SENIOR INTERDEPARTMENTAL GROUP-INTERNATIONAL ECONOMIC POLICY AUGUST 3 1983 4:00 P.M. INDIAN TREATY ROOM AUGUST 3 1983 4:00 P.M. INDIAN TREATY ROOM

• Document Type: CREST
• Collection: General CIA Records
• Document Number (FOIA) /ESDN (CREST): CIA-RDP85M00364R000400560012-7
• Release Decision: RIPPUB
• Original Classification: C
• Document Page Count: 2
• Document Creation Date: December 21, 2016
• Document Release Date: May 8, 2008
• Sequence Number: 12
• Publication Date: August 3, 1983
• Content Type: REPORT

Approved For Release 2008/05/08: CIA-RDP85M00364R000400560012-7
CONF IDENTIAL
SENIOR INTERDEPARTMENTAL GROUP - INTERNATIONAL ECONOMIC POLICY
August 3, 1983
4:00 p.m.
Indian Treaty Room
Attendees:
Treasury
Secretary Regan
Beryl W. Sprinkel
Marc E. Leland
CIA
Henry Rowen
Office of the Vice President
Adm. Daniel J. MurphyT
G. Philip Hughes
State
Richard T. McCormack
Paul D. Wolfowitz
Interior
Secretary Watt
Agriculture
Secretary Block
Commerce
Secretary Baldrige
Lionel H. Olmer
OMB
David A. Stockman
Alton Keel
USTR
Ambassador William E. Brock
Dennis Whitfield
NSC
Norman Bailey, Executive Secretary
William Martin
CEA
Martin S. Feldstein
Paul Krugman
OPD
Roger Porter
GSA
Carroll Jones
FEMA
Louis O. Giuffrida
Agricultural Export Subsidies
The SIG had requested the Trade Policy Committee to prepare
a paper setting forth a policy on the use of subsidies for U.S.
agricultural exports. A draft policy statement was prepared and
submitted to the SIG-IEP for review and approval.
The paper identified a number of elements in the overall
strategy: to continue bilateral discussions with the EC and to
press for multilateral consultations in the GATT; to continue efforts
to modify domestic agricultural programs in a manner consistent with
foreign trade goals; to use export subsidies to discourage subsidized
competition in third country markets; and to consider counter-
measures to discourage foreign subsidized competition in U.S.
markets. Major interventions would be decided upon at a high level.
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Most participating members supported the study but OMB noted
that budgetary implications were missing. Those in favor noted
that these were the best guidelines that could be formulated and
it would give us added leverage in our future negotiations. The
Chairman noted that, with regard to blended credits, we should not
authorize more than needed or required by law and that any amount
in excess of $185 million would have to be approved by the SIG-IEP.
OMB still felt the paper was too open-ended and the group decided
to discuss the issue at a meeting in September.
MOU on Tin Disposals
A working group had slightly modified the MOU since the SIG's
last discussion. The revised text was being put before the SIG for
final approval. The SIG-IEP agreed to accept the MOU on tin dis-
posals with the condition that the covering aide memoire be made
part of the official document.
CONFIDENTIAL
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