SINO-SOVIET BLOC ECONOMIC ACTIVITIES IN UNDERDEVELOPED AREAS

• Document Type: CREST
• Collection: General CIA Records
• Document Number (FOIA) /ESDN (CREST): CIA-RDP92B01090R000700020066-7
• Release Decision: RIPPUB
• Original Classification: S
• Document Page Count: 5
• Document Creation Date: December 16, 2016
• Document Release Date: August 3, 2005
• Sequence Number: 66
• Publication Date: July 15, 1963
• Content Type: REPORT

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BIWEEKLY REPORT
SINO - SOVIET BLOC
ECONOMIC ACTIVITIES
IN UNDERDEVELOPED AREAS
EIC WGR 1/194
15 July 1963
PREPARED BY THE WORKING GROUP
ON SINO-SOVIET BLOC ECONOMIC ACTIVITIES
IN UNDERDEVELOPED AREAS
SECRET
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Summary of Events
28 June - 11 July 1963
With the notable exception of Cuba, Latin America's trade with the
Bloc has remained an insignificant portion of the area's total trade.
Countries with recurring balance-of-payments problems account for
most of Latin American - Bloc trade, and the course of this trade is
largely determined by the extent of the difficulties of these countries.
Polish commercial activity in Latin America has increased recently.
Poland is trading with a number of countries of the area, but the actual
amounts involved in each instance are small.
Iraq has decided to cancel its surface-to-air missile program and
to substitute conventional weapons for the missiles. Although the USSR,
which has been supplying missiles to Iraq, has not yet replied to this
decision, Soviet military deliveries to Iraq were halted in May, and the
number of Soviet military technicians in Iraq is declining.
Under a new agreement the USSR will accept full responsibility for
the completion of all outstanding Soviet aid projects in Guinea. An
organization will be established to handle all phases of the Soviet projects,
including the recruitment and direct supervision of skilled labor and the
procurement of local materials. Formerly these activities were the
responsibilities of Guinea.
Indonesia's annual repayment obligations to the USSR for military
assistance provided since 19.60 have been rescheduled in order to reduce
Indonesia's annual debt service obligation through 1969 at least. The
terms of this agreement are not fully known, but it is apparent that the
USSR refused Indonesia's request for a moratorium of several years on
repayment of both Soviet economic and military aid as well as a re-
scheduling of repayments for economic assistance extended by the USSR.
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CONTENTS
Page
I. Latin America . . . . . . . . . . . . . . . . . . . 1
A. Sino-Soviet Bloc Trade with Latin America
During Recent Years . . . . . . . . . . . . . 1
B. Recent Polish Commercial Activities in Latin
America . . . . . . . . . . . . . . . . . . . 3
IL Middle East . . . . . . . . . . . . . . . . . . . . 4
Status of Soviet-Iraqi Military Aid Program . . . . 4
III. Africa . . . . . . . . . . . . . . . . . . . . . . 5
Review of Bloc Aid to Guinea . . . . . . . . . . . . 5
IV. Asia . . . . . . . . . . 6
Rescheduling of Indonesian Repayment Obligations
to the Bloc . . . . . . . . . . . . . . . . . . . . 6
V. Brief Notes . . . . . . . . . . . . . . . . . . . . 7
Cambodia . . . . . . . . . . . . . . . . . . . . . 7
Mali . . . . . . .
Nigeria . . . . . . . . . . . . . . . . . . . . . . 8
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