SINO-SOVIET BLOC ECONOMIC ACTIVITIES IN UNDERDEVELOPED AREAS

• Document Type: CREST
• Collection: General CIA Records
• Document Number (FOIA) /ESDN (CREST): CIA-RDP92B01090R000700010096-5
• Release Decision: RIPPUB
• Original Classification: S
• Document Page Count: 5
• Document Creation Date: December 16, 2016
• Document Release Date: August 10, 2005
• Sequence Number: 96
• Publication Date: October 12, 1959
• Content Type: REPORT

Approved For Release 2005/08/22 : CIA-RDP92BO109OR00070096-5 396
Copy
SECRET
25X1
BIWEEKLY REPORT
SINO - SOVIET BLOC
ECONOMIC ACTIVITIES
IN UNDERDEVELOPED AREAS
EIC-WGR 1/96
12 October 1959
PREPARED BY THE WORKING GROUP
ON SINO-SOVIET BLOC ECONOMIC ACTIVITIES
IN UNDERDEVELOPED AREAS
25X1
SECRET
c ' OrT 1c,cC RECD V
Approved For Release 2005/08/22 : CIA-RDP92BO109OR000700010096-5
 Approved For Release 2005/08/22 : CIA-RDP92B01090R000700010096-5
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
Approved For Release 2005/08/22 : CIA-RDP92B01090R000700010096-5
 SECRET
Approved For Release 2005/08/22 : CIA-RDP92B01090R000700010096-5
Summa ry of Events
25 September - 8 October 1959
India and the USSR recently signed an agreement providing for the
construction of an oil refinery at Barauni in Bihar State to be financed
under a $25 million Soviet credit.
Burma appears to be increasingly dissatisfied with the hotel,
hospital, and technological ins titute being built by the USSR.
Communist China has strongly protested Indonesia's current cam-
paign to root out some 50, 000 pro-Communist Chinese traders in rural
areas of Indonesia by the end of 1959 and has hinted at the possibility of
economic sanctions against Indonesia.
Communist China, charging discrimination, has banned all direct
textile exports to the Federation of Malaya.
Soviet Bloc technicians, especially Czechoslovaks, are continuing
to arrive in Guinea. It is also reported that a polish national has been
appointed Director of Mines and that a Soviet mission has been chosen
to make a geographical survey of the country.
Cuba has announced the sale of 339, 900 tons of raw sugar to the
USSR. This sale brings the total amount of Cuban sugar purchased
thus far by the USSR during 1959 to 515, 000 tons.
Statistics recently made available indicate that the USSR was the
largest purchaser of Uruguayan products during 1958. Since the inau-
guration of Uruguay's new government in March 1959, however, official
Uruguayan opinion has been increasingly cool toward economic relations
with the USSR.
Approved For Release 2005/08/22 : CIA-RDP92B01090R000700010096-5
SECRET
 SECRET
Approved For Release 2005/08/22 : CIA-RDP92B01090R000700010096-5
Page
I. South Asia (New Soviet Credit of $25 Million for Indian
Oil Refinery) . . . . . . . . . . . . . . . . . . .
II. Southeast Asia
A. Burma's Mounting Dissatisfaction with Soviet
Construction Projects . . . . . . . . . . . . . 1
B. Economic Diplomacy of Communist China
in Indonesia . . . . . . . . . . . . . . . 2
C. Communist China's an on Textile Exports
to the Federation of Malaya 4
III. Middle East and Africa (Soviet Bloc Activities
in Guinea) . . . . . . . . . . . . . . . . . . . 5
IV. Latin America . . . . . . . . . . . . . . . . . . 6
A. Soviet Purchase of Cuban Sugar . . . . . . . . . 6
B. USSR as Uruguay's Leading Customer in 1958 . . 6
Approved For Release 2005/08/22 : CIA-RDP92B01090R000700010096-5
SECRET
 25X1 Approved For Release 2005/08/22 : CIA-RDP92BO109OR000700010096-5
Next 7 Page(s) In Document Exempt
Approved For Release 2005/08/22 : CIA-RDP92BO109OR000700010096-5