CENTRAL INTELLIGENCE BULLETIN

• Document Type: CREST
• Collection: General CIA Records
• Document Number (FOIA) /ESDN (CREST): CIA-RDP79T00975A001500280001-4
• Release Decision: RIPPUB
• Original Classification: T
• Document Page Count: 6
• Document Creation Date: December 15, 2016
• Document Release Date: November 6, 2003
• Sequence Number: 1
• Publication Date: April 13, 1954
• Content Type: REPORT

2004/(t()99 SIEPURM70097
13 April 1954
Copy No.- 7~
& DIA REVIEWS
PLETED
CURRENT INTELLIGENCE BULLETIN
D495
OCUMENT NO.
NO CHANGE IN CLASS. U9'
tl DECLASSIFIED
CLASS. 3HA.NGED TO: TS S C
NEXT REVIEW DATE: . ,c U C1 4
AUTH: HR 7D-2
DATE: 1./ T_Y_ REVIEWER:
Office of Current Intelligence
CENTRAL INTELLIGENCE AGENCY
25X
4
~,/~ F R FT
04/0M ~AF-AGAA 09751
 25X1A
Approved For Re
SUMMARY
25X1
FAR EAST
1. South Korea places embargo on Japanese products (page 3).
SOUTHEAST ASIA
2. Dien Bien Phu position retaken by French will be difficult to hold
(page 3).
3.
WESTERN EUROPE
4. Monnet's tenure as CSC president seen threatened (page 5).
25X1A
Approved For Release 2004/01/16 : CIA-RDP79T00975A001500280001-4
 Approved Forr R
FAR EAST
25X1A
1.. South Korea places embargo on Japanese products
Korean officials assert that the primary reason is the need for freeing
the nation from economic dependence on Japan, but Briggs believes
that Rhee is also motivated by a belief that Japan is attempting to
influence the elections on 20 May.
South Korea, apparently on direct orders
from President Rhee, has imposed a vir-
tually complete embargo on imports from
Japan, according to Ambassador Briggs.
Restrictions were progressively applied
to expenditure of South Korea's own foreign exchange holdings during
March, and have now been extended to the use of American FOA funds
to pay for imports of Japanese cotton cloth.
Comment. Rhee may be testing the Ameri-
can reaction to a South Korean attempt to control the source of supply
of goods purchased with American funds.
Rhee's unilateral action violates basic
American legislation requiring that aid funds be spent in markets
where goods can be purchased most advantageously. It is further
contrary to an American-South Korean agreement providing for
joint consultation on use of South Korean foreign exchange holdings.
SOUTHEAST ASIA
25X1A
2. Dien Bien Phu position retaken by French will be difficult~to hold.
Dien Bien Phu position Eliane 1, which
the French retook on 10 April;, has been
the object of sharp attacks and counter-
attacks during the past two days (see map,
p. 4). At 1700 on 12 April, the French
still field the position, but the American army attache in Saigon be-
liev'es it will be difficult to hold indefinitely. Eliane 1 affords a
close-in view of most of the northern defense positions, but is dom-
inated by Dominique 2, which is held by the Viet Minh.
Approv PA Rele
se 2004/01/16: CIA-RDP79T00975A00
500280001-413 Apr 54
 25X1A
Approved For Rele 2004/01/16 : CIA-RDP79T00975A00`'hft0280001-4
Approved For Release 2004/01/16 : CIA-RDP79T00975AO01500280001-4
25X1A
 25X1
ApprovQ5X1AkeJ
I ndications that
the Chinese Communists are planning to supply the Viet Minh with
105mm recoilless rifles and with rocket launchers for use at Dien
Bien Phu.
25X1
WESTERN EUROPE
25X1A
25X1
Communit
4. Monnet's tenure as CSC president seen threatened:
Jean Monnet is "on his way out," as presi-
dent of the High Authority of the European
c
a onne is "completely opposed" by the French
government, and his capabilities are now being questioned by West
Germans. He added that Monnet has lost his former drive.
25X1A - 5 -
Approved For Rele
se 2004/01/16: CIA-RDP79T00975A00
50028000'. Apr 54
 Approved For Rel ase 2004/01/16 : CIA-RDP79T00975A00 0280001-4
Comment: The High Authority president
is selected by the six CSC member governments for a two-year term.
Although opposition to Monnet's policies has increased somewhat in
recent months, his chances for re-election this summer ;still appear
good.
Monnet, who has in large part been per-
sonally responsible for the achievements of the CSC thus far, is cur-
rently in Washington negotiating for a substantial loan to the community.
25X1A
Approved For R 1 ease - 00280001-4
113 Apr 54