• Short Summary

    PERUVIAN FINANCE MINISTER GENERAL FRANCISCO MORALES BERMUDEZ FLEW INTO LONDON TODAY (WEDNESDAY) FOR ECONOMIC TALKS WITH THE BRITISH GOVERNMENT.

  • Description

    PERUVIAN FINANCE MINISTER GENERAL FRANCISCO MORALES BERMUDEZ FLEW INTO LONDON TODAY (WEDNESDAY) FOR ECONOMIC TALKS WITH THE BRITISH GOVERNMENT. HIS VISIT TO BRITAIN IS PART OF A EUROPEAN TOUR IN WHICH HE IS ASKING WESTERN CREDITORS TO EXTEND THE TIME LIMIT IN WHICH PERU MUST MEET ITS DEBTS.

    GENERAL MORALES BERMUDEZ SAID THAT SOME 70 PER CENT OF THE PERUVIAN DEBT TO WESTERN CREDITORS WOULD BECOME DUE WITHIN FOUR YEARS BEGINNING IN 1970. THE OVERALL DEBT AMOUNTED TO 847-MILLION DOLLARS (363-MILLION STERLING).

    PERU WANTS THE DEBT REPAYABLE OVER 10 YEARS IF POSSIBLE.

    THE FINANCE MINISTER SAID PERU COULD MEET THE EARLIER PAYMENTS TIMETABLE, BUT THIS WOULD PREVENT IT FROM CARRYING OUT ITS PLANNED NATIONAL DEVELOPMENT PROGRAMME.

    EARLIER IN PARIS HE TOLD PRESSMEN THAT THE COUNTRY'S MILITARY RULER WOULD CARRY THROUGH THEIR BASIC REFORM PROGRAMME, PROBABLY WITHIN A SPACE OF SIX YEARS. THEY WOULD THEN STEP DOWN FOR AN ELI???TED GOVERNMENT.

    GENERAL MORALES BERMUDEZ ARRIVED IN LONDON WITHIN 24 HOURS OF A BROADCAST BY PERUVIAN PRESIDENT JUAN VELASCO ALVARADO IN WHICH HE REAFFIRMED A POLICY OF DOMESTIC REFORM AND COMPLETE INDEPENDENCE IN INTERNATIONAL AFFAIRS.

    "THIS IS NOT A MARXIST REVOLUTION" HE TOLD HIS LISTENERS. HE SAID THEY SOUGHT PERUVIAN SOLUTIONS TO PERUVIAN PROBLEMS.

  • Tags

  • Data

    Film ID:
    VLVA8YYIPCQPNS48WS80M6G6XXD3M
    Media URN:
    VLVA8YYIPCQPNS48WS80M6G6XXD3M
    Group:
    Reuters - Source to be Verified
    Archive:
    Reuters
    Issue Date:
    30/07/1969
    Sound:
    Unknown
    HD Format:
    Available on request
    Stock:
    Colour
    Duration:
    00:01:19:00
    Time in/Out:
    /
    Canister:
    N/A

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