Germany, is producing small weapons for the West German Army
and the Portuguese forces. There is a Portuguese-German joint
Commission to supervise the work in the factory,
Thw "Otavi Minen - und Eisenbahn-Gesellschaft" obtained the permission from the Salazar regime to start surveys for strategically
important ores containing uranium and thorium in Mozambique, it
was announced in August I96& in Frankfurt during the general
assembly of that company.
The "Gelsenkirchener Bergwerks AG," the biggest West German
mining trust, has obtained a licence for prospecting oil in
Mozambique, The trust heads an international consortium which
also includes the "South African Anglo-American Corporation*"
and a subsidiary of the French "Societe Nationale des Petroles."
The consortium has pledged to invest nearly twenty million West
German marks within three years for the opening up of oil deposits.
On July 10, 196b, the Portuguese government appointed a West
German-led international consortium for constructing the Cabora
Bassa project in Mozambique which intends to create conditions
for the settlement of more than one million white settlers as
a stronghold against the liberation movement. The value of the
order is about one thousand million West German marks in which
participate the West German companies of "Siemens," "AG-Telefun-
ken," "Brown, Boveri und Cie,", "Voith" and "Hochtief."
The I967 Economic Report of the West German Chamber of Commerce
and Industry in Portugal confirms the enormous increase of
foreign investments. Between the end of 1965 and September, 1967»
West German investments in Portugal increased by 96»4 per cent
from 28 million marks in I965 to 55 million in 1967*
Angola is becoming an ever-increasing domain of the West German
imperialists, Cassinga; the iron ore centre, was built by West
German armaments firm of Krupp at the head of an international
consortium at a cost of over 5^0 million marks - it exported
over 8 million tons of high quality iron ore in 1967«
West Germany now takes first place the Portuguese trade balance.
In 1965* i"t exported goods valued at 4,200 million escudos to
Ptrtugal,' and imported goods valued at 1,308 escudos.
By 1965i West Germany had a dominant position in the following
Portuguese industries: metal and Angolan mines(Krupp), glass,
surgical instruments, photographic and electrical apparatus. In
addition, West German capital is financing an irrigation and
afforestation plan, three new airports, and a fish   processing
industry. The two governments have even reached an agreement on
the exploitation of emigrant labour whereby Bonn reduces Portuguese
government debts by 80,000 escudos for every worker who goes to
the Federal Republic.
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