14. Editorial Note

On July 16, 1957, the Council on Foreign Economic Policy decided to hold regular meetings on Soviet economic penetration activities to determine appropriate action by the United States Government. At its meeting on October 17, the Council again discussed the topic of Soviet economic penetration. It “considered the problems presented by the readiness of the Soviet Bloc to purchase commodities of underdeveloped countries and provide capital, equipment and technical know-how to gain positions of major influence, regardless of the economic profit of the venture.” (CFEP Project Study; Eisenhower Library, CFEP Records, 1954–1961)