Declassified in Part 8anitized Copy Approved for THE - CHECKLIST 6 MAY 1962 50 Declassified in Pan Sanitized Cepy Approved for Release 2015 07 24 E23 C23 Deolassified in Pan - Sanitized Copy Approved for Release 2015 07 24 Soviet ballistic I 50x1 'observed the launching'of a ballistic missile from a submerged submarine i in the Barents Sea on April 26 This - gives us our first solid indication_ 50x1 that the Soviets have such a capability lalSo saw traces Of a similar 50X1 'launcTing on April 16 Firinge on both dateg 1 missile launched from submerged sub marine East West German trade proposals another launching on May 15 possibly 50X1 to a distance of 2 000 nautical miles We believe that these activities represent the initial operational' testing-of'a new weapons system The-East Germans have made overm tures to Bonn_for credits on the order of some $700 million for_the purchase of West German-goods Our mission in 50x1 apparent'slewnese in graSping the pelitical implications of'these'overe jtures calls attention to the pose sibility o _linking the East German' needs to Berlin acoess and increasing the dependence of East on Westhermany - - For The President Onlwaop Secret Deotassified in Part - Sanitized Copy Approved for Release 2015 07 24 CIA-RDP79T00936A0008001300014