ANNUAL REPORT OF THE ECONOMIC DEFENSE SUBCOMMITTEE (EDSC) FOR FISCAL YEAR 1961

• Document Type: CREST
• Collection: General CIA Records
• Document Number (FOIA) /ESDN (CREST): CIA-RDP82-00283R000200170009-9
• Release Decision: RIPPUB
• Original Classification: S
• Document Page Count: 1
• Document Creation Date: December 20, 2016
• Document Release Date: September 24, 1998
• Sequence Number: 9
• Publication Date: June 1, 1961
• Content Type: PERRPT

Approved For Release 2
- R D P82-00283 R 000200170009-9
2110RANI)UM FQR; The Executive Seercta y, ElC
; Tk=T- Annual. Lteport of tne: zuunorm1.' Defense 6utcommlT_;uee
r. WC) for eisrat Year 196:L
RE E< EXC.-1)- 79, b Jurie 1ybl
A. Activities of the .uftbcammittee Azr the klecai leax
1. 11,1 e Subcommittee net only once during. P'iscai rear :1961. The
meeting was held to approve the Anrsu a Report of the LUX :for Fiscal
Year 1960 and to discuss the future activities ot the Sub:~onmit et:.
2. Because intelligence support and coorda.nat ion of a ti ci:iige ice
pertaining to economic defense is carried on within world ng groups ,_3i
yhe EDAC/AC..' structure and to some degree within other sheommit ees
of the BIC, the need for the Subconma: ttee on Economic Defense aw-i et
medium for interagency review and coordination is cxtreme.Ly .Lirniwr: ..
Me Subcommittee has, however, recei-'ed a request from ML.)AL Wcrtir:;
Group No. I to prepare a research report on the .it.rategic i ri} act of
the international embargo program on the aino-Sov let Bloc. This > t41y
is currently underway. In addition, the Subcon ttee secre.i:.sri.at wins
been investigating the need for compiling a. list: of p.r1o: r;lty research
deficiencies in the field of general economic defense matt: er
3. As to the "minimum" functions required of an BIC Suocommittee,
most have little or no applicability to the EDSC.
B. Future Program of the Subcommittee
With the exception of the activities describrod in A.2. above, there
is little prospect that the Subcommittee will be more active in Fiscal
Year 1962 than in past years. Nevertheless, it is recommended that the
Subcommittee remain in existence, though virtually inactive, in order
to provide a coordinating mechanism for such occasional requests ac
the study on the strategic impact described above.
25X1
Approved For Release 2007/03/03: CIA-RDP82-00283R000200170009-9