CENTRAL INTELLIGENCE BULLETIN
Document Type:
Collection:
Document Number (FOIA) /ESDN (CREST):
CIA-RDP79T00975A025200060001-5
Release Decision:
RIPPUB
Original Classification:
T
Document Page Count:
9
Document Creation Date:
December 15, 2016
Document Release Date:
October 7, 2003
Sequence Number:
1
Case Number:
Publication Date:
September 8, 1973
Content Type:
REPORT
File:
Attachment | Size |
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CIA-RDP79T00975A025200060001-5.pdf | 155.24 KB |
Body:
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Central Intelligence Bulletin
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8 September 1973
IA-RDP79T00975A025200060001-5
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8 September 19/3
Central Intelligence Bulletin
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SUDAN: Government actions split leadership of
striking railway workers. (Page 3)
INDIA: Government extends its control over private
foreign businesses. (Page 4)
INDONESIA: Hike in price of Indonesian crude oil
will affect Japan. (Page 5)
FOR THE RECORD: (Page 6)
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SUDAN: The potentially crippling strike of the
Railway Workers Union, is thus far less than complete.
Government efforts, including the arrests of some
union officials and the army's occupation of rail
workshops, split the union leadership. Several pro-
government union officials called for an end to the
strike yesterday, and, some trains are moving essen-
tial supplies. Meanwhile, President Numayri is con-
sidering his next moves to ease the crisis; he is
expected to address the nation today. For now, the
capital is quiet with the army continuing to man
strategic positions. Anti-government elements, how-
ever, are almost certainly lookin for further oppor-
tunities for disruptive actions.
8 Sep 73
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INDIA: The Indian Parliament has enacted new
regulations giving the government wide discretion-
ary powers to control private foreign businesses.
The principal new regulations restrict foreign
equity to no more than 40 percent, prohibit exclu-
sive distributorships selling foreign products, and
restrict the use of foreign brand names. The gov-
ernment is committed to reducing dependence on for-
eign firms.
New Delhi is serious about curbing all foreign
investment except that which earns foreign exchange
through exports or obtains needed foreign technology.
Government officials have stated that, under the new
law, commercial and manufacturing firms will be ad-
vised either to convert to at least 60 percent In-
dian equity or to diversify into the export sector.
Commercial companies represent only a small
fraction of US investment. A number of US firms--
including Coca Cola, Colgate Palmolive, and several
pharmaceutical firms-.-are manufacturers of products
that do not have high priority and they will be hard
hit by the new law. Major US investment in India
is concentrated in the priority category of petro-
leum refining which will be exempt from controls on
equity dilution. This industry, however, has al-
ready been subjected to government regulations that
squeeze profits and restrict marketing operations.
8 Sep 73 Central Intelligence Bulletin
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INDONESIA: The export price of Indonesian
crude oil will be raised substantially, in line with
recent price hikes by other oil exporting countries.
Beginning on 1 October buyers will pay a minimum of
$4.75 per barrel, an increase of more than 25 percent
from the current price of $3.73 per barrel. Almost
three fourths of Indonesia's crude oil production of
roughly 1.3 million barrels per day is shipped to
Japan, and accounts for 15 percent of Japan's total
imports of crude oil. With the price increase in
effect, Japan's 1973 import bill for crude petroleum
probably will exceed $5 billion.
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FOR THE RECORD*
Ecuador: An official delegation headed by
Air Force Chief Izurieta is concluding an arms-
purchasing trip to the USSR and Britain. The Ecua-
doreans apparently are determined to acquire so-
phisticated jet fighters that cannot be acquired
from the United States because of restrictions on
sales to Ecuador.
*These items were prepared by CIA without eonsuZta-
tion with the Departments of State and Defense.
8 Sep 73 Central Intelligence Bulletin 6
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