ANNUAL REPORT OF THE EIC SUBCOMMITTEE ON INDUSTRIAL MACHINERY AND EQUIPMENT FISCAL YEAR 1965

• Document Type: CREST
• Collection: General CIA Records
• Document Number (FOIA) /ESDN (CREST): CIA-RDP82-00283R000200050006-5
• Release Decision: RIFPUB
• Original Classification: S
• Document Page Count: 1
• Document Creation Date: November 9, 2016
• Document Release Date: July 21, 1998
• Sequence Number: 6
• Publication Date: January 1, 1965
• Content Type: PERRPT

Approved For Ruse 1999/09/08 : CIA-RDP82-OONWR000200050006-5
AMML REORT OF M EEC SU800i UTM
ON IN='JAL MACHINES An EwZ H T
FISCAL YEAR 1965
A. Activities of the Subcommittee During Pineal Year 1965
The Industrial Machinery and Equipment Subcommittee held no formed
meetings during Fiscal Year 1965.
B. Evaluation of the Role of the Subcommittee
In recent years the CIA has done an increasing share of the economic
-rtelligence research performed by the Community on the civilian machinery
industries en on t routineimattersesuch been
for s
foSubcommittee action
and the review of substantive reports.
C. Future Programs of the Subcommittee
The major justification for the continuing existence of the Sub-
committee has been maintaining the potential for inter-Agency action
it the need arose. Experience has shown, however, that such inter Agency
coordination can be just as effectively handled outside the B IC sstrucctture.
For example, the US machine Tool Exchange, initiated in 1959-60 by
was re-initiated and realized in 1965 through the efforts
of an inter-Agency working group outside the EEC.
Recently the Department of Defense has proposed that this Subcommittee,
among others, be abolished. The Subcommittee Chairman believes that a
realistic appraisal of current responsibilities for economic intelligence
on industrial machinery within the Community strcwngly suggests that the
Subcommittee has outlived its usefulness.
Approved For Release 1999/09/08 : CIA-RDP82-00283R000200050006-5