THE SOVIET COURTSHIP OF INDIA

• Document Type: CREST
• Collection: General CIA Records
• Document Number (FOIA) /ESDN (CREST): CIA-RDP79R00890A000600060052-8
• Release Decision: RIPPUB
• Original Classification: T
• Document Page Count: 4
• Document Creation Date: December 14, 2016
• Document Release Date: March 12, 2003
• Sequence Number: 52
• Publication Date: November 9, 1955
• Content Type: BRIEF

Approved For Release 2003/03/28 : CIA-RDP79R0089OA000600060052-8
-'"` LEFII~~
THE SOVIET
COC1`RTSW * O XMDT~1 .'
In a major. Comsuni $ i 6 , 0
belt of. needynat ioaa#
million peo le +, e
South As a-ap Wren `
population--India-
most immediate tlrt?
d
1. USSR ssten ing
In terms of sons
Irer,t n..
p~itic? a of *9-?4"
India is :rdeeivirig`
lion's share o Soviet largro s
over $100
interest.
X111 ion, on easy terns , ' law
B. The steel mi].1...eWai fd@f . tea. ~??~,.?
^ A4t for about
QQS million worth .:of: egUtP enc
payable in either
goods in 12.equal
CLASS. CHANGED TO: TS S C
NEXT REV=EW DATE: -.-
21 percent.
NO CHANGE IN CLASS. ^
]W- DECLASSIFIED
Indian
,R:. 1953
currency or,
installments at
25X1
Approved For Release 2003/03/28 : CIA-RDP79R0089OA000600060052-8
 Approved For Release 2003/03/28 : CIA-RDP79R0089OA000600060052-8
Koscos.*lso contracting with Iudi* to
tur~j,h techai+ Nat ~4 : s c honey to
4*014*
for ai,~ ,oa
mLd
1tw .' .piste $,t 1 y ''';
tttli
s1. Worth: not j. loci &as{ nA
d #tid~s w .en .t i i eds '
:o rc, for
). Bloc also negot."tiiig with; India an
cements' plant, dried. Wilk-. plant, aausti
dodg. plant, coking plant, zinc. smelter,
exp.oaves plant,
and
?ugar ali.
several power , plants,
Sulganin-Kbrushchev visit 'b6ginAing
P. Soviet trade with India in 1954 double
that in 1953 and still rising.
some dramatic offer; possibiy'aid on
India's five-year plan.
18 November widely expected, to result in;.
Approved For Release 2003/03/28 : CIA-RDP79R0089OA000600060052-8
 Approved For Release 2003/03/28 : CIA-RDP79R0089OA000600060052-8
India=*. *. ha e'k w - been generally
will n ' rdO l w th atoc, but duly.
~lcrvie#
25X1
..,,. ovtet' afters *n b e India and other
soft currency natiouB to conserve
scarce foreign exchange
1. Soviets build up credits. in these
currencies.
Approved For Release 2003/03/28 : CIA-RDP79R0089OA000600060052-8
 *pproved-For Release 2003/03/28: CIA-RDP79R0089OA000600060052-8
Such credits in local currencies can
be used as chests by Soviets to -tinanc~
any activity within country they might
Approved For Release 2003/03/28 : CIA-RDP79R0089OA000600060052-8