USIB
Economic Intelligence Committee
Aid and Trade Activities of Communist Countries in Less Developed Areas of the Free World
BIWEEKLY REPORT
CONfi^RTIAL
CONTENTS AND SUMMARY OF
Paqo
Far East
East German EconomicCambodia
East Germany recentlyreditillion to Cambodia for project assistance.
Latin America
Peruvian Purchase of MiningHungary '. . . .
Onugust, Hungary signed ato furnish an ore dressing plant to
Peruvian mining company.
Brief Notes
Congo (Brazzaville) . .
Communist China willmall boatyard in Congo (Brazzaville).
CONFMBrTTIAL
D TRADE ACTIVITIES
OF COMMUNIST COUNTRIES IN LESS DEVELOPED AREAS OF THE FREE WORLD
I. Far East
East German Economic Credit to Cambodia
In early September, East Gennanyreditillion to Cambodia for project assistance. This latest credit brings total East German extensions thus far9 to0 million to countries that have granted it diplomatic recognition. Iraq and Syria, which also recognized East Germanyaveotal4 million inOR OFFICIAL USE ONLY)
Latin America
Peruvian Purchase of MiningHungary
Onugust, Hungary concluded aa Peruvian commercial delegation underwilleruvian mining company withdressing plant and equipment valuedmillion. The plant,-which willzinc, and copper, willons. Hungarian geologists
will conduct studiesreliminary to setting up the plant. The terms of the agreement are not known. The two sides also discussed the formationixed Peruvian-Hungarian mining company. (FOR OFFICIAL USE ONLY)
III. Brief Notes
Congo (Brazzaville). eptember, Congo (Brazzaville) and Communist China signed ato4 aid agreement under which China willmall boatyard near
tha Biueeklu Reportsuly and Auguet
AL
Brazzaville. Communist China is providing the necessary technical assistance and equipment, and Chinese technicians already have arrived to work on the project. Costs will be financed under the4 credit ofwhich allows for repayment over ten years starting (CONFIDENTIAL)
Original document.
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