THE SITUATION IN CUBA

Created: 11/5/1959

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CURRENT INTELLIGENCE WEEKLY9

THE SITUATION IN CUBA

Castro government's new siloing lav and its seizure of oililaa ara additional evidence of itsapproach to economic reforms, many of whlcb are badly needed.

Most of the large and un-explolted petroleum andconcessions, as well as the mining industry ia general, ara controlled by American lntereats which Cubans fool have nottheir holdings rapidly enough to benefit the economy. Alienation of these private Investors who have beentho only source ofcapital for developing tbe subsoil resources, and la-creased government control over the economy will probably be accompanied by an intensified search for Europeaa--andSovietand financial assistance.

Cuba may be planning to resume diplomatic relations with the USSR and open tradewith East Germany. ovember tbe semiofficial dally Revolucion urged that Soviet Vlrst Deputy Premier Mlkoyan. who will Inaugurate the Soviet exhibition in Mexico onovember, be invited to visit Cuba as the first step toward renewed relations and further trade with the USSR. Ambassador Bonsai in Havana has reported that East German economic officials are expected in Cuba soon, and he considers It quite llksly that somemay be contemplated.

Castro's revival onctober of the revolutionary tribunals and thef the death penalty are again rousing unfavorable comment rjD

In Latin America, Hemisphere leaders and newspapersto Castro's plannedorms and aspirations for Cuba ave been Increasingly critical^ol his executive and irrationaly? actions.

PAkI

NOTES AND COMMENTS PATTERNS AND PERSPECTIVES

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