SINO-SOVIET BLOC ECONOMIC ACTIVITIES IN UNDERDEVELOPED AREAS

• Document Type: CREST
• Collection: General CIA Records
• Document Number (FOIA) /ESDN (CREST): CIA-RDP92B01090R000700010094-7
• Release Decision: RIPPUB
• Original Classification: S
• Document Page Count: 5
• Document Creation Date: December 16, 2016
• Document Release Date: August 10, 2005
• Sequence Number: 94
• Publication Date: September 14, 1959
• Content Type: REPORT

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COPY 7
BIWEEKLY REPORT
SINO - SOVIET BLOC
ECONOMIC ACTIVITIES
IN UNDERDEVELOPED AREAS
EIC-WGR 1/94
14 September 1959
PREPARED BY THE WORKING GROUP
ON SINO-SOVIET BLOC ECONOMIC ACTIVITIES
IN UNDERDEVELOPED AREAS
ECONOMIC INTELLIGENCE COMMITTEE
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SECRET
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WARNING
THIS MATERIAL CONTAINS INFORMATION AFFECT-
ING THE NATIONAL DEFENSE OF THE UNITED STATES
WITHIN THE MEANING OF THE ESPIONAGE LAWS,
TITLE 18, U.S.C., 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, th 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
Central Intelligence Agency
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 Approved For Release 200490. I'-RDP92B01090R000700010094-7
Summary of Events
28 August - 10 September 1959
Czechoslovakia has agreed to extend to Indonesia a credit of
$10. 5 million for the construction of a cement plant and for the pur-
chase of railroad cars and diesel generating equipment. The new
extension of credit was made under a protocol to the May 1956 line-
of-credit agreement, the. total value of which has now been announced
as $21 million.
On 27 August a contract was signed between a Soviet mission and
the Executive Council of the Syrian sector of the United Arab Republic
(URA) for the construction of a dam on the Euphrates River. The
project will be financed out of the Soviet line of credit of $150 million
that was extended to Syria in October 1957.
The Bulgarian-Tunisian trade agreement that expired on 31 July
has been renewed. The renewal calls for an increase of nearly 100
percent in the trade quotas on each side. Commodities to be exchanged
are similar to those of earlier agreements.
It was announced on 26 August that the Qizil Qala port project on
the Oxus River had been completed 4 months ahead of schedule. Qizil
Qala will be the northern terminus of the road linking Kabul with the
Oxus River and will be the principal Afghan river port on the transit
route to the USSR.
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CONTENTS
Page
I.
II.
Southeast Asia (Extension of Czechoslovak Industrial
Development Credit to Indonesia) . . . . . . . . .
Middle East and Africa . . . . . . . . . . . . . .
A. Completion of Soviet River Port Project
in Afghanistan . . . . . . . . . . . . . . .
1
B. Bloc Commercial Agreements with Tunisia . . .
2
C. Soviet Construction of Syrian Dam . . . . . ?
2
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