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Soviet Government Offers Economic Assistance to Arab Countries

October 11, 1955
See Original Daily Bulletin From This Date

Soviet Ambassador Daniel S. Solod said in Cairo today that Moscow has offered economic aid to Egypt. He emphasized that Russian economic assistance was also made available to other Arab states.

A cable from Cairo stated that the Soviet envoy, emerging from a meeting with Hussein Aziz, Permanent Undersecretary of the Egyptian Foreign Ministry, told reporters: “Our economic situation permits us to give aid to any country–providing that country will accept it.” He declined to say whether the offer got a favorable answer from Egyptian officials.

Ambassdor Solod said no money would be involved in the Russian aid which would be in the form of agriculture and building equipment and other materials which could be used for economic development. The Cairo correspondent of the Times of London indicated in a cable today that by offering economic assistance to the Arab countries, Moscow is trying to undermine the American negotiations with the Arab countries for development of the Jordan waters on a regional basis for the benefit of both Israel and the Arab states.

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