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Current Intelligence Weekly Summary

Central Intelligence Agency · 1962-03-23 · 42 pages · text from the file's own layer

This is the Central Intelligence Agency's Current Intelligence Weekly Summary of 23 March 1962, a secret digest from the Office of Current Intelligence covering world events. It reviews Soviet foreign policy on Berlin, the Berlin air corridors, disarmament and a nuclear test ban. It also covers Algeria, Argentina's elections, the Congo, Laos, South Vietnam, Guatemala, food rationing in Cuba and Middle East tensions. Special articles assess Brazil under Goulart and Turkey's economic prospects. It contains no UFO material.

Approved for Release: 2026/03/06 C03176167
CURRENT INTELLIGENCE WEEKLY SUMMARY
preferences in the EEC. On the
other hand, West Germany and
the Netherlands--supported by
the United States--contend that
the preferential system is out-
moded, distorts the economic
development of Africa, and
raises major problems for
competing areas, such as Latin
America, which lack equal
access to the European market.
Although this gap has in
the past appeared unbridgeable,
a compromise now may be taking
shape. In meetings since early
March, France has agreed to a
reduction in the level of pref-
erence accorded the associated
states, provided they are com-
pensated by increased develop-
mental aid. West Germany and
the Netherlands have in turn
agreed to a "transitional"
provided it is terminated as
soon as alternative arrangements '
KTNMNQA
can be agreed on. Among these
alternatives would be the US
proposals for global agreements
to eliminate tariffs on certain
tropical products, stabilize
their prices, and provide pro-
ducers with compensating aid.
Other major problems still
to be solved are joint EEC-
African institutional arrange-
ments, the future level of
developmental aid to the
Africans, and the apportionment
of the burden among the EEC
countries. All six present
members are committed to continue
EEC aid at least at the previous
level-—i.e., $581,000,000 over
a five-year period. Some in-
crease in this aid is anticipated
by all the member countries,
but France, perhaps with the
future needs of Algeria in mind,
reportedly contemplates an in-
crease to $1.1 billion for the
next five years. Agreement on
any amount close to this appears
doubtful--especially if France ’
appears to be_asking its EEC
partners to pick\up part of the
tab for the French—Algerian
settlement.
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Further consideration of
these issues is expected at a
ministerial meeting on 2 April.
Most observers agree that the
present association arrangements
have important advantages for
the Africans and that further
development of the Eurafrican
partnership would be a major
gain for the West. However,
there will be serious reserva-
tions over the contemplated
continuation of preferential
trading arrangements between the
two areas—-especially so since
the area of preference will prob-
ably be extended. Britain has
repeatedly stated that it can
enter the EEC only if African
Commonwealth members get the
same treatment as other African
states. \ \
23 Mar 62 WEEKLY REVIEW Page 22 of 22
Approved for Release: 2026/03/06 C03176167
(b)(3)

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FOIA release, from the cia-readingroom collection. The PDF is mirrored here; the original link is above. 42 pages are in the text index: search them above, or from the library's search.