SINO-SOVIET BLOC ECONOMIC ACTIVITIES IN UNDERDEVELOPED AREAS

• Document Type: CREST
• Collection: General CIA Records
• Document Number (FOIA) /ESDN (CREST): CIA-RDP92B01090R000700010122-5
• Release Decision: RIPPUB
• Original Classification: S
• Document Page Count: 5
• Document Creation Date: December 16, 2016
• Document Release Date: August 10, 2005
• Sequence Number: 122
• Publication Date: October 10, 1960
• Content Type: REPORT

Approved For Release 2005 P92B0109COoR000700018122-5 427
SECRET
25X1
BIWEEKLY REPORT
SINO - SOVIET BLOC
ECONOMIC ACTIVITIES
IN UNDERDEVELOPED AREAS
EIC-WGR 1/122
10 October 1960
PREPARED BY THE WORKING GROUP
ON SINO-SOVIET BLOC ECONOMIC ACTIVITIES
IN UNDERDEVELOPED AREAS
25X1
SECRET
Approved For Release 2005/08/22 : CIA-RDP92BO109OR000700010122-5
 Approved For Release 2005/08/22 : CIA-RDP92BO109OR000700010122-5
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, the 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 the
Central Intelligence Agency
Approved For Release 2005/08/22 : CIA-RDP92BO109OR000700010122-5
 SECRET
Approved For Release 2005/08/22 : CIA-RDP92B01090R000700010122-5
Summary of Events*
23 September - 6 October 1960
The Hungarian state trading corporation Budavox has agreed to
supply Cuba with large quantities of telephone equipment. This con-
tract is the first to be concluded under the recently negotiated
Hungarian-Cuban economic agreement.
Prince Sihanouk, the Cambodian chief of state, recently an-
nounced that he would "beg alms" of Communist China and the USSR
during his visit to these countries in November and December. He
stated that aid is needed for the Cambodian Five Year Plan, especially
for his pet project, the Phnom Penh - Sihanoukville railroad.
25X1
* An unclassified table summarizing Bloc credits and grants extended
to underdeveloped countries as of 30 September 1960 is included in
this issue on p. 4.
Approved For Release 2005/08/22 : CIA-RDP92B01090R000700010122-5
SECRET
 SECRET
Approved For Release 2005/08/22 : CIA-RDP92B01090R000700010122-5
CONTENTS
Page
1. Latin America (Cuban Purchase of Hungarian Tele-
phone Equipment) . . . . . . . . . . . . . . . . . 3.
II. Asia . . . . . . . . . . . . . . . . . . . . . . . 2
B. Cambodian Intention to Request Aid from Com-
munist China and the USSR . . . . . . . .
Bloc Credits and Grants Extended to Underdeveloped Coun-
tries, 1 January 1954 - 30 September 1960 . . . . . . . 4
Approved For Release 2005/08/22 : CIA-RDP92B01090R000700010122-5
SECRET
 25X1 Approved For Release 2005/08/22 : CIA-RDP92BO109OR000700010122-5
Next 5 Page(s) In Document Exempt
Approved For Release 2005/08/22 : CIA-RDP92BO109OR000700010122-5