SINO-SOVIET BLOC ECONOMIC ACTIVITIES IN UNDERDEVELOPED AREAS

Document Type: 
Collection: 
Document Number (FOIA) /ESDN (CREST): 
CIA-RDP92B01090R000700010025-3
Release Decision: 
RIPPUB
Original Classification: 
S
Document Page Count: 
5
Document Creation Date: 
December 16, 2016
Document Release Date: 
August 9, 2005
Sequence Number: 
25
Case Number: 
Publication Date: 
January 21, 1957
Content Type: 
REPORT
File: 
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PDF icon CIA-RDP92B01090R000700010025-3.pdf127.25 KB
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Approved For Release 2005/08/22 : CIA-RDP92BO109OR000700010025-3 407 Copy N? SECRET BIWEEKLY REPORT SINO - SOVIET BLOC ECONOMIC ACTIVITIES IN UNDERDEVELOPED AREAS EIC-WGR-1 /25 21 January 1957 PREPARED BY THE WORKING GROUP ON SINO-SOVIET BLOC ECONOMIC ACTIVITIES IN UNDERDEVELOPED AREAS ECONOMIC INTELLIGENCE COMMITTEE SECRET Approved For Release 2005/08/22 : CIA-RDP92BO109OR000700010025-3 Approved For Release 2005/08/22 : CIA-RDP92B01090R000700010025-3 SECRET WARNING THIS MATERIAL CONTAINS INFORMATION AFFECT- ING THE NATIONAL DEFENSE OF THE UNITED STATES WITHIN THE MEANING OF THE ESPIONAGE LAWS, TITLE 18, USC, SECTIONS 793 AND 794, THE TRANSMIS- SION OR REVELATION OF WHICH IN ANY MANNER TO AN UNAUTHORIZED PERSON IS PROHIBITED BY LAW. These biweekly reports on "Sino-Soviet Bloc Economic Ac- tivities in Underdeveloped Areas" are prepared and issued by a Working Group of the Economic Intelligence Commit- tee, including representatives of the Departments of State, the Army, the Navy, the Air Force, Commerce, and Agricul- ture; the International Cooperation Administration; the Office of the Secretary of Defense; and the Central Intelli- gence Agency. Their purpose is to provide up-to-date fac- tual information on significant developments in the eco- nomic relations of Sino-Soviet Bloc countries with under- developed countries of the Free World. The EIC-R-14 series of reports, under the same title, provide periodic summaries and analytical interpretations of these developments. Printed and Disseminated by the Central Intelligence Agency Approved For Release 2005/2YECIA-RDP92B01090R000700010025-3 Approved For Release 2005/08/22 : CIA-RDP92B01090R000700010025-3 S-E-C-R-E-T Summary of Events 4 - 17 January 1957 Efforts of the Sino-Soviet Bloc to expand economic relations with the Free World received two minor setbacks during the period 4 - 17 January 1957. In the Far East, Burmese authorities disclosed that rice exports to European Bloc countries will be sharply reduced in 1957. In the Middle East, although it appears that Hungary will attempt to meet existing obliga- tions toward Egypt, the October 1956 revolt will have an impeding effect on Hungary's commitments to supply capital equipment to Egypt. The reduction in Burmese rice exports to European Bloc countries was initiated by Burma because of its current ability to sell rice for cash else- where and its dissatisfaction with many of the Bloc trading arrangements. Burma, however, has signed two new contracts with Communist China whereby China will continue to supply experts to assist in the expansion of the Burmese textile i't'idustry. In other significant activities the Sino-Soviet Bloc continued its efforts to expand economic relations with Free World countries. Czechoslokrakia is reported to have sold arms to Yemen valued at $8 million to $9 million, and Afghanistan has contracted for a second cement plant to be constructed by Czechoslovakia. ing: 1. Communist China and Ceylon have signed a contract for 1957 under the 5-year rice-rubber agreement, continuing planned trade at the level of the previous years. 2. The USSR and Afghanistan have signed a trade protocol cover- ing trade exchanges between the two countries during 1957-58. 3. Poland has agreed to construct a factory for a sugar firm in 4. North Vietnam and Indonesia have signed a 1-year trade agreement, the first agreement which Indonesia has signed with North Vietnam. - i - S-E-C-R-E-T Approved For Release 2005/08/22 : CIA-RDP92B01090R000700010025-3 Approved For Release 2005/08/22 : CIA-RDP92B01090R000700010025-3 S-E-C-R-E-T CONTENTS Page A. Ceylonese Trade Agreement with Communist China . . . . . . . . . . . . . . . Afghanistan . . . . . . . . . . 1. Trade Protocol with the USSR 2. Progress on Czechoslovak Cement Plant C. Polish Assistance in Establishment of Indian Sugar Factory 1. Reduction in Rice Exports to the Bloc . . . 3 2. Chinese Communist Aid to the Textile Industry . . . . . . . . . .. . . . . . . 3 B? Trade Agreement Between Indonesia and North Vietnam . . . . . . . . . . . . . . . . . . 4 III, Middle East . . . . . . . . . . . . . . . . . . .. 4 A. Hungarian Contracts in Egypt . . . . . . . . 4 B. Expansion of Yemen-Soviet Bloc Relations . . . 5 Approved For Release 2005/08/22 : CIA-RDP92B01090R000700010025-3 25X1 Approved For Release 2005/08/22 : CIA-RDP92BO109OR000700010025-3 Next 5 Page(s) In Document Exempt Approved For Release 2005/08/22 : CIA-RDP92BO109OR000700010025-3