1. The Director of Central Intelligence with the concurrence of the
members of the IAC has established an
Economic Intelligence Committee, on which shall sit designated
representatives of those agencies charged with primary responsibility
for foreign national security intelligence, i.e., the Departments of the
Army, Navy, Air Force, State, the Joint Chiefs of Staff, and the Central
Intelligence Agency. Any other agency whose interest or competence may
be relevant to the particular problem under examination may be invited
also to sit with the Economic Intelligence Committee.
2. The representative from the Central Intelligence Agency shall serve as
Chairman of the Economic Intelligence Committee, and he shall supply the
3. The Economic Intelligence Committee shall:
a. Arrange concerted economic intelligence support, on selected major
issues, for studies of interagency interest requested by the
Intelligence Advisory Committee, the Joint Chiefs of Staff, etc.
b. Arrange for the mobilization of the data and analysis available,
relevant to appropriate operating problems of any member agency
requesting assistance, or of any other agency dealing with economic
security problems, which may request assistance.
c. Examine continuing programs of fundamental economic research relating
to the national security throughout the United States Government and
recommend to the IAC for appropriate
action allocation of responsibility for specific fields of inquiry where
such allocation appears appropriate.
d. Review and report to the IAC from time
to time, on the pertinence, extent, and quality of the data and analyses
available, bearing on the issues analyzed.
e. Recommend to the IAC for appropriate
action priorities and allocation of responsibilities for the collection
and analysis to fill specific gaps in the economic intelligence needed
for national security.
f. Maintain a continuing review of the foreign economic intelligence
activities of the United States Government as they relate to the
g. Make such special reviews of economic intelligence distribution and
processing procedures as may appear useful, and make recommendations for improvement to the
Intelligence Advisory Committee, which shall have responsibility for
instituting such action as it may judge appropriate.
h. Prepare coordinated reports which present the best available foreign
4. In carrying out its responsibilities, the Economic Intelligence
Committee may set up such subcommittees and working parties as may be
5. When any member agency is unable to accept a recommendation of the
Committee, the matter may be referred to the Intelligence Advisory
Committee. All agencies directly concerned shall be asked to sit with
the Intelligence Advisory Committee for the consideration of such
1 Source: Central Intelligence
Agency, Executive Registry, Job 85–500362R, Box 3, Folder 10.
Secret. The document was forwarded, presumably to members of the
Intelligence Advisory Committee (there is no list of addressees),
under cover of a memorandum from James
Q. Reber, Secretary, Intelligence Advisory Committee.