ANNOUNCEMENTS (continued)

• Document Type: CREST
• Collection: General CIA Records
• Document Number (FOIA) /ESDN (CREST): CIA-RDP82-00283R000200140023-6
• Release Decision: RIFPUB
• Original Classification: S
• Document Page Count: 1
• Document Creation Date: December 9, 2016
• Document Release Date: September 24, 1998
• Sequence Number: 23
• Publication Date: May 15, 1958
• Content Type: REPORT

Approved. For Reljse 2001/03/05 :CIA-RDP R000200140023-6
ANNOUNCEMENTS (Continued)
will prepare a draft report summarizing the data and the conclusions which
might be drawn from the survey report. The draft summary report will
then be tabled for EIC consideration and suggestions,
3. The Chairman announced tlt the EIC, by interim action on
5 May 1958, concurred in the findings of the Subcommittee on General
Economic Analysis on the proposed extension of the CIA/ORR sponsored
external project on "European Satellite National Accounts". The Depart-
ment of the Navy representative requested. that Navy be recorded as having
"no comment".
4, The Chairman announced that the Army's proposal for an
updating of EIC -R -5, "The Economic Importance of the Resources of
Selected Areas to the US and Other Free World Countries" will be
taken up at an early EIC meeting, Agencies having an interest in., or
who would be expected to cont?ibute to such an updating have been re-
tin
EIC
g,
mee
quested to be prepared to discuss the proposal at the next
5; The Chairman announced that the statement of Priority
National Economic Intelligence Objectives (1.ini ex"B to DCID 1/3, dated
3 April 1958) had been concurred in by the Board of National Estimates,
but had not yet been considered by the IAC.
REVIEW OF ACTIVITIES OF SUBCOMMITTEE ON PETROLEUM-
6. Discussion: The Chairman of the Subcommittee, on Petroleum
SC's activities in the past and on plans for
th
i
e
ef y on
comments r
the future. This Subcommittee has met regularly (eight times this year),
with good attendance and representation from the member agencies.
Principal activities have included- Support for the exchange programs;
reed basic statistics, and preparation of reports on
of a
ti
g
on
prepara
Soviet peacetime military consumption of petroleum. In addition, the
Subcommittee prepared a contribution to the NIE 30-2-57, "Near East
Developments affecting US Interests" on Trends in Middle East Oil. A
subcommittee -sponsored study of the "Occurrence and Availability of
Helium in the USSR" is nearly ready for publication by CIA.
7, Action: The Subcommittee was commended for the usefulness
App0ov4deFc3F a 5420fiO0 : el5k~~ hat
current program. The Department oSta~e repr_ "e ~is
they had found the operation of this committee very gratifying.