Delegates from the United Nations Trade and Development Board gathered in Geneva on April 25 to discuss the economic plight of developing countries.
1. GV & CT Delegates from UN Trade and Development Board. (3 SHOTS) 0.11
2. SCU PULL BACK SV Secretary-General Gamani Corea speaks, Argentine representative Aguirre Lanari. (SOT) (4 SHOTS) 1.26
TRANSCRIPT: COREA: (SEQ 2) "I believe that the essential task of the Belgrade conference is to find agreement on the actions that are needed to bring about this process of recovery and the process of reactivating development. We have pointed to the acute difficulty which developing countries are facing today in respect of the resources available to them in respect even to their liquidity in the narrower sense of the word. The level of their reserves, their capacity to manage the servicing of their external indebtitedness, their capacity to manage the good ordering of even their essential imports, all these are handicapped and rendered difficult by the very tight squeeze that they are experiencing in regard to their liquidity. And we feel that this is a problem for this year for 1983 and 1984; and that if we talk of reactivating development we have to pay attention first of all to helping developing countries to get into a better position to manage their balance of payments and their external financial needs, their indebtedness and so on."
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Background: UNITED NATIONS
Delegates from the United Nations Trade and Development Board gathered in Geneva on April 25 to discuss the economic plight of developing countries. The meeting was a preliminary one for the sixth United Nations Conference on Trade and Development, UNCTAD SIX, to be held in the Yugoslavian capital, Belgrade, in June this year. UNCTAD'S Secretary-General, Gamani Corea, called for action at Belgrade to assist the developing nations.
Source: UNITED NATIONS TELEVISION