Joint Working Group on Production, Finance and Military Requirements Problems

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Joint Working Group on Production, Finance and Military Requirements Problems

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Description area

Dates of existence

1951-1952

History

The AC/8 chronological series contains the records of the Joint Working Group on Production, Finance and Military Requirements. The Joint Working Group was created by the Council Deputies on 30 July 1951 to prepare an overall picture of the defence problem as it then stood, expressed in financial terms. The group was also tasked to analyze the financial, military and economic questions arising from the above picture to recommend to the Council Deputies courses of action to be followed by each NATO body concerned.The meetings were attended by representatives of the Defence Production Board, the Financial and Economics Board, the Standing Group and the United States Major Defence Acquisition Program (MDAP).The Joint Working Group held its first meeting on 17 August 1951 and met six more times over the next 5 months, with the last meeting held on 4 Dec 1951. As a result of their discussions, the Joint Working Group recommended the creation of the Statistical Coordinating and Screening Committee, and drafted their terms of reference.

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AC/8

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