• Short Summary

    Speeches by the Nigerian and Austrian delegates to the fourth United Nations Conference on Trade and Development (UNCTAD) on Monday (10 May) reflected the anxieties between industrialised and developing nations over aid and raw materials.

  • Description

    Speeches by the Nigerian and Austrian delegates to the fourth United Nations Conference on Trade and Development (UNCTAD) on Monday (10 May) reflected the anxieties between industrialised and developing nations over aid and raw materials.

    The Nigerian delegate, the Commissioner for Trade, Major General Mohammed Shuwa, stressed that Nigeria has given other developing African nations financial aid through the African Development Bank and a special trust fund. Major General Shuwa also said that Nigeria had entered a number of co-operative economic projects with developing nations. He added that although the industrialised nations might not be impressed by Nigeria's contribution, it constituted a considerable sacrifice for his country.

    Later, Austrian delegate Herr Joseph Staribachar, the Federal Minister for Trade, Commerce and Industry, said that industrialised nations were concerned for the security of supply for their raw materials from Third World nations.

    Herr Staribachar said that a main objective for the conference was international action on the price of raw materials. Price should be stabilized at a level to both consumers and producers.

    SYNOPSIS: Nairobi where, on Monday, the fourth United Nations Conference on Trade and Development continued with speeches by the Nigerian and Austrian delegates. Major General Shuwa of Nigeria spoke first.

  • Tags

  • Data

    Film ID:
    VLVAEU2O8H5WPOXS6KDUMHWZ2TVG9
    Media URN:
    VLVAEU2O8H5WPOXS6KDUMHWZ2TVG9
    Group:
    Reuters - Source to be Verified
    Archive:
    Reuters
    Issue Date:
    12/05/1976
    Sound:
    Unknown
    HD Format:
    Available on request
    Stock:
    Colour
    Duration:
    00:02:08:00
    Time in/Out:
    /
    Canister:
    N/A

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