Delegates from 22 Latin American and Caribbean nations are meeting in Buenos Aires in an attempt to draw up a common policy to improve trade with the Six-Nation European Economic Community (EEC).
Delegates from 22 Latin American and Caribbean nations are meeting in Buenos Aires in an attempt to draw up a common policy to improve trade with the Six-Nation European Economic Community (EEC). The talks began on Monday (July 20)
The meeting of the Latin American Special Co-ordination Commission (CECLA) follows a call by Argentina for concerted action to reach agreement with the EEC following more than ten years of largely fruitless negotiations.
The impact of the EEC's tariff policies on Latin American exports, particularly its agricultural products, has been a matter of concern for both sides ever since the European Common Market was set up under the 1958 Treaty of Rome.
Now, according to a high ranking Latin American official - who did not wish to be identified - growing "protectionist" tendencies in the United States Congress might force South American countries to reach a hasty agreement with the EEC to protect their own trade.
Legislation tentatively approved by the US House of Representative Ways and Means Committee last week, would impose mandatory quotas on imports of textiles and shoes and give President Nixon authority to impose quotas on imports of other products, according to the official.
The ten day meeting is being attended by all Latin American nations, except Cuba, and by representatives from Barbados, Jamaica and Trinidad. Also present are observers from Guyana.