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Document Creation Date: 
December 9, 2016
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February 14, 2000
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November 1, 1975
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C~I, \~~Y~ ~~ ~~~._ ~~~~ ~ ^rr~ V.~~/ 1 ,.,,~~ Y' V ' h?.. jr?, ~ ~J~ ~.,P +.. Corrfim. Aid 8' Trade Act; less ;Devil. Count, Se~.'~,19?5 ' ' ~R RP Approved For Release 2000/09/14 :CIA-RDP86T00608R0005 0230030-0 Secret NUI~UHN (5cr (nalrlr~ rncrvJ Corrc~r~u~~ur Aicl crn~~ Tr~idc~ ~clivitic.r iii Derr Dc~>>clopr~f Cvui~tric;r, Si~lc'>~hcr 197 Secret, ER RP 75-31 November 1975 Approved For Release 2000/09/14 :CIA-RDP86T00608R0005~8~i003~a0 492 Approved For Release 2000/09/14 :CIA-RDP86T00608R000500230030-0 NATIONAL SECURITY INFORfNATION Unauthorized Disclosure Subject to Criminal Sanctions DISSEMINATION CG~dTROI AUBREVIA'i IONS NOFORN- Not Roloasallle to Foreign Nationals NOCONTRACT?- Not Reloasaulo to Contractors or Contractor/Consultants PROPIN ? Caution-Proprietary Information Involvad U5130NLY USIb Departments Only ORCON- Dissemination and Extraction of Infor- mation Controlled by Originator REL -- This Information has boon Authorized for Release to . Classified by 01319 Enempr from General peclassificalian Schedule of E.O. 116SY, eeampllon rale0oryi y30(1), (2), and (~) Aulmnmicallr dorlacsified on: dale inrp~subls to delermins Approved For Release 2000/09/14 :CIA-RDP86T00608R000500230030-0 Approved For Release 2000/09/14 : ~r~d~~RDP86T00608R000500230030-0 N~l~'or. n CUN'1'IsN'I'S ANU SUMMARY U1.~ I.VI;N'l'S ~SCptCrnbeC' 11)70)) Ili[;f~ligllts ? Libya become the second LUC to receive the Soviet 'I'U-22 rnediurn-range bomber. ? The USSR pledged $18 million in new credits for housing in Iron. ? L'hinrz declined to pnrticipute in the long-discussed $3G5 rnil.lion Manuntrzli Durn in Mtzli. ? Peking has renewed r; $5U rnil!,ion development credit to Chile. ? 'Cambia began shippirl; copper over the recently completed Cf~inese-built Tun-Gam Iauilroud. First Zambian Coppor Shipme~zts on the 'I'an-Zam Kailroad 1 Assesses the just completed Chinese-built 'I'an-Znrn Railroad. Soviet Aid to LDC Oil and Gas Industries 4 Examines Soviet aid to LDC petroleum and gas industries and indi- crztes the benfits accruing to the USSR and aid recipients. Communist Arms Transfers to Mayor Arab C,~untries in 1975. 7 Details Communist arms deliveries to major Arab states in the first nine months of the year. i Approved For Release 2000/09/14 : ?g~~RDP86T00608R000500230030-0 Approved For Release 2000/09/1~~~~TIA-RDP86T00608R000500230030-0 Cyti;;'r Activiticti Economic L0 Militciry '. 1G ii Approved For Release 2000/09/~~aEEIA-RDP86T00608R000500230030-0 Approved For Release 2000/09/14 : C1~4~RDP86T00608R000500230030-0 COMMUNIST Ally AN1)'I'ItAUI~ AC'I'IVI'I'I!:5 IN LESS UliVI,I,UPIiI) CUUN'I'ItIES SIsP'I'hM I31:1i. 197;'i First %rtrnbirtn Copper Shipments on the 'l'un-%rtm ltrtilroud* ;[n September, %rtrnbia began diverting sornc west-bound copper ship~- rn~?~~t,s to the 'Tanzanian pert of Dar es Salaam over the Chinese-guilt 'I'an- lr; ~t Railroad, although the rail line is not scheduled to begin rrornutl cc~,r~mercirtl operation until early ].97ti, %ambirt's move came after rebel u,~.:tivity cai.rsed the suspension of service on the 13engucia rail line through /:c~gola, u route over which half of %ambitt's export traffic moves. Port ~~ongesticn at liar es Salrtrtm will limit the divet?sion of large amounts of ;.raffic over the 'I'an-%am Railroad for some time, but the availability of interim service on the line points up the potential importance of the project as an altet?nativc to Zambia's existing transport arrangements. Peking undertook this massive project in 1970 after conducting extensive surveys. It financed the project with a $402 million credit that covered construction of the rail line and ancillary facilities, the Purchase of comrcrodities to finance local costs, and the procurement of some Chinese rolling stock. Repayments on the 30-year loan are to be made equally by `fanzania and 'Cambia with income from rail operations. An estimated 16,000 Chinese personnel were present in Tanzania and 'Cambia at the height of construction. * The classification of this article is Confidential. Note: The substance of this publication has been coordinated with the Bureau of Intelligence and Research of tl~e Department of State, witJt the Defense Intelligence Agency, and with the Agency for International Development. Comments and queries re ardin this publication are welcomed. They may be directed to of the Office of Economic Research, Code 143, Extension .~ 25X1A Approved For Release 2000/09/14 : ~4DP86T00608R000500230030-0 Approved For Release 2000/09/1~kc~~1A-RDP86T00608R000500230030-0 Approved For Release 2000/09/1~E~IA-RDP86T00608R000500230030-0 Approved For Release 2000/09/14 : C~I~I~DP86T00608R000500230030-0 '1'hc '1'ruclc Record '1'racklaying on tfre 1,1~i0-mile rail line was completed in Jr;rc 1975, a year ahead of schedule. Western experts assess the railroad as high quality in design and execution. When the railroad is formally turned over to the 'I'anzuniun tmdLambiar. governments some tirnc in 197G, it will be ooerating at an initial annual capacity of 1 million tons each way. '1'l~is capacity will accommodate two- thirds of 'Tanzania's total transport ~ equirements and 50?6 of Zambia's, including three-fourths of its copper exports. At. full capacity, 7 million tons to be reached in 1978, the railroad will meet all Zambian and 'Tanzanian rail transport needs. About 300 Chinese personnel are expected to remain through 1978 to provide technical services. Repayment of the loan will not impose a hardship on the two countries. An operating :surplus of $27 million annually is projected by 1983, when repayments totalir:g $14 million annually are scheduled to begin. Potential Benefits 'The railroad is expected to have spinoff economic and social benefits. For 'Tanzania, it will stimulate agricultural development in the western region and provide access to coal and iron ore reserves in the Southern Highlands. For its part, China recently extended a $75 million loan for exploitation of iron ore deposits at Cfrunya and coal deposits at '1'ukuyu. A feeder line from the deposit sites to the ma?n l~:re will also be financed under this credit. The Tan-Zam Railroad will provide landlocked 7_,ambia with a major alternative foreign trade transport option and will increase access to northern Zambia, where their; is some opportunity to expand cattle raising, dairy farming, and production of coffee, tea, corn, and rice. China recently extended a $50 million credit to Zambia for rural development projects. Zambia also could exploit ~irangane5e and copper ore deposits near Mktrshi, 3 Approved For Release 2000/09/14 : C~R~DP86T00608R000500230030-0 Approved For Release 2000/09/14~c~kA-RDP86T00608R000500230030-0 which have rcrnaincd undeveloped bccrur~~c essential transport~rtion Cac~ilitics were lacking (see the rnup). Sovin_t Aid to LI)C Oil and Cas Industries Soviet aid to LllC oil raid gas industries -- until now about 1096 of Moscow's total aid program -- probably will decline over the next few years a~ major clients turn to the West for more advanced technology. Moscow's most important contribution will be to LDCs with limited output potential thin are unrible or unwilling to obtain Western equipment, technical services, and training. (Secret) LDCs Profit from the Aid The USSR originally provided aid to national oil industries in LDCs as part of its overall effort to expand economic relations with the Third World. In the mid-1960s Moscow hegan to focus this aid on a few Middle Eastern and South Asian countries. fiy taking repayment in orl and gas, Moscow hoped to expand its ability to meet Communist Gauntries' growing energy needs. Out of the ~1 billion in assistance provided since 1y56, three-quarters went to five countries -Iraq, Iran, Syria, Afghanistan, and India. Smaller scale aid also was provided to 18 other countries. The USSR constructed refineries in Ethiopia, Egypt, and Turkey and built and ,taffed training institutes in Algeria and Nigeria. Some 2,500 Soviet technicians have been assigned to LBC gas and oil industries in recent years; about 1,100 1,DC personnel have received training in petroleum technology in tiro USSR. (Secret) Soviet oiI development aid has filled an important gap for many LDCs, particularly the poorer nations. It came at a time when Western oil companies were unwilling for political or economic reasons to invest in these countries. Now, however, the major Soviet clients are finding that they need more sophisticated Western technology to accelerate their develop- ment. (Secret) 4 Approved For Release 2000/09/'I~~~QIA-RDP86T00608R000500230030-0 Approved For Release 2000/09/14 :CIA-RDP86T00608R000500230030-0 The Tarp-Zam Railraa~l 'i k Klpail 1`twrvndn po 1PJ~ ,., nn,Znl Ot6~' Kld~tu ~_._... . Fn ~ huny^ 1 Malaw,f Snl!m^ Llbn~we ~.....- *nulumbure I .. ~OUrundl /~ r~. 1_ _~~ Agnr~.ullm ~t :ur?a Curd 1 Iran Cnppr?r , ~ .. M:nrpanncr? Guhl - ~ s:dl Baundnry reprne enlxlion re 40 nol nocceeanly sulhuntativa I Approved For Release 2000/09/14 : C1~86T00608R000500230030-0 Approved For Release 2000/09/14 :CIA-RDP86T00608R000500230030-0 sccnrr In S ritt, now a net oil exporter, Soviet nid Ruts been almost. c;~tire~y responsible i'ot? the devclopn?~ent of crude crtpr.tcily. Ur--nascus recently announced, however, that Soviet exploration will bi terminated in frtvor of Western pttrticipalion. (l~or Officirl Use Only) [n India, the USSR provided the impetus fora stntc-owned oil Industry. Production from Soviet-devclaped fields now accounts for one-half of Indittn output, and Soviet-built refineries satisfy one- third of Indian product needs. Although New Delhi has been satisfied with Soviet onshore development, it is turning to US firms for the larger offshore effort. (For Cfficial Use Only) Ir. Ir~ca ,although Soviet-aided output contributes less than 10~, to total production, Soviet assistance fined an important void in 1969. Moscow provided aid after private comps :es refused to expand output in the wake of nationalization. '!'he USSK also purchased Iraq- crude after Baghdad's t^aditional market outlet4 were threatened. Since the October war, Soviet purchases have dropped 65% because of Baghdad's insistence on receiving world market prices (Secret Noforn) In Afghanistan and Iran, the USSR was largely responsible for creating national gas industries -- in the Iranian case, by establish-? ing a market for gas previously fla~?ed. The two countries are shipping natural gas as payment for economic and military aid. (For Official Use Only) Soviet Benefits Persist 1'he USSR will continue to profit from repayments in kind for its assistance to LDCs. In 1975, Iran and Afghanistan will provide 460 billion cubic feet of natural gas valued at $240 million to the USSR. These receipts facilitate Soviet gas exports to Westerr- Europe for which Moscow receives 6 Approved For Release 2000/09/1~~~IA-RDP86T00608R000500230030-0 Approved For Release 2000/09/14 : CIA~R~DrP86T00608R000500230030-0 hard currency and prices neru?ly twice what it nays t:he L,DC; suppliers. Moscow also benefits from repayments in oil. Iraq is expected to provide less than 20,000 b/d of crude oil, viilued at under $80 million, as reprtyt~tents during 1975, about '104f, of total Soviet oil imports from the Middle last this year. The USSR has been diverting increasing shares of this oil to fulfill contracts wi!h LDCs, -1?ecing nn equivalent amount of Soviet-produced oil for shipment to cash customers in Western 1.uropo. (Secret Noforn) Communist Arms '1'runsfers to Major Arab Countries in ].975 Communist countr. ies delivered over $600 million in arms to major Arab countries in the first nine months of 1975 (see 't'able .1 ). roe the full year the tl.muunt a likely to reach the $1 billion 1974 level. Libya has omerged as the largest Arab recipient of Communist arms. rrorrr January through September 1975, Libya's share was slightly above the combinad total for Iraq and Syria. Shipments to Egypt continued at a high rate until midyear, when apparently they were cut off. Table 1 Value of Communist Equipment Deliveries to Major Arab States Million US $ 1 Jan - 30 Sep 1975 1974 Total 610 967 Egypt 155 91 Iraq 125 337 Libya 230 90 Syria 100 449 Libya The $230 million worth o:' equipment received by Libya reflects deliveries in response Yo the nearly $840 million in cash orders placed since 1 January 1974. These purchases are designed to bring Libya's military * The classification of this article in Secret Noforn. 7 Approved For Release 2000/09/14 : CIAO't~4P86T00608R000500230030-0 Approved For Release 2000/09/14 :CIA-RDP86T00608R000500230030-0 SECRET inventories into line with those vl' Syrin and Egypt. Libya is receiving MIG- 'L3 jet fighters and '1'tJ-22 mediurn-range bornbcrs (sec 'I'tzblc 2). 25X1 B Libya hopes a large ar,enal of Communist weaponry will enhance its prestige among Arab states. It will allow Libya to use its inventory to replace equipment lost by Arab combatants sho-rld new hostilities break out in the Middle East. Soviet equipment clearly will increase Libya's depend- 8 Approved For Release 2000/09/~~RECIA-RDP86T00608R000500230030-0 Approved For Release 2000/09/14 :CIA-RDP86T00608R000500230030-0 ~CCRr:T enec~ on lltc~ USSR for technical anc) other support per;!onnel. The few Soviet milis.r~,~y instr~rclorw left in Igypt are being; lrara~rferred to I,ibyn ns their cxmtrru~l:, in I;(;ypt exph?c. Ir~rc ni::! S~rirr Itacluced Communist shipments to both Syrirt rind Iraq in 1975 largely reflect the end cf the post-October 1973 Wr.u? deliveries. Uarnascus has replaced its war losses and hrrs expanded and upgraded uir and ground forces units. 13rrghcJrrd!s ncecl for Cortrrnunist equipment and spare parts also cJcclined rtftcr settlement of the f(urdish conflict early this yc!u?. Both countries must now absorb the military equipment they hr-ve received. Syria -- the ntrtjor object of Sovic,t militru?y supply activity since the October War -- will have to assimilate more than $1 oillion worth of military hardware; Iraq, $700 million from Cornm;rnis', countries and $1 billion in Western and Yugoslav arms ordered in the past taro years. D;~liverics of $1'l5 million to Iraq and $1(lU million to Syria in 1975 include rnineswecpers artd ~)sa II class guided missile patrol boats for Iraq and a Petyr~. class destroyer escort for Syria. Negotiations with Moscow also begun for two more squadrons of MIG-23s for Syria, v>lued at about $100 milion. Egypt Soviet military deliveries to L'gypt apparently were halted at midyear. 25X1 B _ Soviet aircraft, including Egypt's first MIG-23s, had been transferred before that time under a 1973 contract. The value of 1975 deliveries was $155 million, or nearly twice last year's level. Egypt may have paid cash for both tFre 1974 and 1975 shipments. The drop off in 141oscow's military support to Cairo Itas led to intensified negotiations with Western military suppliers. Approved For Release 2000/09/14 s~ RDP86T00608R000500230030-0 Approved For Release 2000/09/14 :CIA-RDP86T00608R000500230030-0 SLCRCT o' Ac;'1'tyt';'tts lsc~nornic Afr?icri General. 'l'hc Ur(trrnirrrtion of Senegal River States has announced that rr combination of Western raid OPEC countries and rnultilrrtcrnl institutions will finance the $3G5 million Mnnantali Dum project, ending speculation lhrrt Chinn would construct the project. (Unclassified) Al eria. I3ulguria is to finance and construct a drrrn near Algiers to irrigate 100,(100 acres and is studying participation in two other dams. The activity probably will be financed under ttrc $40 million credit provided in 1970. (Unclassified) Gabon. A team of Rornuniun geologists arrived in Gabon to study development of local uranium deposits. (Unclassified) Ghana. A Chinese trade delegation arrived in Accra on 18 Sept~mbcr for two weeKs of discussion on expanding trade relations with Ghana. 'I'hc delegation previously had visited Nigeria. (Unclassified) Ghana and )last Germany are negotiating a trade agreement under which Ghana will sell cocoa ut below the world market price in return for $8.5 million worth of Last German equipment for developing facilities to produce chocolate and chocolate beverages. (Secret Noforn) A high-level Ghanaian economic delegation was :n Moscow negotiating the resumption of Soviet aid projects. A contract was signed to build a prefabricated housing plant. (Unclassified) Morocco. In late September, a Moroccan delegation departed for Moscow to conclude negotiations on Soviet development of the Meskale Approved For Release 2000/09/1~ :CIA-RDP86T00608R000500230030-0 SECRET Approved For Release 2000/09/14 :CIA-RDP86T00608R000500230030-0 SECRCT phosphrtte deposits, under discusylon for more than n ycru?. (Conficfrnlial) Ni er. '1'hc USSR and Niger sif;ned an agrncrncrrt on rcouornic and technical cooperation on 12 September. '1'hc torn:; were not announcecl. (Unclassified) Ni, ,I;er?irx. Nigeria and 13ulguriu sil;ned a Ionl;-term lrrrcJe rrl;recment to exchan{;c Nigerian raw nurtcr?iuls for I3ulgarirur light industrial equiprncnl and chcrniculs. '1'hc agrccrnent is the latest in a series of heels desil;ned to upgrade Ni ;erin's commercial relations with [?aslcrn l;uropc. T.atc last ycrrr, long-terra agreements were signed with Czcchoslovakirr rrnd East Germany. (Unclassified) Somalia. A Chinese trrrdc delegation concluded a $2.5 rniliion contract to purchase hides and skins from Somalia. Chino apparently will pay in hard currency. (Unclassified) 'laire. '['hc PRC sign~^d contracts to purchase an undisclosed gwrntity of 'Zairian copper in 1976. (Unclassified) Laos. lluring recent talks in Vientiane, Ilungury agreed to provide technical assistance to agriculture. 'The two sides also agreed on methods to expedite Hungarian si~ipments of textiles, food, and medical supplies being provided as emergency aid. (Unclassified) Male sia. The Malaysian Minister of 'T'rade and Industry was in Bucharest during September presumably to discuss Romanian participation in development projects. (Unclassified) Papua New Guinea. A Chinese trade delegation agreed to buy $3.5 million worth of cocoa and copper from the newly independent government Approved For Release 2000/09/14 : C~~~1~tDP86T00608R000500230030-0 Approved For Release 2000/09/14~;e1~+A-RDP86T00608R000500230030-0 cal' I'npua Ncrw (iuincrt. 'I'hc two rountr'ic;. have heat sUrclyinl; Uncle Ix~ti;,ihilities sinctc~ early lhi~: year. (Uru~lnssifir,cl) I'ttili~~i~inc~s. I)urinl; Scptcrnhcr, I'hilippinc ol'1'icials si(;necl nl;r?cc-ncnts wilt 13ulltru?irr nncl Il.ontrtnin to fncililnte trade exchanl;es under nl;reernents sil;necl en;Mier thiti ,yeru?. (Unclrissifircl) I',tlr'c~hc S ~nin. Spain and the USSR si(;necl nn alp?eemcnl to set up n joint company cnpilalired at rthout $~i110,00(1 to service Soviet ships, pr?esumnhly fishin(; vessels. Shnin nlr?endy provides the Soviet fleet with extensive scrvicin(; fncililics in the Cr~nnr?y IslancJs. The USSR pw?chased its first Spanish fishing vessel in Aul;ust. (Unclassified) Latin America Argentina, Two Kornnnian officials arrived in Argentina on ~ September for talks on constructing rt coke oven plant. '1'hc total cost of the 240,000 ton plant is estirnrtted ut $30 million. ltomaniu will supply equipment under rc $I00 million credit signed last your. (Unclassified) 13alivia. On 1G September the Czcclt-built antimony smelter at Vinto began opera;ions. Czechoslovakia extended $3.2 million in Long-term credits in 1971 to cover equipment for the project. garly this year, Prague signed a $1.5 million contract for a second aid project in [3olivia, a ferroalloy plant. (Unclassified) Chile. A Chilean delegation to Peking negotiated renewal of a $50 million three-year credit provided to the Allende government in 1972. The loan will be used to purchase industrial plants from China. Peking also agreed to increase its purchases of copper and nitrates in 1976 and possibly to exchange petroleum for Chilean iron ore. (Secret Noforn) 12 Approved For Release 2000/09/~~R~IA-RDP86T00608R000500230030-0 Approved For Release 2000/09/14 :CIA-RDP86T00608R000500230030-0 SI:CRf:T I;ucrrclor. I',ur;t (;crnrany will exchanl;c~ educatiurutl ccluipntcnl worth $:1 million I'or I:cuaclorean bananas unclc~r rut alrreunrenl sil;rtc~cl on I~- Sc.;tlcnthcr.'I'hc Laic is in aclclition to annual Inst. ';erntan imports of I ~i11,11011 ions. (Urtclnssi f iecl} (;uyanrt. A hil;h-level officirtl will travel to (;hinn in nticl--Ocloltcr? t.o discuss trade rtnd aid implentc;rttntion prohlc?-ns. (;corl;ctowrt is clissatisl?icd wilh the rrttc of constrr~~~tion on (;hinese aid praJects ns well as prices chat?t'ed for eduiprrtr.nt used to finnn~sc local cods. (;uyann also hopes to negotirtle aclditionn~ sales of sugar nncl bauxite. (Confidential) Mexico. Mexico and the I'(tC concluded rt five ,year technicrtl and scientific cooperrttion al;recment on 10 September. (Unclnssificcf) l'cru. Uuring Septcrnbcr, Itomrtnirt made a test purchase of 3;'i,00U tons of iron ore from tho recently nationrt]ized Mrtrconrr mines. The availability of additionrtl arnounis of ore for side to Itornanirt depends on the outcornc of pending Pcruvirut negotiations with Mrtrcorza'~ former US owners. (Unclassi- fied) Ncrtr Eiast and South Asia Afghanistan. The USSK recently agreed t~ begin electric power surveys in northern Afghanistan under rtn open ended cr ^.dit agreement signed early in 197.`i. The USSR has tentatively agreed to a:::;ist in the construction of several major hydroelectric power generating and transmission projects in Afghanistan aver the next 10 years. (Unclassified) C rus. Cyprus teas invited Bulgaria to bid on construction of a 20,000 ton capacity desalination plant. Bulgaria probably has been asked to finance the project under long-term credits (Secret Noforn) India. Beginning in 1976, India will provide and install equipment for a 640,000 ton capacity coke oven at the Danube Iron Works in Hungary. This 13 Approved For Release 2000/09/14 : ~~tDP86T00608R000500230030-0 Approved For Release 2000/09/14 :CIA-RDP86T00608R000500230030-0 seciirr iti India's first nutjo~~ steel construcllon conlrru~t otrlsicle its national bounclru?ies. Muclt of the Indian firm's previous cx;~eriencc sterns front work on Soviet-aiclcd steel stills at 13hilai rtnd Iloltru?v. ((;anfidcntir!,l) On I(i Septernhcr, Iselin anc) tl-c USSR sil;ned contracts to study a ;~ million ton open cast rninc nt Sinl;rauli arul two projects using; experi- mental mining; techniducs nt Itrutigang. 'I'bis is the first activity on rt Soviet prc~pvsrrl to finance the development of India's ~~crtl resources corder a IJGti trade credit. (l)nclassificd) lrrrn. On 14 Scpternbcr, Ilult;ru?ia ,tad Iran agreed to set up rr joint economic commission to expand rnulual trade and economic cooperation. Only snu?I1 amounts of SoCiu's $2U million in rtid to Iran have been used to date. The two sides also held talks on establishing rt joint trrtnsport company. (Unclassified) Iran and Poland plan to cxprtnd annual trtrdc by 259G to $100 million in 197G. The ~icw protocol signed on 17 September calls for increased sales of Iranian light manufactures in exchange for Polish agricultural goods, machinery, and chcrnicaL~. !Unclassified) Moscow aFparently agreed in July to provide $18 million in new aid to build housing rtt lt,hwaz in southern Iran, bringing total Soviet aid to that country to $800 million. The new credit, which is repayable over seven years, covers tl~e foreign exchange costs of the $3G million project. (Secret Noforn) Irate. On 14 September, Iraq and the USSR signed contracts to establish two vocational training centers for the chemical, petrochemical, mechan- ical, and mineral industries in Iraq. The centers, to accommodate about 1,200 students, will cost $25 million and will be completed by 1978. The USSR has contracted to build a minimum of 10 training complexes in Iraq. (Unclassified) 14 Approved For Release 2000/09/1~E~~ETA-RDP86T00608R000500230030-0 Approved For Release 2000/09/14 : CI~~QP86T00608R000500230030-0 Kuwait. The I{uwrrit Investment Company is hnncllia{; the sale of rr $Ii0 million Ilungarian bond issue to I{uwniti subscribers. In 1 J74, Kuwait managed a sirnilur U?ansaction for $4l1 million on Ilungru?,y'a behalf. In addition, ru,r agreement for the sale of 2 million barrel.; of I