EXIM LOANS FOR USSR

• Document Type: CREST
• Collection: Library of Congress
• Document Number (FOIA) /ESDN (CREST): LOC-HAK-259-1-53-5
• Release Decision: RIPLIM
• Original Classification: S
• Document Page Count: 1
• Document Creation Date: January 11, 2017
• Document Release Date: November 23, 2011
• Sequence Number: 53
• Publication Date: December 18, 1973
• Content Type: CABLE

No Objection to Declassification in Part 2011/11/23: LOC-HAK-259-1-53-5
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FLASH
Z 1821452 DEC 73 ZYH ZFF-1/4
FM THE SITUATION ROOM TOHAK 133
TO AMEMBASSY MADRID
S E C R E T/EYES ONLY WH37696
TOHAK 133
TO LARRY EAGLEBURGER FOR SECRETARY KISSINGER
TO: SECRETARY KISSINGER
FROM: GENERAL SCOWCROFT
SUBJECT: EXIM LOANS FOR USSR
TREASURY HAS ASKED SONNENFELDT FOR NSC GREEN LIGHT ON SEVERAL
EXIM ACTIONS FOR SOVIETS. SHULTZ FAVORS THESE STEPS AT THIS TIME
BUT WANTS TO BE SURE YOU APPROVE.
]. EXIM HAS HAD PENDING IN STATUS OF "PRELIMINARY APPROVAL"
SOME 25 MILLION DOLLARS WORTH OF LOANS FOR THREE INDUSTRIAL
PROJECTS IN THE USSR. SHULTZ WOULD LIKE TO MOVE THIS TO "FINAL
APPROVAL STATUS" WHICH WOULD THEN PERMIT ACTUAL DISBURSEMENT'S.
2. EXIM HAS HAD IN APPLICATION STATUS SOME 43 MILLION DOLLARS
WORTH OF MISCELLANEOUS INDUSTRIAL PROJECTS AND SHULTZ WOULD NOW
WANT TO MOVE THOSE UP INTO "PRELIMINARY APPROVAL" STATUS.
3. FOR YOUR BACKGROUND, TOTAL OF FINAL AND PRELIMINARY APPROVALS
CURRENTLY STANDS AT 373 MILLION DOLLARS AND WOULD INCREASE TO,
416 MILLION DOLLARS IF 43 MILLION IN PARA 2 ABOVE IS APPROVED.
COMMENT: ACTIONS INVOLVED ARE RELATIVELY MINOR BUT WOULD PROVIDE
SIGNAL THAT HOUSE ACTION ON TRADE BILL IS NOT RPT NOT DETERRING
FAVORABLE EXIM ACTIONS . OUR JUDGMENT HERE IS THAT SUCH ACTIONS ARE
ALSO DESIRABLE IN CONTEXT OF MIDDLE EAST DIPLOMACY AT PRESENT
BUT WOULD APPRECIATE YOUR CONCURRENCE.
WARM REGARDS.
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SCOWCROFTsMCFARLANEsSECFILE
RECALLED
PSN:012847 PAGE 01 OE 01 TOR:352/22:08Z DTG:182145Z DEC 73
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No Objection to Declassification in Part 2011/11/23: LOC-HAK-259-1-53-5