CENTRAL INTELLIGENCE BULLETIN

Document Type: 
Collection: 
Document Number (FOIA) /ESDN (CREST): 
CIA-RDP79T00975A016900110001-2
Release Decision: 
RIPPUB
Original Classification: 
T
Document Page Count: 
9
Document Creation Date: 
December 14, 2016
Document Release Date: 
June 6, 2003
Sequence Number: 
1
Case Number: 
Publication Date: 
August 19, 1970
Content Type: 
REPORT
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PDF icon CIA-RDP79T00975A016900110001-2.pdf215.32 KB
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Approved For Release 2003/06/24: CIA-RDP79T00975A0169 Sc Mt-2 25X1 DIRECTORATE OF INTELLIGENCE Central Intelligence Bulletin Secret 19 August 1970 Approved For Release 2003/06/24: CIA-RDP79T00975A016900110001-2 25X1 Approved For Release 2003/06/24: CIA-RDP79T00975AO16900110001-2 Approved For Release 2003/06/24: CIA-RDP79T00975AO16900110001-2 Approved For Release 2003/RDP79T00975A016900110001-2 No. 0198/70 19 August 1970 Central Intelligence Bulletin CONTENTS East Germany - USSR: The two countries have agreed to ncrease trade to $24 billion during 1971-75. (Page 1) USSR-Bolivia: Several recent economic agreements have been signed in Moscow. (Page 2) GGuuyannaa: Prime Minister Burnham has reaffirmed his p to seek greater control of the economy. (Page 3) Communist China - Cambodia: Aid to Sihanouk Page 25X1 Bolivia: Student election (Page 5) SECRET Approved For Release 2003/06/24: CIA-RDP79T00975A016900110001-2 Approved For Release 2003/06/ ek-R&79T00975A016900110001-2 East Germany - USSR: The two countries--each the other's principal trade partner--have agreed to increase trade to $24 billion during 1971-75. This represents a 55-percent increase over the current five-year period. The East Germans report- edly had been pushing for an even larger increase, but probably will not be disappointed with the re- spectable annual growth rate of more than ten percent. This would not, however, prohibit a gradual increase in the share of East Germany's trade with the indus- trial west. The agreement apparently represents some compro- mises. Pankow's agreement to expand deliveries of consumer goods apparently was a trade-off for Moscow's acceptance of more machinery and equipment, including electronics equipment that East Germany has been anx- ious for the USSR to purchase. Machinery and equip- ment deliveries will almost double during the coming five-year period to about $11 billion. For their part, the Germans apparently agreed to provide the USSR with investment funds for the exploi- tation of raw materials in the Soviet Union in ex- change for promises of a considerable increase in the volume of raw materials deliveries, particularly petro- leum and natural gas. The Soviet Union has been press- ing its European allies for investments for raw mate- rial exploitation, which Moscow claims costs more than sales of such materials earn. 19 Aug 70 Central Intelligence Bulletin SECRET 25X1 Approved For Release 2003/06/24: CIA-RDP79T00975AO16900110001-2 Approved For Release 2003/Olt-`CtA-RDP79T00975A016900110001-2 USSR-Bolivia: Several recent agreements signed in Moscow will open the way for expanded economic rela- tions. The USSR extended a $27.5-million credit to Bolivia for the purchase of Soviet mining and metal- lurgical machinery, according to an announcement by the Bolivian Embassy in Moscow. The credit, the first extended to Bolivia by Moscow, reportedly is to be re- paid in hard currency over ten years at an annual interest rate of three percent. In addition, the two countries signed a trade agreement and a protocol that provided for the establishment of trade representatives in both capitals. Arrangements also are being worked out for the provision of Soviet technicians to assist in the de- velopment of Bolivia's tin industry. This aid probably is part of a wider program of technical exchanges en- visaged under the scientific and technical cooperation agreement signed earlier this year. Bolivia already has begun to implement its first commercial agreement with Moscow. Signed in June, it calls for the export of 3,200 tons of Bolivian tin and tin concentrates in 1970-71 for some $8 million in hard currency. Another agreement for future deliveries is expected to be reached in 1971. 19 Aug 70 Central Intelligence Bulletin SECRET 25X1 Approved For Release 2003/06/24: CIA-RDP79T00975AO16900110001-2 Approved For Release 2003 E(ERDP79T00975A016900110001-2 Guyana: Prime Minister Burnham has reaffirmed his plan to seek greater government control of the economy. On 15 August Burnham announced the government's intent to begin negotiations with large Canadian-, and US-owned companies. He made no immediate specific demands, but said that his objective is to have the government or local cooperatives acquire at least 51-percent control. Bauxite is the largest export industry in Guyana, accounting for nearly half of the country's export earnings. Burnham also announced that the recently estab- lished External Trade Board--originally organized to control imports only from Communist countries--will actually control all imports. This will give the government an efgective instrument for setting prices on all imports. 19 Aug 70 Central Intelligence Bulletin 3 SECRET Approved For Release 2003/06/24: CIA-RDP79T00975A016900110001-2 Approved For Release 2003/06f*1P79T00975A016900110001-2 NOTES Communist China - Cambodia: The military aid agreement signe i-n Pe ing on 7 August is meant to underline continuing Chinese support for Sihan- ouk's government-in-exile as well as to.enhance his stature as a viable partner with Hanoi in the Indo- china conflict. The announcement of the.signing provided no. details, and there are no indications that the military aid will amount to anything more than small arms and ammunition to pro-Sihanouk forces in Cambodia. The Chinese provided military assistance to Sihanouk before he was overthrown, and he has continued to receive financial and material aid from them. The announcement, which also contained the first public reference to a loan agreement signed in May, does not signal any change from Peking's policy of avoiding direct mil- itary involvement in Indochina. (continued) 19 Aug 70 Central Intelligence Bulletin 4 SECRET Approved For Release 2003/06/24: CIA-RDP79T00 - Approved For Release 2003/06$HP79T00975A016900110001-2 Bolivia: Elections at the university in La Paz have resulted in a victory for the extreme leftist slate. Last month President Ovando agreed to the elections as part of an agreement to end the violent conflict between student factions. Rightist students had ousted the leftist "revolu- tionary council" and occupied the main university building. Moderates on the commission appointed to oversee the elections resigned before the vote because the moderate faculty members, who were expelled in April when leftists first seized con- trol of the university, were not allowed to partic- ipate in the elections. The exclusion of these faculty members contributed to the leftist victory. 19 Aug 70 Central Intelligence Bulletin SECRET Approved For Release 2003/06/24: CIA-RDP79T00975A016900110001-2 SecrMrroved For Release 2003/06/24: CIA-RDP79T00975AO16900110001-2 Secret Approved For Release 200 / - -