• Short Summary

    FINANCE MINISTERS FROM 15 FRANC ZONES HAVE MET IN PARIS TO DISCUSS FRANCE'S ATTITUDE TO INTERNATIONAL MONETARY REFORM.

  • Description

    FINANCE MINISTERS FROM 15 FRANC ZONES HAVE MET IN PARIS TO DISCUSS FRANCE'S ATTITUDE TO INTERNATIONAL MONETARY REFORM. THE MINISTERS MET WITH THE FRENCH MINISTER OF FINANCE, MICHEL DESRE.

    FOURTEEN AFRICAN STATES, WHOSE CURRENCIES UNDER THE FRANC ZONE CONSTITUTION ARE GUARANTEED BY FRANCE, DECIDED AT THE MEETING TO STUDY FRANCE'S STAND ON THIS MATTER AND ON STRUCTURAL INTERNATIONAL MONETARY FUND REFORM BEFORE A FUTURE MEETING IN SEPTEMBER. THE INTERNATIONAL MONETARY FUND HAS A MEETING SCHEDULED FOR THE SAME MONTH.

    THE FINANCE MINISTER OF MALI, LOUIS NEGRE, SAID AFTER THE TALKS THAT THE MEETING HAD NOT PRODUCED ANYTHING CONCRETE. HE SAID THAT AS A WHOLE THE AFRICAN DELEGATES SAW NO CORRELATION BETWEEN FRANC ZONE SOLIDARITY AND ANY INDIVIDUAL DECISION BY A MEMBER COUNTRY ON A QUESTION OF INTERNATIONAL FINANCIAL REFORM.

    MR. NEGRE SAID MALI'S OWN POSITION WOULD DEPEND ON THE DUAL CONSIDERATIONS OF HER OWN ECONOMIC SITUATION AND SOLIDARITY WITHIN THE WEST AFRICAN MONETARY UNION, WHICH IS A SUB-ZONE WITHIN THE FRANC ZONE. THE OTHER TWO SUB-ZONES ARE THE EQUATORIAL AFRICAN CENTRAL BANK UNION AND THE MADAGASCAR ISSUING AUTHORITY.

    THE MEMBER STATES OF THE FRANC ZONE ARE CENTRAL AFRICA, IVORY COAST, DAHOMEY, GABON, UPPER VOLTA, MADAGASCAR, MALI, MAURITANIA, NIGERIA, CHAD, TOGO, SENEGAL, CAMEROUN, CONGO AND FRANCE.

  • Tags

  • Data

    Film ID:
    VLVABIGDU86DPVOHO1NATDBOZYPXZ
    Media URN:
    VLVABIGDU86DPVOHO1NATDBOZYPXZ
    Group:
    Reuters - Including Visnews
    Archive:
    Reuters
    Issue Date:
    22/04/1968
    Sound:
    Unknown
    HD Format:
    Available on request
    Stock:
    Colour
    Duration:
    00:02:18:00
    Time in/Out:
    /
    Canister:
    N/A

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