UNITED STATES POLICY ON EXPORT-IMPORT BANK LOANS FOR SOUTH AFRICA

• Document Type: CREST
• Collection: Library of Congress
• Document Number (FOIA) /ESDN (CREST): LOC-HAK-90-4-2-5
• Release Decision: RIFLIM
• Original Classification: S
• Document Page Count: 2
• Document Creation Date: January 11, 2017
• Document Release Date: October 22, 2010
• Sequence Number: 2
• Publication Date: January 16, 1976
• Content Type: MEMO

SECRET /SENSITry E
January 16, 1976
National Securi Study. Memorandum 236
TO.- The Secretary of State
The Secretary of the Treasury
The. Secretary of Defence
The Secretary of Con-unerce
The Director. of Central Intelligence
The Acting Executive Director, Council on
International Economic Policy
SUBJECT: United. States policy on Export-Import Bank Loans
The President has directed a review of United States policy toward
for South Africa
Export-Import Bank loans for exports to South Africa,
for continuing or modifying that policy, taking into account the. following:_
The study should describe current United States policy and the rationale
competitive disadvantage United States business firms ,,.j
policy change, with particular attention to the extent of i
-- the economic benefits and costs of an Export-Import Baik-.,
government export credit agencies for transactions with
the policies of other nations with regard to the use of
for overall United States interests in Africa and elsewhere;-
the short and long term consequences of a changed policy,
presently have in exporting to South Arica;
South Africa;
No Objection to Declassification in Full 2010/10/22: LOC-HAK-90-4-2-5
that policy implied by possible Export-Import Bank policy
United States policy toward South Africa and changes in':
ofSl,k,c,hange in Export-Import Bank policy on those relations..
U..,S;, retatior.s with other African countries and the effect
revisioxts;
NATIONAL SECURITY COUNCIL
?ASGB
WASHINGTON. D.C.
SECR Ek.-r /SENSITIV E
No Objection to Declassification in Full 2010/10/22 : LOC-HAK-90-4-2-5
 No Objection to Declassification in Full 2010/10/22: LOC-HAK-90-4-2-5
SIECRET/SENS'CTIVE
?,?the extent to which the present unstable condition in
southern Africa would be affected by a policy change;
-- Likely reaction -within the United States to a change in
United States policy.
Based upon the foregoing assessment, the study should evaluate.alte
iiative United States policy options with regard to Export- import.13ank,.
loan policies in South Africa including pros and cons for each.
The study should be prepared by an ad hoc group composed of repre-
sentatives of the addressees and the National Security Council staff
and chaired by the representative of the Secretary of State. Where ."
appropriate, a representative of the Chairman, Export-.Import Btnk
should be inva.ted to participate in the meetings of the ad hoc group,
Knowledge of the study and participation in its preparation should be
kept on a strict need-to-know basis. Any additional participation
should be specifically approved by the Chairman of the Group,
The study should be submitted to the Assistant to the President for
National Security-Affairs no later than January 30, 2976.
ti
Brent Scowci aft
cc: The Chairman, Export-Import Bank
SEGR.ET / SENSITIV E
No Objection to Declassification in Full 2010/10/22 : LOC-HAK-90-4-2-5