ECONOMIC DEFENSE POLICY REVIEW

• Document Type: CREST
• Collection: General CIA Records
• Document Number (FOIA) /ESDN (CREST): CIA-RDP64-00014A000100130016-1
• Release Decision: RIFPUB
• Original Classification: S
• Document Page Count: 2
• Document Creation Date: December 9, 2016
• Document Release Date: January 26, 1999
• Sequence Number: 16
• Publication Date: August 3, 1956
• Content Type: MEMO

Approved For Release 2000/08/23 CIA-RRDP64-00014A000100130016-1
Proms Chairman, FJ)AC
Subjects Economic Defense'Policyleview
A meeting of the Economic Defense Advisory Committee will be
called soon, by separate action, for the purpose of approving a work program
and schedule to accomplish the assignment under reference.
At that meeting, it is requested that members be prepared to express
their views on the following draft proposal and, if desired, to offer substitute
proposals at that time.
The Chair suggests the following assignmentes
1. That Working Group I prepare by 20 August an agreed concise
;4ummary report of current world developments in the field of trade controls
embracing the period July 1955 throe .August 1, 1956.
2. That Working Group.t'?prepare by 20 August an agreed concise
summary report of current world developments in the field of application and
enforcement embracing the period July 1955 through August 1, 1956.
3. That Working Group III prepare by 30 August a concise summary
report of Soviet economic activities in the free world which have a direct
references CFEP Assignment'(inutes of July 31 Heating
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SECRET
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relationship to economic defense policy. The Working Group is instructed to
use the draft or final interagency report being prepared for the CFEP as its
sole reference.
4. That the Executive Committee simultaneously review current
policy documents and draft an appropriate recommendation for a.new,polcy?
statement and submit it for EDAC review as soon as practicable. It shall be
understood that the Executive Committee will be required to include the separate
views of each of the regular Executive Committee members wherever agreement is
not reached, with the understanding that agency positions will be taken subse-
quently at the EDAC level.
When the Executive Committee has completed the assignment set
forth in 1t above, it shall determine whether or not a separate,study is necessary
to meet the requirements of paragraph(Li)of the CFEP minutes (policy changes
necessary provided CFEP should later determine the circumstances which require
further relaxation).
6. After drafting a new policy statement, the Executive Committee
will proceed to draft a transmittal memorandum, to the CPEP summarizing the
conclusions drawn from the working group summaries of current developments,
which are reflected as changes in the new draft policy statement.
7. The Executive Committee is requested to draft a biweekly
progress report for transmission by the Chairman to the CFEP on all of the
matters, set forth-above.
Distributions
ED L s t Parts I and II
Approved For Release 2000/08/23 : CIA-RDP64-00014AO00100130016-1