867.51/8–1646: Telegram

The Acting Secretary of State to the Ambassador in Turkey (Wilson)

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612. Urtel 880 Aug 16.42 Turk Embassy advised Eximbank approval exporter credits $25 million.43 Bank informed by Turk Govt [Page 912]division among Ministries as follows: Economy and Affiliated Institutions 15, Communications and Transport 5, Customs and Monopolies 4, Public Works 1. Details period of time interest rate to be determined project by project. Turks were told interest likely to average about three and half per cent.

Acheson
  1. Not printed.
  2. The Chairman of the Export-Import Bank addressed a letter to the Turkish Ambassador on July 12.