Office of the Historian

64. National Security Decision Memorandum 192
Council for International Economic Policy Decision Memorandum 151

Washington, October 18, 1972.

TO

  • The Secretary of State

SUBJECT

  • Lend-Lease Negotiations with the USSR

REFERENCE

  • NSDM 190/CIEPDM 122

The President has made the following decisions:

1. The “total Soviet obligation to the United States” referred to in paragraph 1 of the NSDM/CIEPDM under reference shall be set at $722 million.

2. The US negotiators are authorized to reduce the interest rate on deferred installments referred to in paragraph 4 of the NSDM/CIEPDM under reference to 3%.3

Henry A. Kissinger4
Peter Flanigan
  1. Source: National Archives, Nixon Presidential Materials, NSC Files, NSC Institutional Files (H-Files), Box H–208, NSDM 151–NSDM 200, Originals. Secret; Nodis. Copies were sent to the Secretaries of Commerce and Treasury.↩
  2. Document 49.↩
  3. In message Tohak 36 to Kissinger, who was in Paris for the peace negotiations, October 18, Haig wrote: “As a result of a call from me to Dobrynin last night and a last minute crunch session among Peterson, Sonnenfeldt and Patolichev at Peterson’s house last night, the lend-lease package was settled at a surface formula of 722/3. While this was our rock bottom position, Pete is confident that he can handle it on the Hill and I believe the Soviets are returning home with the feeling that they redressed the problems resulting from the maritime agreement.” (National Archives, Nixon Presidential Materials, NSC Files, Kissinger Office Files, Box 25, HAK Paris/Saigon Trip, TOHAK, October 16–23, 1972)↩
  4. Haig signed for Kissinger above Kissinger’s typed signature.↩