PROJECTS IN THE FIELD OF ECONOMIC INTELLIGENCE

• Document Type: CREST
• Collection: General CIA Records
• Document Number (FOIA) /ESDN (CREST): CIA-RDP64-00658A000100300005-0
• Release Decision: RIPPUB
• Original Classification: C
• Document Page Count: 2
• Document Creation Date: November 16, 2016
• Document Release Date: May 10, 2000
• Sequence Number: 5
• Content Type: MEMO

Approved For Release 2000/05/24 :MAIM
tral Intelligence
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CPS/CPNiks
SUBJ1CTI Projeots in the Pield of Reonomic Intelligence
1. About four months ago, three related projects were referred to t
Central Intelligence for CIG study and appropriate action. A summary of .
with action taken thereon, is as follows:
Director of
as projects,
25X1X a. Rommummumwro :
A memorandum on this subject, dated 7 November 1945, from Brig. General
25X1AMOIM===MIIIIIM1111111.0111.1
was furnished the Secretary, NIA, who in
larch of 1946 referred it to the. CentralPlanning Staff for action. The memorandum
enclosed a study then before the Army-Navy Munitions Board, revealing clearly the need 25X1X
for coordInsted action to collect, analyze and present in useful form data on the
?5X1X The matter was discussed with the Industrial College
rvices, tba Arx-Navy unitione Board, and the Joint Logistics Plans Com-
gistics Committee. It was agreed that the Joint Logistics Committee
request CIG to provide for the development of intelligence relating to
?5X1X and that the data developed would be
us r a s analyses. It is expected that this
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been
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nfl be forwarded to CIG in the near future. Meanwhile, further action has
n as outlined in paragraph 2$ below.
b. ?oreip Petroleum Developments:
andum of 2 April 1946 from Mr. MeCormack to the Director of Central
Intelligence reeommended that NIA initiate an interdepartmental program to produce
intelligence on foreign petroleum developmenta. This project was discussed with the
State Department, and further action has been taken as outlined in para. 2$ below.
Foreign induatriallatablishments: 25X1A
A memorandwe of 14 March 1946 Irom Mr. to the Director of Central
Intelligence recommended that NIA initiate an interdepartmental program to produce
intelligence on foreign industrial developments. This project was discussed at a
meeting sponsored by CIG and attended by representatives from State, Army, Navy, Air
and Commeroe. As a result of this meeting the Intelligence and Information Branches
CPS, prepared a proposed memorandum recommending that an inter-agency committee be,
established to: (a) Rvolve a plan whereby the resources available to the Government
would he pooled and coordinated to produce complete intelligence on foreign industrial
establishments; (b) Submit such plan to the Director of Central Intelligence; and (cc)
Become responsible for the execution and maintenance of the plan, upon its approval.
However, the memorandum was not forwarded since a more comprehensive action was taken,
as outlined in paragraph 2, below.
2. All three of the above projects were recognized as subsidiary to the broader
project of coordinating intelligence activities relating to economic intelligence) and
this in turn was recognised as a single subsidiary phase of the overall coordinating
program then under development. Thereforel two proposed actians leading to the
coordination of economic intelligence activities were included in the program sub-
mitted to the Director. The dates and subjects of these two actions were as follows:
a. 22 July, subjects Inter-Agency Committee for the Coordination of the
Collection of Itconomic Intelligence Information.
b. 23 July, subject: Inter-Agency Committee for the Coordination4c omic
ice Research.
3. It is recommended that the foregoing summary be referred to the Interdepart-
mentalCoordinating and Planning Staff for its information and guidance, and for such
further action as the Director may desire.
Approved For Release 2000/05/24: C
Acting Chief, Central Planning
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