• Short Summary

    PRESIDENT MOBUTU OF CONGO-KINSHASA WAS GREETED AT THE ELYSEE PALACE BY PRESIDENT POMPIDOU IN PARIS TODAY (MONDAY).

  • Description

    PRESIDENT MOBUTU OF CONGO-KINSHASA WAS GREETED AT THE ELYSEE PALACE BY PRESIDENT POMPIDOU IN PARIS TODAY (MONDAY). THE OFFICIAL SIX-DAY VISIT OF PRESIDENT MOBUTU IS CREATING GREAT INTEREST IN FRANCE, FOR GENERAL MOBUTU HAS NOT COME AS LEADER OF A FORMER COLONY SEEKING TO CONTINUE GOOD RELATIONS. HE HAS COME AS THE HEAD OF A STRONG INDEPENDENT COUNTRY, AN ASSOCIATE MEMBER OF THE GROUP OF TEN - THE TEN WEALTHIEST NON-COMMUNIST INDUSTRIAL NATIONS.

    SYNOPSIS: AT THE ELYSEE PALACE LAST MONDAY, THE PRESIDENT OF CONGO-KINSHASA, GENERAL JOSEPH DESIRE MOBUTU PAID AN OFFICIAL VISIT TO THE PRESIDENT OF THE REPUBLIC, M. GEORGES POMPIDOU. PRESIDENT MOBUTU IS IN FRANCE ON AN OFFICIAL SIX-DAY VISIT. HIS STAY HERE IS CREATING GREAT INTEREST IN ECONOMIC AND FINANCIAL CIRCLES...FOR ME ISN'T HERE AS LEADER OF A FORMER FRENCH COLONY SEEKING TO MAINTAIN GOOD RELATIONS WITH FRANCE..BUT AS THE HEAD OF A STRONG INDEPENDENT COUNTRY, AN ASSOCIATE MEMBER OF THE INFLUENTIAL GROUP OF TEN.

    ONE OF THE MAJOR AIMS OF PRESIDENT MOBUTU IS TO EXPLAIN TO FRENCH INVESTORS THE OPPORTUNITIES FOR FINANCIAL INVESTMENT THAT HIS COUNTRY OFFERS. BUT HE WON'T BE GIVING MUCH AWAY. HE'S ALREADY SAID THAT NO COUNTRY IS TRULY INDEPENDENT UNLESS IT CONTROLS ITS OWN ECONOMY.

    AT THE SAME TIME, CONGO-KINSHASA HAS ONE OF THE MOST LIBERAL FOREIGN INVESTMENT POLICIES IN AFRICA. THE BELGIANS, AMERICANS, WEST GERMANS AND JAPANESE ARE ALREADY WELL ESTABLISHED THERE.... AND THE FRENCH ARE HOPING TO BREAK INTO THE MARKET. FRENCH AID TO THE CONGO IS NEAR GBP1 MILLION. THIS IS LIKELY TO BE REVIEWED NOW. AND 300 FRENCH ADVISERS AND TEACHERS ARE LIVING IN THE COUNTRY UNDER VARIOUS AID PROGRAMMERS.

    THE TWO PRESIDENTS WILL ALSO BE DISCUSSING THE CURRENCY OF THE CONGO. PRESIDENT MOBUTU WANTS HIS CURRENCY, THE ZAIRE, TO BE QUOTED AGAINST THE FRENCH FRANC, MAKING IT CONVERTIBLE IN FRENCH-SPEAKING AFRICAN COUNTRIES. THIS WILL HELP THE CONGO'S BUSINESS RELATIONSHIPS WITH ITS NEIGHBOURS.

    AFTER HIS VISIT TO FRANCE, PRESIDENT MOBUTU'S SEARCH FOR INVESTMENT WILL TAKE HIM ON TO JAPAN AND TAIWAN.

  • Tags

  • Data

    Film ID:
    VLVABIODAB5G0QGDGK6NHLR7ZBMGS
    Media URN:
    VLVABIODAB5G0QGDGK6NHLR7ZBMGS
    Group:
    Reuters - Source to be Verified
    Archive:
    Reuters
    Issue Date:
    29/03/1971
    Sound:
    Unknown
    HD Format:
    Available on request
    Stock:
    Colour
    Duration:
    00:01:40:00
    Time in/Out:
    /
    Canister:
    N/A

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