NSDD 66 East-West Relations and Poland Related Sanctions

4. An agreement that builds on the recent OECD agreement substantially raising interest rates to the USSR to achieve further restraints on officially-backed credits such as higher downpayments, shortened maturities and an established framework to monitor this process. 1stlus Preparations within the U.S. Government The Senior Interagency Group for International Economic Policy (SIG-IEP) will be responsible for the attainment of U.S. objec- tives in the context of the work program and studies called for in the "Summary of Conclusions." Interagency working groups will be established under the supervision of the SIG-IEP to develop U.S. positions and strategies for the achievement of these objectives in the four principal areas of U.S. concern. In addi- tion, a working group will be established for an overall study of East-West economic relations in the context of political and strategic considerations. These working groups will submit for approval by the President, through the SIG-IEP, the strategies for attaining U.S. objectives and all U.S. positions for meetings with Allies. The SIG-IEP will report to the President periodically through the Assistant to the President for National Security Affairs the state of progress in attaining the objectives. 181(01 The members of the working groups will be as follows: Energy: International Energy Security Group, Chaired by State COCOM High Technology: Senior Interagency Group on Transfer of Strategic Technology, Chaired by State Credits: Treasury (Chair), NSC Staff, State, Commerce East-West Economic Relations: State (Chair), NSC Staff, Treasury, Commerce, DOD. Delegations to negotiate with Allies on these subjects will be chaired by a representative of the Department of State and will include representatives from the National Security Council Staff and concerned departments. (8) (u) Poland-related Sanctions On the expectation of firm allied commitments in these four areas reflecting U.S. objectives emerging from the work program- agreed in the "Summary of Conclusions, " I approved the cancellation of the December 30 sanctions on oil and gas equipment and technology to the Soviet Union and the June 22 amendment extending these controls to U.S. subsidiaries and licensees abroad. In addition, I have approved the resumption of case-by-case licensing for commodities under national security controls. Sanctions imposed against the USSR following the invasion of Afghanistan remain in effect, including a presumption of denial for exports of oil and SECRET UNELASSIFTED cy 1Fo113 copies