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NSSD 2-86 Soviet Initiatives in International Economic Affairs

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SYSTEM II 90618 THE WHITE HOUSE UNCLASSIFIED WASHINGTON September 16, 1986 NATIONAL SECURITY STUDY DIRECTIVE NO. 2-86 - SOVIET INITIATIVES IN INTERNATIONAL ECONOMIC AFFAIRS (8) (u) Introduction This National Security Study Directive establishes the Terms of Reference for completing a review of recent initiatives undertaken by the Soviet Union in the area of international economic affairs. The Study will be coordinated by the National Security Council Staff. (s)(u) Objective of the Review To assess the significance of greater Soviet interest in global economic institutions and affairs; to develop U.S. policy on appropriate response to new Soviet initiatives in international economic affairs; and to begin preparation of U.S. positions on economic issues for the next meeting between President Reagan and General Secretary Gorbachev. (s)/u) Scope The review will address the following topics: ($) (u) First Stage: To be completed by October 1, 1986. -- Soviet Interest in International Economic Affairs: : Full review of information relating to recent Soviet interest in international economic issues, including but not limited to assessments of the significance of: 181 (u) The reorganization of the Soviet Ministry of Foreign Affairs o ("MFA") to include a new Administration for Interna- tional Economic Relations. 18 (u) o The application of the Soviet Union to participate in the new round of multilateral trade negotiations under the General Agreement on Tariffs and Trade. 1st (u) o Suggestions that the Soviet Union is interested in joining the IMF/IBRD. 6 (u) o In the financial sector, settlement with the UK on defaulted Czarist bonds and first time Soviet participation in a Eurobond syndication. 1st (u) COPY IC CF 7 COPES 2 UNCLASSIFIED