Ivan Budinov, Minister of Foreign Trade, Report to Todor Zhivkov, Chairman of the Council of Ministers, Report on Granting a Credit to Cuba
In December 1962 Minister of Foreign Trade Ivan Budinov reported to Bulgarian Prime Minister Todor Zhivkov that Bulgaria's 1963 export plan will include the sale of munitions on credit to Cuba. Budinov notes that both the Soviet Union and Czechoslovakia are extending similar credits to the Cuban military. Budinov's report includes the amount of expected sales, proposed credit to extended, and a list of prospective munitions for sale. Budinov asks the Council of Ministers' to approve of the proposal.