ECONOMIC - FOREIGN TRADE

Document Type: 
Collection: 
Document Number (FOIA) /ESDN (CREST): 
CIA-RDP80-00809A000600140047-5
Release Decision: 
RIPPUB
Original Classification: 
S
Document Page Count: 
3
Document Creation Date: 
December 22, 2016
Document Release Date: 
June 13, 2011
Sequence Number: 
47
Case Number: 
Publication Date: 
May 18, 1950
Content Type: 
REPORT
File: 
AttachmentSize
PDF icon CIA-RDP80-00809A000600140047-5.pdf220.93 KB
Body: 
CENTRAL INTELLIGENCE AGENCY CLASSIFICC'1'"""ON REPORT SUBJECT Economic - Foreign trade 0"a . C. 11 ARM .T. Al ?111611.. I1. T.A1N1119.0 01 11/ 11114TTTOM 01 ITT CORY111{ IM A11 1.1111 TO AN y1A1TOC1111O /11'.01 It 110? 1117210 11 TAW. 111 91~0CTT01 01 Y111 FORM I. N011W110. T110 OOCOMMM7 CONTAINS G1II NIATlo! w1CC1Ye lug NATOOf4. "uses OI T11 011211 11.210 W41111 192 0001100 07 10110/A.1 ACT N DATE OF INFORMATION 1949 DATE DIST. , 1950 NO. OF PAGES 3 SUPPLEMENT TO REPORT NO. THIS IS UNEVALUATED INFORMATION FOREIGN TRADE DE'ESAPMBRfS IN RUMANIA Sanitized Copy Approved for Release 2011/06/14: CIA-RDP80-00809A000600140047-5 Around the end of September the Soviet ship Michurin arrived in Constants from Odessa with a great quantity of barytes. In accordance with the commer- cial agreement between Rumania and the Soviet Union, the Soviet ship Ural de- livered at Constants 22 cases of steel parts, 488 packages of cork bark weigh- ing 35,000 kilograms, 3,051 packages of caoutchouc weighing 345,932 kilograms, one case of lathes, and 400,000 kilograms of raw caoutchouc in 3,534 packages. Steamships have also arrived in Constanta with Soviet cotton. Soviet threshers and tractors, in addition to 7-ton trucks and raw materials such as copper, tin, ferromanganese, tool steel, and graphite electrodes have arrived in Galati. The USSR has also delivered 28,000 telegraph cables, 150 4-ton trucks, a large number of chasois, sad many 7-ton IAS trucks. Centrofarm, the pharmaceutical center, received from the USSR a large quantity of medical, dental, and laboratory tools and equipment,.in addition to thermometers and instruments for blood analysis for the Rumanian sanitation institute. RATA, the automotive transport administration, imported from the Soviet Union 5 tons of spare parts and maintenance parts for ZIS automobiles, which al- so come from the USSR. These parts were primarily motors, pistons, etc, and will assure continued highway transportation within Rumania. .As a result of the trade agreement, 13-ton and 7-ton trucks, ZIS 110, Victoria, and Noskvich auto- mebiles; (!as 67 machines, motorcycles, bicycles, and rubber automobile tires have also been delivered fru.i thoSoviet Union. Toward the eri of 1949 the Metalimport state company will be dissolved. Each part of that company is to become an independent import organization. Ten to 12 state companies are being planned. As these companies are organized the .sldustrial centers which have existed-so far will be abolished, such as CIS, CIMP the leatherworking industry center, chemical industry center, food industry center, etc. STATE RA% ARMY AIR HSRS FBI Sanitized Copy Approved for Release 2011/06/14: CIA-RDP80-00809A000600140047-5 50X1-HUM I 50X1-HUM 50X1-HUM 9A000600140047-5 Sanitized Copy Approved for Release 2011/06/14: CIA-RDP80-0080 SECIE 50X1-HUM Commercial and political negotiations with Czechoslovakia, Hungary, and Po- land are being prepared for 0ctobe~. Under a commercial agreement with Israel Rumania is to send that country wood, meat, and chemicals. Payments will be made as follows: 65 percent in effective dollars and 35 percent In goods. The trade balance as of 30 September 1949 is not favorable to Rumania. That country owes 18 million dollars, or 900,000,000 crowns to Czechoslovakia, Hungary and Poland. According to Rumanian information, Czechoslovakia alone is owed 10 million dollars. The devaluation of the pound sterling did not come unexpectedly for Rumania. The state companies had tried to do their business in the sterling area in dollars and thus to reduce their sterling balances. Wood, for instance, was sold to Egypt for dollars. At the sane time Rumania tried to get rid of pounds by buying goods for them before devaluation, so that at the time of the actual devaluation only a sma.l amount of sterling was held by the Rumanian National Bank. Of the total quantity of 1,900 tons of Poldi steel, Rumania has ordered so far 1,560 tons, This is in connection with the reorganization of Rumanian in- drtry. English competition is noticeable in this field. The English steel mills can offer goods as much as 50 percent cheaper, and can give better delivery dates. It appears that some orders have already been placed. Rumania makes payment in pounds earned by exports of wood and petroleum derivatives. An arrangement has been made for 4,000 to 6,000 tons of zinc concentrates at a price of 77 dollars per ton. The Podbrezova ironworks have received 100 tons of zinc. The Czechoslo- vak metallurgical pl&mts delivered 2,200 tons of goods '.a Rumania during October. Poland is re-exporting goods to Rumania. It is delivering, among other things, refined eteel from Au3tria and sulfur from Soviet Zone Germany. Of the 1,000 tons of zinc that Rumania was to send to Czechoslovakia during 1949, only 450 tons were sent; of 2,000 tons of lead, only 500 tons, and of 200,000 cubic :peters of sawn timber only 94,000 cubic meters were delivered. No horsehair, animal hair, or bristles were delivered at all. These are the most important items of the trade agreement which Rumania did not deliver to Czechoslovakia. All ef- forts to change this situation are useless. not needed at all in Czechoslovakia, but were bought for political reasons, just as meat was bought with heavy machinery from Poldi and Ferromet. Czechoslovak com- .:ercial relations with Rumania are conducted for political rather than economic According to the latest reports, clearing between Czechoslovakia and Rumania will. be done in rubles. by railroad, and 19,300 by ship; 5,009 tons of oats had been sent by railroad, and 4,481 tons by ship; 11,020 tons of scrap, 2,419 tons of beef, and 1,672 tons of pork had also been sent, Steel requirements in Rumania are mostly covered by the commercial agreement with Czechoslovakia, which envisions imports of 6,000 tons of various types of These total about 2,000 tons, of which about 30 tans is high-speed steely and the remainder is construction and tool steel. About 5 tons of sheets of hard metal are to be imported from the Soviet Union. - 2 - SEC!ET Sanitized Copy Approved for Release 2011/06/14: CIA-RDP80-00809A000600140047-5 ~,~i,"7 ''swa,~~,~ ... ~.. J .~.._ ~r.~-+.?n+~Y -?aY;v ~i- ~,-? r n te- r 'F .,,;r `3^ C + ------ - The commercial agreement being negotiated with Poland is to include about 1,000 tons of steel. It =appears, however, that this will come from the Austrian steel which Polard. will give up in favor of Rumania. Orders for about 100 tong of steel have been placed in Bngland. Of this, about 15 tons of high-speed steel will be allotted to the Rumanian State Railroads and various industries. About 50 or 60 tons of high-speed steel and tools have been ordered for the Copes Mica ,si Cugifactories. Appi ximately another 10 tons have been ordered for other factories. As of February 1949, the Rumanian market was very short of high-("ality steel. Supplies within the country were very low. Two carloads of steel had been received shortly before from Kladno, but this was insufficient to cover cur- rent needs. Domestic production of special steels is insignificant. The following table gives the values of various goods in the 1949 import plan of the Rumanian Ministry of Industry. Planing machines Ylechani~.al hammers Milling machines Grinders Mechanical saws Tempering furnaces Mine dribs Compressors Various pumps Hydraulic eccentric presses Machines for processing sheet metal Spare parts Spare parts for hosiery machines Spare parts for shoemaking Spare parts for paper industry Cobalt glass and goggles for welding Turbines for electric power plantn Drawn steel tubes, J-2 inches, black and galvanized, 2,500 tons Drawn iron tubing One lathe, 2,000 mm by 700 mm high Parallel lathe, 14,000 mm by 1,000 mm high Special tool steel 600 270 540 1,000 70 5C 135 300 220 360 1,340 380 150 250 6 750 550 6,060 108 156 3,500 SECRET Sanitized Copy Approved for Release 2011/06/14: CIA-RDP80-00809A000600140047-5 50X1 -HUM