• Short Summary

    In Zaire, the arrival of a delegation from the International Monetary Fund (IMF) has coincided with the opening of the sixth international trade fair.

  • Description

    1.
    SV President Mobutu Sese Seko of Zaire accompanied by Commissioner of State, Bomboko Kukumba, arriving for ceremony.
    0.08

    2.
    MV Trade fair sign.
    0.10

    3.
    MV PAN UP TO Giant stature.
    0.16

    4.
    SV President Mobutu inspecting armed guard. (2 SHOTS)
    0.27

    5.
    SV Officials watching dancers perform. (4 SHOTS)
    0.42

    6.
    SV & CU Togba Mata Boboy, Director General of fair, speaking with Mobutu listening. (SHOTS)
    0.51

    7.
    MV President Council of Administration Sengi Biembe speaking.
    0.56

    8.
    GV President Mobutu and crowd listening.
    1.01

    9.
    MV Commissioner Kukumba speaking.


    10.
    GV Mobutu cutting ribbon.
    1.05

    11.
    CU Sign "France" outside French pavilion and interior with Mobutu viewing exhibits. (5 SHOTS)
    1.44



    Initials JS/



    Script is copyright Reuters Limited. All rights reserved

    Background: In Zaire, the arrival of a delegation from the International Monetary Fund (IMF) has coincided with the opening of the sixth international trade fair. The IMF delegation is to have a series of meetings with Zairean bank officials on plans to revive the country's ailing economy. Zaire's President, Mobutu Sese Seko is hoping that the international interest in the fair will help his efforts to rebuild the economy.

    SYNOPSIS: The President opened the trade fair on Monday (16 July). He was accompanied by a State Commissioner, Bomboko Kukumba, on a tour of inspection over the twenty four thousand square metre site.

    President Mobutu realises the fair has opened at a crucial time for Zaire. The country's administration is badly in need of economic reforms. Government officials have already helped form a stabilisation plan which will be accompanied by a one hundred and fifty-million dollar stand-by credit from the International Monetary Fund.

    However the Director General of the Fair, Togba Mata Boboy, stressed the interest still being shown in zaire by foreign companies. In his address to the official party he said over three hundred foreign exhibitors from twenty one countries were represented at the fair. Altogether there are almost seven hundred exhibitors -- ten years after the first Kinshasa Fair was held.

    But as President Mobutu performed the opening ceremony, he was no doubt conscious of Zaire's decline since the inaugural exhibition. Bad economic planning, political upheavals and falling copper revenues have all transformed Zaire from one of black Africa's most constructive countries to a beggar of foreign aid.

    France is one overseas country President Mobutu can look to for assistance. France sent paratroops to Zaire to drive out rebels in Shaba last year. And the large French pavilion at the trade fair indicated that it will also be of economic assistance in Zaire's latest hour of need.

  • Tags

  • Data

    Film ID:
    VLVACKM9535Z1DCOGXGB85AQA6SMM
    Media URN:
    VLVACKM9535Z1DCOGXGB85AQA6SMM
    Group:
    Reuters - Source to be Verified
    Archive:
    Reuters
    Issue Date:
    18/07/1979
    Sound:
    Unknown
    HD Format:
    Available on request
    Stock:
    Colour
    Duration:
    00:01:46:00
    Time in/Out:
    /
    Canister:
    N/A

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