CENTRAL INTELLIGENCE BULLETIN

• Document Type: CREST
• Collection: General CIA Records
• Document Number (FOIA) /ESDN (CREST): CIA-RDP79T00975A012800140002-3
• Release Decision: RIPPUB
• Original Classification: T
• Document Page Count: 7
• Document Creation Date: December 21, 2016
• Document Release Date: January 23, 2009
• Sequence Number: 2
• Publication Date: January 4, 1969
• Content Type: REPORT

Approved For Release 2009/01/23: CIA-RDP79T00975AO12800140002-3
Top Secret
DIRECTORATE OF
INTELLIGENCE
Central Intelligence Bulletin
DOE review completed.
State Dept. review completed
Top Secret
c 196
4 January 1969
Approved For Release 2009/01/23: CIA-RDP79T00975AO12800140002-3
 Approved For Release 2009/01/23: CIA-RDP79T00975AO12800140002-3
Approved For Release 2009/01/23: CIA-RDP79T00975AO12800140002-3
 Approved For Release 2009/01/23: CIA-RDP79T00975A012800140002-3
4 January 1969
Central Intelligence Bulletin
CONTENTS
Ecuador-USSR: The Velasco government has decided to
expand its trade arrangements with the USSR. (Page 5)
Approved For Release 2009/01/23: CIA-RDP79T00975A012800140002-3
 Approved For Release 2009/01/23: CIA-RDP79T00975AO12800140002-3
Iq
Next 4 Page(s) In Document Denied
Approved For Release 2009/01/23: CIA-RDP79T00975AO12800140002-3
 Approved For Release 2009/01/23: CIA-RDP79T00975AO12800140002-3
Ecuador-USSR: The Velasco government has de-
cided to expand its trade arrangements with the So-
viet Union but has apparently postponed for further
study any decision to exchange diplomatic missions.
Ecuador hopes that a commercial agreement with
the USSR will compensate for the decline in sales of
bananas--the country's major export--to Western mar-
kets. Ecuador recently concluded barter agreements
with the Soviet Union and Poland involving the ex-
change of bananas for Soviet cement and for Polish
agricultural and electrical machinery. President
Velasco has consistently sought markets in Communist
countries to improve Ecuador's income and promote
its economic development.
In his year-end press conference, Velasco said
that diplomatic relations with the Soviet Union and
Eastern Europe are a possibility. Velasco obviously
wants to keep the prospect of an exchange of diplo-
matic missions dangling before the Soviet Union and
other Eastern European countries as an inducement
for more favorable trade relations. The US Embassy
believes that if trade prospects become sufficiently
attractive to Ecuador, diplomatic exchan es will be
difficult to resist.
Central Intelligence Bulletin 5
Approved For Release 2009/01/23: CIA-RDP79T00975AO12800140002-3
 Approved For Release 2009/01/23: CIA-RDP79T00975AO12800140002-3
Iq
Next 2 Page(s) In Document Denied
Approved For Release 2009/01/23: CIA-RDP79T00975AO12800140002-3
 Approved For Release 2009/01/23: CIA-RDP79T00975AO12800140002-3
Top Secret
Top Secret
Approved For Release 2009/01/23: CIA-RDP79T00975AO12800140002-3