Recalls a conversation with Heldring of the Netherlands Council for Trade Promotion, during which Heldring said he had received word from the North Koreans that they were willing to sign the proposed agreement even though they kept urging the establishment of a permanent trade mission. Heldring pointed out such a mission had recently been established in Switzerland and similar contacts were ongoing in the Scandinavian countries. The Dutch company VMF had, however, by now changed to a much more cautious position because of its South Korean interests. Heldring was putting of a reciprocal visit to North Korea until he knew the Ministry's position.

The note points out the North Korean mission in Paris (since 1968) and the intent of both the Swiss and the Austrians to establish similar missions soon. It mentions the drying up of significant communist loans as a motivation for Pyongyang's increasingly Western economic orientation, particularly through machine and equipment import.

Hermann questioned Putiwtz on North Korea's foreign policy, including its relations with other socialist countries, Pakistan, and capitalist coutries while Putiwitz discussed economic cooperation and political relations between the Soviet Union and North Korea.