[February 15, 1921]

1) The Council of People's Commissars does not approve the import plan submitted to it, due to its overestimation by at least five times*.
2) The Council of People's Commissars instructs the Council of Labour and Defence to immediately create a general planning commission with the participation of experts, entrusting it (or its subcommittee) with the task of reducing this plan and revising it from the standpoint of the practical applicability of what is being purchased under our current economic conditions. The Council of Labour and Defence is to give final approval.
3) Pending revision of this plan, the People's Commissariat of Foreign Trade is not entitled to exceed 1/5 of the current plan for [individual items] of each of the 71 main applications; for the military department, 1/10; with the indispensable condition that the satisfaction of the needs of industry for fuel extraction and metallurgy be given priority. Exceptions are resolved by the Council of Labour and Defence.

On February 15, 1921, a report by the commission for revising the import plan was heard at a meeting of the Council of People's Commissars. The Council of People's Commissars approved the import plan presented by the commission as a basis for the further work of the planning commission and the Council of Foreign Trade under the People's Commissariat of Foreign Trade.