• Short Summary

    The world's leading finance ministers have been arriving in Nairobi Kenya for the beginning of their week-long conference on Monday (22 Sept)--the annual meeting of the International Monetary Fund (I.

  • Description

    The world's leading finance ministers have been arriving in Nairobi Kenya for the beginning of their week-long conference on Monday (22 Sept)--the annual meeting of the International Monetary Fund (I.M.F.)
    Arriving delegates expressed doubt that any substantive headway would be made in the Nairobi conference, but that the talks should serve as a useful way-station in the continuing negotiations seeking to forge a new world monetary system.

    Mr. Johannes Watteven, Secretary-General of the I.M.F. expressed is reservations at an airport news conference upon his arrival on Friday (21 September):
    SYNOPSIS: Japanese Finance Minister Kiichi Aichi is welcomed by Kenyan Finance Minister Mwai Kabaki at Nairobi Airport, as the world's top financial experts stream into the Kenyan capital for the start of the annual International Monetary Fund conference.

    While the conference officially opens on Monday, the "Committee of 20 Ministers" -- who are charged with reshaping the defective world currency system--will meet on Sunday to try and work out compromises in advance of the meeting of the full one-hundred and twenty-six nation body.

    Mr. Johannes Watteven, Secretary-General of the I.M.F. and Robert MacNamara, President of the World Bank, arrived in Nairobi on Friday... While there are major problems that the conference will have to try and resolve, there is not much hope that the Nairobi conference will result in any major solutions...At an airport news conference Mr. Watteven told what he expected of the Nairobi conference.

  • Tags

  • Data

    Film ID:
    VLVAD1MKN04NH6VX30Z94V37OY9G8
    Media URN:
    VLVAD1MKN04NH6VX30Z94V37OY9G8
    Group:
    Reuters - Including Visnews
    Archive:
    Reuters
    Issue Date:
    21/09/1973
    Sound:
    Unknown
    HD Format:
    Available on request
    Stock:
    Colour
    Duration:
    00:01:41:00
    Time in/Out:
    /
    Canister:
    N/A

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