AGREEMENT ON SCRAP IRON BETWEEN USIA AND AUSTRIAN GOVERNMENT

• Document Type: CREST
• Collection: General CIA Records
• Document Number (FOIA) /ESDN (CREST): CIA-RDP82-00457R002600120001-3
• Release Decision: RIPPUB
• Original Classification: S
• Document Page Count: 1
• Document Creation Date: November 9, 2016
• Document Release Date: February 16, 1999
• Sequence Number: 1
• Publication Date: March 29, 1949
• Content Type: REPORT

r Approved For Release 1999/09/09 :CIA-RDP82-004578002600120001-3
COUNTRY Austria
CLASSIFlCATlON r'..;
CENTRAL lNTELLiGENC~ AuENCI~
~UEJEGT Agreement on Scrap Iron between
UilIA and Aaxatrian Govsrrsmsnt
plACE
ACQUIRED
DATE OF lNl=O.
25X1A6a
5X1A2g
25X1X6
to II>IA~' ?'!as concluded an offieiaZ agreement ~rlth the Austrian Governrnt
th&t~ as of 3G December 1948, no scrap iron was to be claitaed by the
Soviets as war bootyo
~. Ths Soviets are =mown to control the disposition of 480~?O to 5,000 tons of
scrap iron per Month, Thins scrap has accrued as foilows: 1,000 taszs from
USIA firms; Ia000 tons from Soviet-cantrolled dismantling operations; 280t)O
3p000 tons purct~sed ill~tpal~,y from- Austrian scz?ap dea3erak This scrag, is
e3f,her beinII said to the Austrian Govertsr~ent or calculated at a rats of
~28~50 per ton and used fn li?u of hard currency in ~rrangir~ import,~a~xport
deals through the Austrian Gavornm?nt, Tt his arnmounts to a purchasinS poor
of :~~Qy000 per month for UcIA. One example wEns a recent transactions whea~~
b'9 the Austrian Goversur~nt was to deliver an unspecified entity o.~' raw iron
to Ita~ in return for seamless pipe for USIA for STTito~'} s The compensation
Payment by USIA to the Austrian Govertament for its part in the transaction
~m~s to ba in scrap iron st the abotre rato~
25X1 A6a soviet willin~?nese to .give up the right to chin scrap as
w~ ' m49 pot~adLb~ be a ao~e~~aa to tip Austrian Cov~ern in ratu~ra for grant-~
~[ng USIA i~sport-export permits with the 7right to draw on National. hard
curz'cancy depositor and for acting as niddlarisn in oth?r transactioa~, such as
the shipping of seamless pipe Pram Ita]~ro If carried Duty the ag~or,~rit
would infer payment to the Austrian Governeient of 20~ of foreign currency
i'rota scrap exports ~tnd ~,x~uld give the Government greater control over a~crap
resflrvea is the Saviat Zone, which wee not claimed hs booty prior to 30
December 294.8 0 )
~ ~.dr~inistratioa of Soviet Prapcarty in Austria.
~'~' Sow~'eti~~
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