• Short Summary

    A NEW YAOUNDE CONVENTION LINKING THE SIX COUNTRIES OF THE COMMON MARKET WITH 18 ASSOCIATED AFRICAN AND MALAGASY STATES WAS SIGNED IN THE CAMEROON LAST TUESDAY (29 JULY).

  • Description

    A NEW YAOUNDE CONVENTION LINKING THE SIX COUNTRIES OF THE COMMON MARKET WITH 18 ASSOCIATED AFRICAN AND MALAGASY STATES WAS SIGNED IN THE CAMEROON LAST TUESDAY (29 JULY).

    DUTCH FOREIGN MINISTER JOSEF SIGNED ON BEHALF OF THE EUROPE ECONOMIC COMMUNITY ( E E C) OF WHICH HE IS THE PRESIDENT. SPEECHES EXPRESSING APPROVAL OF THE NEW TREATY WERE MADE BY M. AHMABOU AHIDJO, CAMEROUN'S HEAD OF STATE, HIS FOREIGN MINISTER MAR DAOUDA BADAROU, AND HIS MINISTER FOR PLANNING AND DEVELOPMENT, M. VINCENT EFON; OTHER SPEAKERS WERE M. JEAN REY, PRESIDENT OF THE E E C COMMISSION; AND THE FRENCH REPRESENTATIVE, M. BOURGES.

    THE FIVE-YEAR AGREEMENT WHICH OFFERS A PACKAGE OF TRADE AND AID ADVANTAGES TO THE 18 ASSOCIATED STATES, RENEWS THE FIRST FIVE-YEAR YAOUNDE CONVENTION LINKING THE E E C WITH ITS FORMER AFRICAN COLONIES. SIX MONTHS OF NEGOTIATION WERE NEEDED TO COMPLETE THE NEW VERSION, UNDER WHICH THE E E C MAINTAINS A FREE TRADE ZONE WITH ITS ASSOCIATES OFFERS THEM 900 MILLION DOLLARS (375 MILLION STERLING) IN SOFT-TERM LOANS AND 100 MILLION DOLLARS (42 MILLION STERLING) IN ORDINARY LOANS FROM ITS EUROPEAN INVESTMENT BANK.

    REFERRING TO THE LOWERING OF E E C IMPORT DUTIES ON KEY COMMODITIES FROM OTHER DEVELOPING NATIONS - A PROVISION INCLUDED ON UNITED NATIONS INSISTENCE - AND THE FAILURE TO MEET THE ASSOCIATED STATES' REQUESTS FOR AID IN FULL, MR LUNS SPOKE OF THE COMMUNITY'S LIMITED FINANCIAL RESOURCES AND INTERNATIONAL RESPONSIBILITIES. THE AFRICAN SPEAKERS AT THE CEREMONY WELCOMED THE AGREEMENT. M. EFON SAID THE NEW PHASE IN THE CO-OPERATION BETWEEN THE SIGNATORIES GUARANTEED A BETTER FUTURE AND PROVED THE SUCCESS OF THE EARLIER PHASE. M. JEAN REY CALLED THE YAOUNDE CONVENTION A MODEL AGREEMENT SHOWING HOW AID SHOULD BE CHANNELLED FROM INDUSTRIALISED TO LESS DEVELOPED NATIONS. PRESIDENT AHIDJO SAID IT SHOULD BE REALISED THAT THE FUTURE OF HUMANITY LAY JUST A MUCH. IF NOT MORE, IN ELEMENTARY ECONOMIC JUSTICE AND WARMTH OF HUMAN FELLOW FEELING AS IN PLANETARY CONQUESTS.

    OTHER SPEAKERS AT THE SIGNING CEREMONY WERE M. BARADOU AND M. BOURGES.

  • Tags

  • Data

    Film ID:
    VLVA87RP41JYGN4Q6JE4C54MEODXK
    Media URN:
    VLVA87RP41JYGN4Q6JE4C54MEODXK
    Group:
    Reuters - Incuding Visnews
    Archive:
    Reuters
    Issue Date:
    02/08/1969
    Sound:
    Unknown
    HD Format:
    Available on request
    Stock:
    Black & White
    Duration:
    00:01:37:00
    Time in/Out:
    /
    Canister:
    N/A

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