WESTERN HEMISPHERE BRIEF 160-75

Created: 10/15/1975

OCR scan of the original document, errors are possible

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2. LATIN AflERICAi LATIN AOERICAN AMD CARIBBEAN MINISTERS ARC

HEETINC IN PAN AHA ON OCTOBER IS TOEW ORGANIZATION TO

BE CALLED THE LATIN AilERICAN ECONOMIC SVSTCH.V

THE ORGANIZATION* WHICH JILL BE OPEN TO ALL THE lCVCLOPlNG COUNTNIES OP THE AREA BUT NOT TO THE US* WILL SEEK TO PROMOTE CCONONIC KVCLOPflENT AND TO SERVEORUfl IM WHICH TO PORHULATC CORtTON POSITIONS TO BE PRESCNTE> TO THE USi TO OTHER DEVELOPED COUNTRIES* AND TO INTERNATIONAL PORUnS.V

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SOME KEY QUESTIONS AOOUT THE NEW ORGANIZATION ARE YET TO BE SETTLED. SOME GOVERNMENTS* PARTICULARLY BRAZIL. ARC BOTHERED BY THE "SUPRANATIONAL"HE NEW ORGANIZATION. BRAZIL HANTS

ALL DECISIONS TO DE UNANIMOUS. AND THE MINISTERS HILL PROruUY AGREE

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THAT MAJORITY DECISIONS WILL BE OPERATIVE BUT NOT BINDING ON GOVERN-

MDJTS THAT ABSTAIN OR OPPOSE THEM.V

ANOTHER PROOLEti FOR BRAZIL AND OTHERS SEEMS TO DE DIMINISHING

AS COUNTRIES SUPPORTING THE NCU ORGANIZATION MAKE IT CLEAR THEY DO

NOT SEE THE NEK GROUP IN AN ADVERSARY RELATIONSHIP WITH THE US.

THE LOW-KEY. NON-CONTENTIOUS BEHAVIOR OF THE CUBANS IN THE

ELPED.V

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THE ESTABLISHMENT OF THE ECONlfllC SYSTEM IS ANOTHER EXAMPLE OF

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THE IMPACT "HE ORGANIZATION OF PETROLEUM EXPORTING COUNTRIES HAS

HAD ON LESS DEVELOPED NATIONS. WHO SEE OPEC UNITYEY TO

EXERTING PRESSURE SUCCESSFULLY ON THE DEVELOPED WORLD-

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Original document.

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