SINO-SOVIET BLOC ECONOMIC ACTIVITIES IN UNDERDEVELOPED AREAS

• Document Type: CREST
• Collection: General CIA Records
• Document Number (FOIA) /ESDN (CREST): CIA-RDP92B01090R000700010101-8
• Release Decision: RIPPUB
• Original Classification: S
• Document Page Count: 6
• Document Creation Date: December 16, 2016
• Document Release Date: August 10, 2005
• Sequence Number: 101
• Publication Date: December 21, 1959
• Content Type: REPORT

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SECRET 397
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BIWEEKLY REPORT
SINO - SOVIET BLOC
,ECONOMIC ACTIVITIES
-41
IN UNDERDEVELOPED AREAS
EIC-WGR 1/101
21 December 1959
PREPARED BY THE WORKING GROUP
ON SINO-SOVIET BLOC ECONOMIC ACTIVITIES
IN UNDERDEVELOPED AREAS
ECONOMIC INTELLIGENCE COMMITTEE
11 JAN 1960 RECD V,
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WARNING
THIS MATERIAL CONTAINS INFORMATION AFFECT-
ING THE NATIONAL DEFENSE OF THE UNITED STATES
WITHIN THE MEANING OF THE ESPIONAGE LAWS,
TITLE 18, U.S.C., SECTIONS 793 AND 794, THE TRANSMIS-
SION OR REVELATION OF WHICH IN ANY MANNER TO
AN UNAUTHORIZED PERSON IS PROHIBITED BY LAW.
These biweekly reports on "Sino-Soviet Bloc Economic Ac-
tivities in Underdeveloped Areas" are prepared and issued
by a Working Group of the Economic Intelligence Commit-
tee, including representatives of the Departments of State,
the Army, the Navy, th Air Force, Commerce, and Agricul-
ture; the International Cooperation Administration; the
Office of the Secretary of Defense; and the Central Intelli-
gence Agency. Their purpose is to provide up-to-date fac-
tual information on significant developments in the eco-
nomic relations of Sino-Soviet Bloc countries with under-
developed countries of the Free World. The EIC-R-14 series
of reports, under the same title, provide periodic summaries
and analytical interpretations of these developments.
Printed and Disseminated by
Central Intelligence Agency
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Summary of Events
47 17 December 1959
Ethiopia and Czechoslovakia announced on 11 December the signing
of economic, technical, and cultural agreements that reportedly pro-
vide $10 million in credits for mining, transportation, and other indus-
trial projects.
Delivery to Argentina of Soviet vehicles and petroleum equipment
has begun in partial utilization of the $100 million Soviet credit agree-
ment. The shipment will include trucks, bulldozers, tractors, and
helicopters as well as equipment for the exploration, drilling, and
production of petroleum. Argentine officials have stated that at least
15 to 20 Soviet technicians are scheduled to arrive in Argentina to
supervise the assembly and installation of the equipment and to train
local pilots in the operation of the helicopters.
Argentina has purchased 80 diesel motor coaches from Hungary
for the Argentine State Railways.
On 9 December, Brazil and the USSR signed a 3-year trade agree-
ment calling for an exchange of goods totaling $208 million. The main
Brazilian export will be coffee, and 80 percent of Soviet exports to
Brazil will consist of petroleum, petroleum derivatives, and equipment
for the petroleum industry.
The recent Czechoslovak credit of $48. 5 million for India's Third
Five Year Plan continues to point up the current importance of Czecho-
slovakia's role in the economic offensive of the Sino-Soviet Bloc in
underdeveloped countries of the Free World. The foreign trade plans
of Czechoslovakia reveal Czechoslovak intentions of a sizable expansion
of trade with these countries during 1959-65.
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CONTENTS
I. General (Role of Czechoslovakia in the Economic
Offensive of the Sino-Soviet Bloc in Under-
developed Countries of the Free World) . . . .
A. Economic and Military Aid . . . . . . . .
B. Technicians . . . . . . . . . . . . . . .
C. Training in Czechoslovakia . . . . . . . .
D. Trade . . . . . . . . . . . . . . . . .
E. Trade Plans, 1959-65 . . . . . . . . . .
II. Middle East and Africa (Ethiopian-Czechoslovak
Economic Agreement) . . . . . . . . . . . .
III. Latin America . . . . . . . . . . . . . . .
A. Argentina
Page
1. Utilization of Soviet Credit . . . . . . 9
2. Purchase of Hungarian Motor Coaches . 9
B. Brazil (Trade Agreement with the USSR) . . 10
Tables
1. Czechoslovak Credits and Grants to Under-
developed Countries of the Free World,
1 January 1954 15 December 1959 . .
2. Czechoslovak Economic and Military Technicians
in Underdeveloped Countries of the Free World,
1 July - 15 December 1959 . . . . . . ' . . . 5
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3. Nationals of Underdeveloped Countries of the
Free World WhoHave Undertaken Academic,
Technical, and Military Training in Czechoslo-
vakia, 1955 - Mid-1959 . . . . . . . . . . 6
Illustrations
Following Page
Figure 1. Czechoslovak Financial and Technical
Aid to Underdeveloped Countries of
the Free World, Through 15 Decem-
ber 1959 . . . . . . . . . . . . . .
Figure 2. Czechoslovak Trade with Underdeveloped
Countries of the Free World, 1954,
1957, and 1958 . . . . . . . . . . .
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