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
2. The representative from the Central Intelligence Agency shall
serve as Chairman of the Economic Intelligence Committee, and he
shall supply the secretariat.
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
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
f. Maintain a continuing review of the foreign economic
intelligence activities of the United States Government as
they relate to the national security.
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 economic intelligence.
4. In carrying out its responsibilities, the Economic Intelligence
Committee may set up such subcommittees and working parties as may
be judged necessary.
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
1Source: 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.