Soviet Ambassador to Iran Sadchikov informs the Soviet leadership that Qavam claims not to be delaying Majlis elections in order to avoid implementing the Soviet Union's oil concession in Iran. Qavam instead insists that elections will be held once there is an acceptable resolution to the Azerbaijani and Qashqai conflicts as well as other conditions necessary to ensure a majority in the Majlis.

Stalin and Iranian Prime Minister Ahmad Qavam discuss the future of the Soviet-Iranian relationship, Qavam's slim majority in the Majlis, the withdrawal of Soviet troops, the possibility of a Soviet oil concession in Iran, and the risks of Azerbaijani autonomy.

The Politburo approves the establishment of a mixed Soviet-Xinjiang company to operate the Dushanzi Refinery and outlines the company's management and funding structure.

During the visit of Saddam Hussein to the Soviet Union, the delegation discussed with Soviet leaders the need for strengthening Iraqi-Soviet relations to give positive guidance on the situation in the Middle East. The Iraqi delegation also promoted their intention to develop relations with other Arab states in order to decrease the effects of imperialism. Topics of discussion also included Iraqi oil policy and domestic conflict.

Plans for the organization of a hyrdogeological detachment to begin prospecting work for oil in northern Iran.

A decree on prospecting and drilling for oil in Northern Iran, detailing the exact plans of the Soviet Union.

Sadchikov expresses the Soviet government's interest in exploring a joint oil company using Northern Iranian oil.

The Shah of Iran agrees to starting a Soviet-Iranian oil company using oil from Northern Iran. The letter contains Iran's conditions for this company and the promise that a treaty will soon follow this letter.

The Iran Party's statement is critical of the recent loans made to Iran by the Americans and the British, which it believes will leave Iran indebted to countries that just want to exploit the people and resources of Iran. Also includes various Iranian trade figures.

Draft set of instructions for the Soviet Ambassador to Iran, Sadchikov. Indicates several areas for him to pay attention to and report on, specifically Iranian national liberation movements, the "National Front," and plans for nationalizing the oil industry. Also note that he should be especially careful to not appear as if the Soviet Union is taking a stance against Mohammad Mossadegh.