MEMO TO DEPUTY DIRECTOR FOR INTELLIGENCE FROM WILLIAM J. CASEY

• Document Type: CREST
• Collection: General CIA Records
• Document Number (FOIA) /ESDN (CREST): CIA-RDP83M00914R001900230125-3
• Release Decision: RIPPUB
• Original Classification: S
• Document Page Count: 4
• Document Creation Date: December 20, 2016
• Sequence Number: 125
• Content Type: MEMO

 Approved For Release 20{37/05A19f CuA-ROP83M00914R001900230125-3
14 July 1982
MEMORANDUM FOR: Deputy Director for Intelligence
FROM: Director of Central Intelligence
1. I have been suggesting the need for analysis of where there is
economic opportunity and geopolitical leverage in exploiting the failure
of Communist economics and demonstrating the benefit of economic cooperation
with the West and market-oriented economics. My suggestions may have emerged
in a scheduled estimate on which is the action officer. It is 25X1
titled, "The USSR and the Third or scheduled for the third quarter.
I don't think that's quite what I'm looking for.
2. I attach an item from this morning's State Department sheet which
brought this thing to my mind, i.e., India's conversion to the belief that
its economic problems "can best be solved by the private rather than the
public sector and that the US is the best source for this approach." Also,
Henry Kissinger's piece in the 28 June New Republic, in addition to being
quite a recantation, has this to say:
"If the industrial democracies which to subsidize their exports
by easy credit or pricing policies, the creative aura for such efforts
is not in the Communist countries but in the third world--especially
among its moderate, market-oriented governments."
Also, in my talk to the Commonwealth Club of California, I had this to say:
"Many Third World countries have tried the Communist model and
discovered that it doesn't work. The Soviets have been kicked out
of Egypt, Sudan and Somalia. But to hold their people, leaders in
these harassed countries needed to show that ties with the West do
yield economic benefits. Even a modest Western presence enhancing
their trade and production and creating some jobs is all that they
need to point to. Here the American private sector can play a far
more significant role than government aid. What is needed in the
Third World is not steel mills and power plants but entrepreneurial
activity suited to the prevailing level of economic opportunity.
That's the vision which. President Reagan projected at the Cancun
Summit."
3. I think we need an intelligence assessment of those countries that
have strategic significance to get American business involvement, where loans
for private sector development could provide opportunity.. for business facilities
and energies now depend on subsidized loans to the Soviet Bloc, where the Cancun
vision might be implemented, etc.ti AID has a new unit which is targetted to ten
;SECRET
Anoroved For- Re.lease2007/05116 CIA-RDP83MOO914ROO1900230125-3
 Approved For Release 2007/0g1 BETA-RDP83M00914R001900230125-3
countries in which they are making an effort to involve American businesses.
It is administered by Mrs. Elise R. W. duPont, who came over here and had
lunch with me and will send this on to you now and try to dig 25X1
out some material and memoranda on this subject that I recall dictating at
that time.
William J. Casey
2
ISECRET
roved. For-Release 2007/05/16: CIA-RDP83MOO914R001900230125-3
 Approved For Release 2007/05/16: CIA-RDP83M00914R001900230125-3
Q
Approved For Release 2007/05/16: CIA-RDP83M00914R001900230125-3