• Short Summary

    THE GOVERNORS OF THE INTER-AMERICAN DEVELOPMENTAL BANK BEGAN FOUR-DAY CONFERENCE AT THE RESORT CITY OF PUNTA DEL ESTE IN URUGUAY IN MONDAY (20 APRIL) AMID MASSIVE SECURITY PRECAUTIONS AGAINST GUERILLA KIDNAPPERS.

  • Description

    THE GOVERNORS OF THE INTER-AMERICAN DEVELOPMENTAL BANK BEGAN FOUR-DAY CONFERENCE AT THE RESORT CITY OF PUNTA DEL ESTE IN URUGUAY IN MONDAY (20 APRIL) AMID MASSIVE SECURITY PRECAUTIONS AGAINST GUERILLA KIDNAPPERS.

    SECURITY PRECAUTIONS WERE TAKEN BECAUSE OF THE RECENT WAVE OF DIPLOMATIC KIDNAPPINGS IN LATIN AMERICA AND BECAUSE URUGUAY HAS AN ACTIVE GUERRILLA ORGANISATION CALLED THE TUPAMAROS WHICH HAS KIDNAPPED URUGUAYANS BUT NOT DIPLOMATS.

    THE BANK PRESIDENT FELIPE HERRERA SAID THE 11TH ANNUAL MEETING WAS ONE OF THE MOST IMPORTANT IN THE HISTORY OF THE CREDIT GRANTING ORGANISATION.

    REPRESENTATIVES OF 23 MEMBER COUNTRIES, INCLUDING THE AMERICAN TREASURY SECRETARY DAVID KENNEDY AND CHARLES MEYER, ASSISTANT SECRETARY FOR INTER - AMERICAN AFFAIRS, WERE THERE AS WELL AS OBSERVERS FROM INTERNATIONAL ORGANISATIONS, EUROPEAN COUNTRIES, AND CANADA AND JAPAN. ALSO ON HAND WAS URUGUAYAN PRESIDENT PACHECO ARECO WHO SPOKE TO THE DELEGATES.

    THE ANNUAL REPORT SAID THAT IN THE 1960's THE BANK WAS A MAJOR HELP TO ECONOMIC AND SOCIAL DEVELOPMENT IN SOUTH AMERICA AND THAT DURING 1969 THE BANK REACHED ITS HIGHEST LEVEL OF ACTIVITY MAKING LOANS OF MORE THAN 631 MILLION DOLLARS U.S. (GBP263 MILLION STERLING).

  • Tags

  • Data

    Film ID:
    VLVABY3DAKMNPYFGX5X0R6VHYSUCI
    Media URN:
    VLVABY3DAKMNPYFGX5X0R6VHYSUCI
    Group:
    Reuters - Incuding Visnews
    Archive:
    Reuters
    Issue Date:
    24/04/1970
    Sound:
    Unknown
    HD Format:
    Available on request
    Stock:
    Colour
    Duration:
    00:01:02:00
    Time in/Out:
    /
    Canister:
    N/A

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