• Short Summary

    Finance Ministers from 24 of the world's developing nations met in Paris on Sunday (8 June) to discuss their position in the international monetary field, and to attempt to reach a joint standpoint on development matters.

  • Description

    Finance Ministers from 24 of the world's developing nations met in Paris on Sunday (8 June) to discuss their position in the international monetary field, and to attempt to reach a joint standpoint on development matters.

    Chaired by Sri Lanka's Finance Minister, Dr. Nanayakkarapathirage Martin Perera, the meeting involved representatives from eight of each of the continents of Asia, Africa and Latin America. The 24 represented a larger group of 77 developing nations within the International Monetary Fund (IMF).

    The two major issues facing the conference were the distribution of voting rights in the IMF, and ways in which IMF gold assets can be used to aid development.

    A joint communique was expected to emerge from the conference on Sunday, but differences of opinion delayed its presentation by Ministerial deputies.

    The talks are in preparation for a full-scales IMF discussion scheduled for 10 and 11 June.

  • Tags

  • Data

    Film ID:
    VLVA8C7WBIRJHXSJ1QCUIMKXD3CSZ
    Media URN:
    VLVA8C7WBIRJHXSJ1QCUIMKXD3CSZ
    Group:
    Reuters - Incuding Visnews
    Archive:
    Reuters
    Issue Date:
    09/06/1975
    Sound:
    Unknown
    HD Format:
    Available on request
    Stock:
    Colour
    Duration:
    00:00:49:00
    Time in/Out:
    /
    Canister:
    N/A

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