTIVITIES
IN LESS DEVELOPED AREAS OF THE FREE WORLD
ECONOMIC INTELLIGENCE COMMITTEE
SECDFT
F I
GROUP 1
Approved For Release OO5V{ ~A-14 2BO1090R000700020088-3
 25X1 Approved For Release 2005/08/22 : CIA-RDP92BO109OR000700020088-3
Approved For Release 2005/08/22 : CIA-RDP92BO109OR000700020088-3
 Approved For Release 2005/082 CkMEIZDP92B01090R000700020088-3
Summary of Events
1-14 May 1964
A joint Algerian-Soviet communique published on 7 May announced
the extension of a new Soviet credit of $128 million to Algeria, the estab-
lishment of an oil and gas institute including a technical college, and the
details concerning the use of the $100 million line of credit extended in
1963. Under the $128 million credit the USSR will construct a metal-
lurgical complex, which will include the complete production cycle for
production of rolled steel products as well as a chemical byproduct
plant.
Cambodia has received a, gift of military equipment from Czechoslo-
vakia and signed a military aid agreement with the USSR. From Com-
munist China the Cambodians apparently have received only the promise
of more trucks and infantry weapons,
On 1 May the Indian Government announced that the USSR had agreed
to assist India in the construction of the first phase of a steel plant at
Bokaro scheduled to have a capacity of 4 million tons when completed.
The value of Soviet assistance has not yet been announced.,
Czechoslovakia has agreed to extend a long-term credit of approxi-
mately $84 million to India. This credit is the largest that Czechoslo-
vakia has extended to a less developed country..
According to a protocol of 27 January:, construction of major economic
projects to be financed by a 1960 Soviet economic credit to Indonesia of
$250 million has been postponed until. at least 1967, and priority status
has been given to the projects scheduled under the 1956 agreement.. To
date, total drawings under the 1960 agreement are estimated at only $2
million, and a total of $45 million has been drawn on the 1956 projects.,
A total of 223 commercial representatives of Communist countries
are stationed in either trade offices or diplomatic missions in 9 Latin
American countries. Czechoslovakia and Poland are the Communist
countries most widely represented in the area; each has commercial
representatives in seven Latin American republics. Brazil at present
has more complete trade representation from the Communist area than
any other Latin American country, with trade officials from eight Com-
munist countries. In spite of this wide representation, trade between
the two areas remains at a low level.
Approved For Release 2005/08/2.; LAE.IPP92B0l090R000700020088-3
SECR
 Approved For Release 2005/ulur- 'gl-RDP92BO1090R000700020088-3
The Chilean Ministry of Mines has announced the sale of 5, 000 tons
of refined copper to Communist China. Although negotiations for this
sale have been underway since late 1963, deliveries will not begin until
March 1965.
Approved For Release 2005i$Fgc E'E-RDP92BO1090R000700020088-3
 Approved For Release 2005/08/22 : CIA-RDP92BO109OR000700020088-3
SECRET
Page
New Soviet Credit for Algeria . . . . . . . .
A. Communist Military Aid to Cambodia . . . . 1
B. India . . . . . . . . . . . . . . . . . . . . 2
1. Soviet Aid for the Bokaro Project . . . . . . 2
C. Postponement of Soviet Projects in Indonesia . . . 3
A. Communist Trade Representation in Latin
America . . . . . . . . . . 3
B. Chilean Sale of Copper to Communist China 6
Afghanistan 7
Burundi , . . . . . . . . . . 7
Cameroon . . . . . . . . . . . . . 7
Iraq . . . . , . . . . . . . . 7
Kenya . , . . . . . . . . . . . . . . 8
Mali . . . . . . . . . . . . . . . . . . 8
Yemen . . . . . . . . , . . 8
1. Approximate Number of Communist Personnel
Assigned in a Commercial Capacity to Missions
in Latin America, May 1964 . . . . . . . . . . . 4
2. Communist Diplomatic and Trade Representation
in Latin America, May 1964 . . . . . 5
Approved For Release 2005/08/22 : CIA-RDP92B01090R000700020088-3
SECRET
 Approved For Release 2005/O&ECP,-NRDP92BO1090R000700020088-3
Map
Following Page
Communist Diplomatic and Resident Trade
Representation in Latin America, May
1964 . . . . . . . . . . . . . .
Approved For Release 2005/(( iC -RDP92BO1090R000700020088-3
 25X1 Approved For Release 2005/08/22 : CIA-RDP92BO109OR000700020088-3
Next 9 Page(s) In Document Exempt
Approved For Release 2005/08/22 : CIA-RDP92BO109OR000700020088-3