Foreign trade newsletter : no. 14

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E/CN.. 14ISTC/FTN/14

UNITED NATIONS

ECONOMICCOMM"ISSION FOR AFRICA

...

FOREIGN. TRADE.NEWSLETTER

No•. 14

MAY 1966

.-

f.

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•

FOl{EICf}J TllADE IfEl'fSLETTER

No.

14

CONTilJTS

DJ.~V}~LOPf.J[LNTS J'i.T 1'1. GLAIJCE IJEWS DIG£ST

~XT}~I(i.r.AL j~S3IST.Al::C^,I CJiLIITS AId) m'EST1l.81ITS

E/CN.14/STC/FTN/14

i i

1

COTI1I0IJITY n}~ws

...

;.""

~~66-70~

·t7

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FOREwORD

The Foreign Trade Newsletter is prepared

by

the Trade Section of the Economic Commission for Africa.

The information published has been so far almost entirely based on reports in newspapers and periodicals; the

secret~riat

cannot therefore be resFonsible for inaccuracies or deficiencies. It is hoped that it will be increasingly possible to publish information received directly from member stdtes, in pursuance of the recommendation of the Standing Committee on Trade at its first session that the secretariat should be kept informed on a

regular

basis

^by individual Afl"'ican

governments of

Si6~ificant

developments

in

trade and payments.

nlis

issue includes materidl received from November 1965 to February 1966, inclusive.

The geovraphical names in the Newsletter do not imply endorsement

or acoeptance

by

the United Nations.

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c.~~1:1 C tili C ~1c:

th1itC:.Q f.3 i11

CO:nClllcLcG t:.CQ3.C:.~.~'I·(~ (;lJ~~:{lT ^• ^I ,rl-Cil~

1tn':01a

~ . _ -

i I

E:;l() tL'ici

Y1UL10(.:l' Oi' i.jl-~·J::t Ce-LltiCt.·) tc .i.:cctect loc,,~. :J2.11U..1',_.;.C i-~';", ,I).

i i i

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BE; C l'll:LO.,Yl, .1_'.11d.

U.K. approves ~51.7 thousan~ Grant for livG8tock water supplies, p. 21

~,-.... ..., .

.uLl..i.~U11Cl

\

Obtn.itls Drl

5

111illi()11 f:rOfi! :i-8St Ck~I"·F1D.11:!· f'c).r textile rnill, 1). 22 Cdcroo:n

COllci0 (B.I\azz[ivill~)

EtL.i0I)i.I:.

}~eceives J;,715,OOO loc;.rl ^fl"OLl lIu:(1c..,8.1\Y for ~t.')llicultux'al ~'r'ojects, 1':. 24 IEB.D Ctl="I")rov(~s

$4.8

rnillion 10al1 i"Ol~ teleCOi~lcr~;.Ylic_.:tiOl18 l)~coject, p. 2/+

iv

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•

Gr:·-Ion:~ .

CC:lclu;:'.. es tccL.'nic)l aid 3.b.i'C8iL1e:nt i I itl:~ Ca:na(~.a, IJ.

27

GUillL[l.

Si~ns

GioDS l~:1.~otocol on tl.'.:~.,-^G ^..ne tech.nical CO-OPCl",.,tion wi til Yugoslavia,p. 2 COInpletcs seV6J::' ~l illC;."U.[Jti^li .~l rly'oJucts, p.

27

:l~6ceives ~~,2.8 lJiJ..lic~C1 -vlortL. O~( .:'icc ~~l"Oin tL.f;

u.s.,

p. 2:j

for-I-'eJ.CG .i..'ice, p. 2)

- v -

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J_p,~n Pl'Ovide s teCl:ltlic:~,l ...,8 Sl~':t ..~ncG 01-' I'u boer v.na }..l·:lLtic^f3 f,~~c tOI·~· ,p ..2) Obt ...in~:J U.~=. loan fOl~ fi:nanoinb~ nel'l IlydI'o-electr,ic pOltfer" stc.Ytion,p.

30

j:t.toei·v-es ~786,OO lO ..^d:l ^fTOill ./:-11: fOl~ :.)j.S<lil1l.L;. l);lm, lIe

30

lLeceives 50,000 t011t3 of' dl-lize frOIfl tl1e U.S., p. 30

IlnJ?OS8t> c..ut~·· on l',LCio i~eC(~lvint.J 8

t8,

ttc., p.

47

I~',trocLuce s n€\f irfil.;Ol't liE.~ t..l.~.LCt icnb 9 p.

42

l1.nrlOUl'lCeS a 'bill ^to establisll tlJ.L: C8nt~~~-l1 J3L~n.K of l(enJ/~.", p.

72

LibEl-.ia

Obtains $7<33,000 \·rorth of ric8 fl'Oln tIle U·.~-)., p. 30

Receives $1.5 rnillion 6_evelol:.rnent loan fl.'oia til8 U.

:S.,

p. 31 Estbl'isl18S triG Lib'..l-.i ..;.n :J ^nL"C ^fOl"l Indubtril }~:eveloJ)m€lJ.t anti

Concludes ~c.l'a.(~C "'-'orCE::iaent '~{i t~l DGllIi13I'k ,.nd S\;lit l~(. l"lc::~ncL, p. 3

Gr::.,rlts frefE~l'eYltial stat'us to si~( 11e'ri~' raallU!·act1.1ri% comp~3..nies, p. 31

l-Jlc~..i;fies ocr^{l; .•.}i.n irnl,·ort ...~nC-- E.;XlCI"t _t2XC~'7 p. 48

Introduces increa.sed ^C'ustOIIlS clutiEs ..nu iJ.:1I-OI't restrictions, p.

49

vi

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E/C~Te14/dTC/FTN/14

Mali

Ren0lJ"S tr:iC1e "·b~Cee[Ut..nt 1vitl1 US0IL, p.

4

Cig~rette ~nd

match

fdctories

built

wi~h iindnciul _~id

from China

(Ivlainl.~"nd.), p.

31

IJiorocco

Cohc'ludes' anci l'ene1tlS sev·er·...Ll tl~aCLe ae;'reernents, p.

4

neviS60 list of permitted iilllorts, p.

50

1\10zanlbic.!ue

Announces certZvin Cr.i.cli:lt,eu in eXpoIlt clutie s, p.

70 .'

Synt~tletic fibre mill unCLCI' constructio11 in l\forthern Nigeria, p. 32 Japanese busi'ness G'roup ..~n6. I}"1(j assi;3t ill textilefactory eXI:ansion,p.32

.l~~eceiv8S ~lOO,OOO froIl1 Canada for forest cLevelol>ment in Ed-stern

Ifibe~'lia, p.

32

Canad~arl. ex:p~l'ts to st~c.Ly vi,ater sUI-<ply in. ~~'este'rn l'JJ.geria, p. 33 l\Test Cerumny aSdi ts in forG1.J,tic'n ot J:Ti·t::€l~i~;;;.n'i"i.·ir'

Fc.rce,

p.

33

1~8ceives fr~gi~te. fr<;;141 tIle 1'fetllerland.s,-p,".33· ,

'vlill 'btlild~ l)a~l.n. i-\:eI'Yl~l oil r.nill i~. BD.~tern Nigeri,;l, p.

33

:l~xpands tLie Industl'"li:.ll and A,-,.l~icultUl"'al Co.Ltd., p.

34

CDC inveats *,5QO,POO in· tllr8e enteI'pri3es i.n l\forther'n. I~it;.eria, p.34

m~SF 11elps stUG.y of rOdd. improVe~i1e1:1t, p.

34

B.ecei yes ;'571,000 loan lrOlll .AID.fo+, pUrCllEtSe o·f tele}Jholles, p.

35

Anrlounce s ceI,tain tar'iff' crld.nE:e s, .:p•. ·70.:

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E/CN.14/STC/FTN!14

Rwanda

Concludes abTeement with Belgtum and Netherlands for construction of a

st~te

technical school,

p.

35 Sierra

Leone

Buys _~l

rnillion

wortll of dGricultural machinel-"y f'rom USSR, 1'.

5 Receives

_~61,OOO

interest-free loan from .U.K. for railwdy bridge,p.35 Somalia

IMF authorizes drawings of $2.8 million, p. 35 Sudan

Concludes trade

~~reement

with India,

~. 6

Receives $31 million .from IBhD ~for railw"ay improvement and

expansion, p.

36

AID makes $5.9 million loan for roads and

_air~ort

runways, p. 31

Tanza.nia

IDA grclll·ts crec..i t of

$5

million-for '=16ricultural development, p-

37

Isrdel to COl1stru.ct industrial estate, p.

38

Two Dutcll firrns to set up a h~~rd fi-bre s~inning mill,

p. 39

:t::fetherlands Ove:rseaB _{Fin\_~nce} Co.Ltd. invests in Tanganyika, .

Development Finance

Co.Lt~~,

p.38

UNSF·makes

~250,OOO

lO3,n for Productivity Institute, p. 39

--:.

Irnposes G.uty on l'\adio :receivihg sets, etc. p.

10

Introduces- _ne~i impor restricticns, p.

71 bstdOlishes the B3l1k of Tanzania,' p. 77

- viii

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' )..

E/CN.14/STC/FTN/14

,;~enB"W's 8eV€1~~1 t:cad.e aG,reernf;nts, p. 6 C011cludes 8.gJ:'eeme:rlt ~rith £l~I, p. 39

Flcceives $650,000 f'rom tlle

u.s.

^to d.e"vela}) cattle rancllos, p.

39

In traduce s cel"t~in imlort .restrictio11S, p.

75

Signs

severdl

tr~~e dbreements, p.

7

J~~l.;an a(jrees to lend $50 nlillion, p. 4C!

Receives ±t15 h1illio11 loan froE1 KUirrait, p.

40

Concludes industI'iJl OO-OP8Il' tion ~j.n(l tec.b.{~ic·_¥l as~ist:nce agreeiaent

with Spain, p. 41

u. s.

^l-rovides

$55

rnillicn \liOl~tll of surI~lus -:i:~'ri(;ultU2"t,-{,l

commodities, p.

41

itbOliGhes oe:L't.. in cuti£s, p.

75

Zarnbl8_

Lever Brothers to

const~uct Qet~rbent

11ant,

p.

41

Announces establisllment of' a St,.lte BeU11<, p.

77

ix

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,

..

E/CN.14/STC/FTN/14

rrb.e Algeriarl JOL~rl12vl Offioiel of 10 DeC61n'ber

1965

arJ110unoed tIle sig11atLlre, 011

29

J'ul~l

1964,

of a tl~ade a{-~~reen~~e:n_t bet·~feerl Algeria arId S;{ria 1'fl1icll is valid for" 01':'8 ;)leal~ fronl

25

lToveIl1ber

1965,

and thereafter

rene1iable -by taci

t

agreernellt ..

Algeria.tl ex.ports to S~yria, cornprise SaIne

75

i terns and lv-ill include

wines, citrus fruits, tyres, phosphates, essential oils,

maohine~',

tractol's, motor cal"\s, oil and petrolellll1 products. Syrian exports to

Algeria ·will incluue co:nfectionery, tobacco, oils, textile fabrics, pumps, handicraft prod'ucts anCl plastic products.

l\fo quota

values aIle gi'le11.

(Board of Trade Journal, London, 2l/l/66)

Ghana - Czechoslovakia

It has bee11 anno'urlced that Ghana and Czeclloslovakia had signed two

agreements extending economic co-operation between them.

1¹he fil'st, a f:3u,pplelnentary protocol t~ 'bJ18 longo-term trade agreement of

1961,

establislles the arl'langemel'lt for tLl8 exchange of €;'oods in

1966.

Czecl10s1ov·a~~ia ~[ill 8up~plJr to Gllana engi11eering l)roducts? investrnent tillits, tl-'aotol--'s, cars, te:.'Ctiles, footvlear, [nalt, hops and costume jewel- lery. 3118 lrill also cornplete the OOY1StI~uctio11 of a 8ug'ar ref~ir.ery at

KorIlerlcLa allQ. a s110e factor;v. Czech im)!orts fronl Glla11a ~fill i11clude e.h:otic tirl1oer, oilseeds~ "tobacoo arIcl all illc:ceased q'uantit~l of cocoa beans. To facili tate tIle expa11si!on of trade, the credit limit provided by CZ.eoho- slovakia will be doubled.

The ^seCOliCi '~:las a protocol adj'usting sorIle of the terms of the

1961

agreeme:nt all economic CO -ope reitiorl. lrfitl1il1 the s cope of tIle agreenlel1

t,

Czeolloslovak.ia 'Hill s'upj)13^r Glla11a viitIl a f"'actor~y for the producti~n of cera111ics ..· and 1litl1 installatiOilS f'or wa ter economy.

(Board of Trade JO'urnal, Lolldon,

18/2/66)

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E/Cl'J.14/STC/FT1T/lf_t Page 2

Ghana - F13,s

t

Gern1any

On

29

December

1965,

Ghana and East GeITIlany signed a protocol for a

1966

trade agreement which will double the volume of trade

between the

two countries. Under the agreement Ghana will export cocoa beans and products, tinlber, t::copical fruit and other pl'"'oducts, and in1port East German macllinery al1d equipment, vellic1es, pharrnaceutical products an'd consumer goods.

(Africa, Paris,

31/12/65;

Financial Times, London,

31/12/65)

Ghana - Hunga;y

A trade agreement has been concluded in December

1965

with

Hungary,

coverillg' tIle year

1966,

under whicll Ghaila will provide wood, cocoa and cOllsurner gnods in e,~changle for brick'\~rorks equipment, textiles, shoes and rnedicines.

(Africa₉ Paris,

31/12/65;

Financial Times, London,

31/12/65)

Guinea - IVlali

On

17

Se:ptember

1965,

G'uinea ancl IVlali signed a trade agreement,

"tvllich 1:)rovides for an exchane;e of cOffilnodities valued at Malian or

Guinean

francs 300 million ($1.2 million) over a period of one year. Mali will deliver grounc1nut oil, Ineat and mango jUice, and_ will receive plyw·ood, coffee, pineapple juice and bananas from Guinea.

(International Financial News Survey, Washington,

17/12/65)

Guinea~'- 'Yugoslavia

It is reported that a protocol on trade and technical co-operation between Guinea and Yugoslavi& was signed on 28 Deoember

1965.

The protocol provides for a considerable increase in trade compared with the present level. Yugoslav exports to Guinea will inclucle -textiles, pharmaceuticals, food products? equipment and spare l)arts. Guinea will export bananas, pineapples, coffee and other agricultural products.

(Board of Trade Jo'ur11al, Lolldon,

21/1/66)

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•

·1L~I/S·J1C/^1?TN/14 3

vTill illlJ)ort llloat, 11011eJT, ·lrisu ve(-,etc~.~bl.;s, fl...·LCj.t~3, llut , coffee, coco~

rel(;~tir:t£.' to traCLe, pro-t~JC~Gi⁰¹¹ ⁰f illve str:lellt alL]. tl~cllllion.1 co-01)(; ret.ti 0rio9

stipulates tb.at tll::?- t·~{O COLlll-cries lrill accord 8a011 ott~Ci.· ^l.tlOSt ....fdVOU.T8d-

trade a,l'1d rdci)I'ocal GUy).:)l;y 0f i:nfo::ClnatiOll i:n COlnlnercial 1110.,tte_l~S.

from investments is guaranteed; e~uitable indemnitiss i~ case of nation- alizatio:n or 8J:propriatioYl C1T'e pro\ricled fOl~; arl~L C=L Llixed COLlLlissior.!. eJ.lc:.ru·ed 14itL. the SlLIJervisio11 of' tl::8 ope::catiOYl of ^tl1f; uG'reeEi8ilt is estc:;,"blislled.

Prod'Llcts ~Ib.icll carl "be irnported i11tO 0w"itzerlc"'v11ct TJittl.out (luota li1.1it ..- ations

include

coffee,

vanilla,

cloves, pepger, rice, 6~aphite, mic~,

Cro'W1U1TUts, sl~illS, cCvstor oil, and "tclpioca.

TIle rlal:~,g:as3r 118public '>rill O)erl al111uc~1 Cluotas fOI' v:':iriou_s ~'~{iss

products, _notabl~j- lratCJ:18S 3.1'ld clock~s (Sl~ 290,OOC)) liriti~::() urld calculstii'10 rnacllilles (~3F1 lOO~OOO); pllotf>~:-:.'rapllic a11Q cillerna eqtli)E1811t a~~J.G. record

pla~yo:~8 (oF lOU,OO(;)~ te:x:tile;3 (3}' l0090uG); Llill<: arl:..l cb.eese (SF 136~Ch._\..._,~!.

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E/CIJ.14/'~/rC/FTlr/14

4

bCOl10ruic relatiol'lS bet~ieeYl tl18 two courltries 'L;ere exarni11ed and the cornrno- elitie s to -be exc}larlged durirlg

1966

1iere specified.

'rile iTal'uG oft goode; excllc~11Led in

1964

'was sorne

15

rnillion rubles

16 •

C;

5

lTlj.ll:ion).

(IrLte:c:nd.tio:nal T¹i.i1ej,JIcial -(-)vn3 0urve~v'') ~{~}'s}li!1gtOYl9

7/1/65)

IIIl).-co ceo

, ,,-__.o..^-~_,._... _-"_'_' _

CUba

/13/65

18/'2/65

(effective

1/1/66)

lJe"u tT'ac1e ag:ceenK-j:nt₉ .p=,_"'ovidi116

foJ.~ c"l total trade

ttll--tncver

of If-I iTli 11 i 011 ( •

5

rni 1- lio~n)•

piorOCCal'1 eXPol,..ts~. Pllospha tes9

dried frLLits, citru~) frL~its

., .. , I ' l - ..,

al.L..L Cal'lneLL I l 811.

Bul ..:::·'arial1 eXl)oJ~·ts Chemical

_ _._u • _ _~_ _,~

})i'OCt'L.lCt3~ feI'tilizers , tobacco

anCi~ 8ciuiprn(;;Ylt 111atsriE,ls. I:n 1',lo:cocco^f~3 imports from and ex)orts to Bulgaria arnou.llted to rnil1ion eacl1.

CLlba:n~xport~~ Quotas estci.- blis}18Cl foX' u1.1.refirled sugar allQ tobacco p~coducts.

}1~o:coccall exports.~· Di'Jided illtc tTlo listsg (1) phos- pb.a tes? tiulle d f"isll, fish meal, dried beans, miscel-

l~neous foodstuffs, ammoniwn 11itrate, arId other IJJ::odv..cts beillij' Goods for w-l'lic}l tllel"'6 are fixed quota values; (2) pro te^ill coY10ellt~cates, ^col"'k proz.lucts, gl,assl.'irare, veg~eta1Jle

horsellair, TeadJ"-made clotll-

ing,

~mmonia,

lorries,

asbes- tos corrcrete pipin~, cereals, canarJ eeds, formica, essen- tia,l oils, plas tic InateTial, radiators, leather shoe

welts,

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,

E/C]\J.14/STC/FT1~/114 '

5 Italy 28/1/61 1/1/66

1 year

Greeee 1961 1/11/65

^{1 year}

Spain

1962 1/7/65

1 ~lear

Count!'l Sign~~d

Cu'ba (corlt'd)

·_t....le_n_e_.,.._vlb_~^d_··-

V_a_l_i_d._i_t...

Y'-

Remc""""'..

~i_~k_s _

• '.

USSR 30/11/65 3

years

insecticides and disinfec- tall ts, feI'\ro us sulpl1Cl te, agaragar, paper pulp, woollen blalllce ts, fir'e 'bricks, tex-

tiles, enamel

arti~les

and

rnaize, ~l)eillg il1dicative 0111y.

Quotas rernai11 uncb.anged.

(~uotas rernain uncllanged.

Rel1e'vlal bf the adclitional

protocol to the trade agree- ment of 1962. Quotas remain

unchang'ed.

Moroccan eXEortsg Citrus

fruits,

cork, cotten, wool)

wi11es and handicraft prod'ucts.

USSlt exports~ iVlacl1i11e tools, -;a;th.rno;'inb' machinery, tex~le

machinery, trac~rs al1d moror

cars, airerafts, iron and

_~ steel products,

,crude

petro-

le'wn, cotton

fabrics, sewing machines and-~l~ctrioalequip- ment.

This covers

only

the year

1966.

(Board of Trade Journal,

Lond~n,

21/1/66, 18/2/66 and 25/2/66;

Interl1ati(')nal Financial }Jew·s Survey, v,rashington,

14/1/66)

Sisrra' Let}lie - USSI{

U:nder an agreernellt Sigl1ed 011

23

DeCeli1ber

1965

1fitll the US.:)H., Sierra l. LeAne is to bUjT over ftl rnilli~n 1tiorth ef' e(luipnlerlt, COi1Sistillg rllainl~r of

agricul~ural Elacllii~erJr. Pc?v~7rne:tlt \'rill be i11ade i11 Sierra 1eOl1e cUI1rency and in prin1ary conlDlocLities'''. Russiall tech:nicial1s ~\lill acc~mpa11Y tile first delivery to denlOl1strate tb.8 llse of tIle equiprnent a11d its 'upkeep, and Sierra Lef'ne will send pe T"sonnel to

tIle

USSIt te be trai:ned in the ~peratiOYl t'f the eq'uipment.

(Marches Tropicaux, Paris, 1/1/66)

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E/C~T

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^ST^Cj·FTN!14

Page 6

Sudan - India

A.. ~.;rade agreernent between the. Sudan and India was signed on 22 October

1965, and a further agreement on financial arrangements was signed on 25

lfovember

1965.

Although full details are not available, it is believed that India has agreed tn

buy

Sudanese produce and Sudan to

b~

Indian goods, as followsg

Indian purchases

Cotton

Gum arabic

Doum nuts

Heavy

hides and skins Miscellan.enus

T~tal

7,700,000 250,000 10,000 30,000 10,000

*'8,000,000

Sudanese purchases

~

Tea

2,628,500

Cotton piece goods 2,062,500

Jute 2,265,000

Spices 165,000

Wood and cork 15,000 Essential oils 129,000 Total

~7,265,OOO

funisia

(Board of Trade Journal, London, 4/2/66)

Country

Signed Renewed Validity

Remarks

Bulgaria 1964

The application of

the

agree-

rnent to

1966

shows· a slight increase for

the

majority of quotas

compared with the

pre·..·

vious year.

China, 1960 1/12/65

^{1 year}

Quotas remain unchanged.

People's Rep.

^'I

Czechoslcvakia 1964

TIle

application of

the agreement

to 1966 shows a number nf quota increases

compared

with the previous year.

Italy

,23/11/'61 1/1/66 ¹ ye·ar . QUotas remain unchanged.

(17)

.14/STC/:PITJ_'T/l~l

7

Pola~nci

1964

^Tlle 3..)plicc<tiOYl of' tl.lf3 a~... ree-

ITl8l1t

to 1966

8110118 ilJ.CT·e,~S8S

for a L:Wll:J8:r' O..l.. 110tas ^cor11- pared \'~-itil vi.le.: ~)TevioL..s ~tGe~l".

!J1118 appli tio~-:.. of t118 a~~=c'es- nler~_t to 1) DI10,;:] a Yll:L:.,';J2r of c.luota il1cre.j,se~~ COIlL)area. _{~rri t~l} tile ):.Cevi 0^"ILS,- ~. E~r •

rc.,tes to be a.Qplied. e-re eruoted.

Ur~ited lLra'b E~e',)llblic - Greece

_ . . . .' _ " ' - ._ . _ _ .' ..~.,-.~. ~•.~ ~c . _

J⁰l~l"lrldl,

lc/2/66

^I ^' ⁾

All additiol'lal IJrotocol to tl~e trade a£reel'!l;J~lt of

D,YH,L Groece? CO\Terinc-) tl18 pel"io f:eOIH 1 Jal:lu8.._1"'~/ to

31

1)8c8rll'be}~'

1966,

~-T·~:J.,S

si~ned on

16

Nove~~er

1965.

f11etric ^tOllS of tobacco; l~OOO Il18t:cic ^tOllS of olives; 3,OOC rnetric ^tOl'l3 of

sul~)ll'ur~ chernical produc ts 1'JOl-.th ·:l)120~000~ C010P~lOll~/ ',JOrtll leO,

ooe

~ p.aar-

prod'ucts.

clude 400,000 rile trio tOl'lS of f'uel oil~ 100,00e InetriiJ tOj,l;S of )'.2trol 01'

o_iesel oil~ 20,000-259 COO metric tOllS of EloJ.asL8s;

5,

()~O-iU90(:(- tOL_:. of

(18)

E/CN.14/STC/FTN/14

Page

8

United Al'ab f{.epublic - Greece (col1tinued)

Tl18 lists of products laid Q01\Tl1 i11 tIle :protccol are 1'10t inte11ded ·to be restrictive? arld the C0l111Jetent allthorities of tl18 two co'un"tries will treat favourably req'uests for tIle import and eXpol't of goods outside the quantities statcjd ^{i l l} the protocol or ^fOl'") 6'00(18 not rnelltion.ed therein.

j~ Pl.~otocol an1811dirlg tlle

1958

trade agreeme:nt ·betw-eE.~n tIle Urlited Arab :Hepublic and Iraq 1'ITaS aOnaIl-Ided all 10 ~Novernber 19650

T~he schedule attaclled to tIle ~protocol lists f'Llrtl1er tariff reductiorlS on

19

i terns 1illich are 110t already cornpletely exempt f~rom duty. Included are~

Reduced to

50

per cel1t duty Tobacco and cigarettes Toilet preparations

I\1ade-up textiles and clo t:hing ]lootv:rear

rral1ned 11ides

SalOO1"l cars

Reduced to

75

per C811t duty

Refrigerators~ washing machines and air conditioners Radjo and television sets

Passerlt:ceJ'" CetTS

Furnit'ul~e

Some cattoll yarY1S anci textiles

(Board of Trade Journal, London,

18/2/66)

United Arab Republic - Lebanon

il trade and. paJTD1ellts agreement lv-as conclu.ded on

15

October

1965

betvieerl the DAn. and Lebanon. The a6'reen18i:lt lis ts products on whicll eus toms ooncessiollS al~e to be rrrade b~l botll partie s and the relative ra tes to be applied are quoted.

18/2/66)

..

....,f

(19)

•

Ej^ICr'.14/;3TC/}'TlT/14 9

United Arab Reuublic - North Korea

---.----,-+---_..---..---

arlC..l. can.rleCt fisll frorn J::.Tor-tll l=orea ^d,ncL e.x~port ran oottOl'l., COtt011 textilc3s aliU SOFie rnallufactured good s⁰

21/1/66)

A llelJ five-year trade al1d paJlIlIGYlts agreernerit l.laS 1Jeerl oOYlclu.ded ~~etilreel'l

Under t11G 110-v'l ag'reernGnt₉ ',T11icb. '~\rill rLll1 frorl1

1)66

to

1970,

the voluLle of trade betvreerl tile tTTo COLlr.;.tT'ies is exoected to il~J.CL·ease frOIH ~65 Llilliol'1 to f,lOO rnillio:n. TIle Soviet Ullio:n 'v{ill e~zpor~t to l)t variot..:Ls ty~)es of

rllac].1iY1eI~{ c1:nd eCl'ui,Plnerlt as TIe 11 as 0i l arid coal, &Yld '\Iill irnport J~C~Tptiarl cottOll, l"ice, vei~etables a:ncl fruits.

(j~frica9 _eELri~~,

31/12/'65;

Fil1a11cial fJ.'imes, LOYldOl1,

31/12/65)

Urlited Arab tieiJulJlic - Yug'oslclvia

A protocol lIas beel1 Si2.T1ed g'overni11g tTade bet1Jee11 tl18 UII.E a.nu YU..iSO- slavia for

1966,

"'(-Iitll a11 expected i11Creu,se i:n totevl trade froin tile _pl~eserlt level of about rnilliol1. to ;i~50 raillio11.

YUt:;oslav e:x~'ports to tile "[jAr';' a.re to in.cl'ude CallYled foocls₉ g'l'ucose~

Cl18111icals, f'isll, ctleese~ tirnber, IIlarble, pipes, rnedi'Cal eCl"Uiprne3'~ct [LI1U agric'ulttlral ri1achirler~l. Tile Ui~~:;~'s eXI)Orts' "'Till i11clude cotto:n, cottar.:.

yarn, phosphates, salts, wheat and rice.

(Ijoard of Trade Jo-ur11al, Lorido11, 21/¹

1/66)

(20)

E/GIJ.14/STC/]'TN/IO Page 10

Africa - EEC

The Eb~ Commission has approved the financing of several new projects

in the associated African States

endorsed by

the European

Development

Bund (EDF),

as

followsg

•

Burundi

Cameroon

COl1g0

(Brazza)

FE 192,500,000 ($2,200,000) for setting up a

500 hectares tea plantation at Tara, of which 300 ha.

on an

industrial scale and 200

ha.

divided into family

holdin~s. Tea planting in

Burundi was

started in

1961.

CFAF 61,OOO,OO() (~247,OOO) i'or establishment of an Inter-African otatistical Training Centre in Yaounde. The project involves the construction

of ^tlifO builciil1g'S al1d. SUppl~1 of furl1.i ture. CF.AF

279,OOO~OOO (~1,130,OOO) for construction of the

ne"t"l Ediki-Kwnba sectio:n of the l^Jl'Banga-Kumba railroad.

CB:AF 415,300,000 as seco11d annual trancl1€ of aid to procluction, distributed as follows~ CFAF 93,000,000 for cottOD; CFAF 113,100,000 for groundnuts and

CFAF 209,200,000

for coffee.

C~AF 550,0009000 for constl~ctionof

354

wells in the Kahem district.

CFAF 280,000,000 as second ann'ual tranclle of aid to production,

out

of which CFAF 264,000,000 for price SUPPOl-t of co tton during' tlle

1965-1966

seaS011.

CFAF 27,000,000 and 28,500,000 respectively for

studies of the roads from Nsah to Dham-bala and Lekana, a11d from Olornbo to Obovya.

(21)

E/CN.14/STC/FTI~/14

Page 11

Africa - EEC (continued)

CO~gO (Leo)

Dahomey

Madagasoar

CF 117,750,000 ($785,000)

as

supplementary aid for the

Nat ionallnsti

tute of

Agric'ul tural Studies (1tINEAC ) •

The project includes the supply to Ineac of

tr~nsport,

agricultural, stock-raising,

researc~

and.other equip- ment as well as two experts for five years.

CFAF 95,000,000 ($385,000)

to

increase the oapacity

cf the girls' secondary sohool in Cotono·u.

FMG 1,625,000,000 ($6,583,000) for constructing and equipping the Ampefiloha hospital (Tananarive).

FMG 70,000,000 ($284,000) ^fOIl

two ,agricultural im- provement studies concerning the introduction of

c<'conut and palm oil c·ultivation.

FMG

2,400,OOO~OOO

for development of 3,730 heotares in the

Bas-Mang~ky

delta for cultivation of cotton and rice.

••

Niger

Somalia

CFAF 439,571,000 ($1,781,000) as seoond annual tranche of prnduction aid programme. The instalment is to be used for

price support

for

gro'undnuts

and

cott~n

(CFAF 257,282,000) and for improvement in

_producti~n

~f

these products (CFAF 182,289,000).

So. Sh. 11,425,000 ($1,600,000) for financing,

up

to 30 June 1967, the cost of personnel and

administrati~n

nf the General Hospital in Mogadiscio •

(J~urnal

Officiel des Communautes Europeennes, Brussels, 12/1/66; and Industries et Travaux

dtOutre-mer,

Par~s,

December 1965)

(22)

E/CN.14/ST C/FTN/14 Page 12

Africa - France

During the last

quarter

of 1965,

the

financing

through '·'grants

or 'credi ts

by

the Fonds d'aide et de cooperation (FAC) of a nmnber of economic and

social projects in several French-speaking African countries has been approved as fol1owsg

Burundi

Cameroon

FF 300,000

for a study of a

road

to link

the Dar-es-Salaam-

Kigoma railway ~vith Bujumbura via Lake Tanganyika, and a

stu~

of improvements

to

Burundi's interior road network to

satis~

requirements of transit traffic to Kivu and Rwanda.

FF 300,000 for the development of cotton cultivation in 1965/66 in the Ruzizi zone (5,000 ha).

FF

300,000 for

the supp~

of a transmitter to complete previous delivery

of broadcasting

equipment.

Previous credits, following the co-operation agreement between France and

BtlIUndi

of 11

February

1963, were

extended in ,JanuaIY

1964

for emergency operatio'ns ...

(FF 1,000., 000) and in

^Janua:ry

1'965 for eleotrification

(FF

3, 500,

000 ) •

FF 150,000 subsidy for research on extraction of silioa

'for use in a pl"ojected glass-bottle factory.

FF 500,000

subsi~

for the development of palm oil cultivation.

FF 540,000 subsidy for road and tourist development in the Waza-Boubandjida. area.

CFAF 4,400,000 non-repayable for urban development in Douala and Yaounde.

C~AF

200,000,000 for a project of agricultural develop-

ment of the Haut-N'Kam region

^by

means of resettlement

of 25,000 persons from the over-populated Bamileke region.

(23)

•

E/1C}r.14/STC/F1TT.~/14 Page

13

Africa - Franoe (continued)

•

tit ..

Carnero-.11

(contfd)

Cen tral j~frica:n

Republic

eli/Ali' 800,000,000 - 1,000,OUO, 000 _fOl~ COl18tructio:n of a new road from B~kok~ to Tiko, linking the SQutl1er11 part of East C111d l'Jest Carnerocl1.

FE'

883,900

^as fix'st CiJllY1Ual tx'al1.cl1e ^i"or irl1prove- me¹¹

t

of co tton pl'"'oduc tio:n ill the Kemo-Gribincui reg"iOi:l.

FF 1,600,000 sU"bsidy and 700,000 10&.11 £·o:e anirnal breeding centres at Bossawb~10 and Dekoa.

}i/li¹ 280,000 sU-bsidy for oO:i:lstr'uctio11 of a qU2-,-

ralltir.te statio:n at Lai-}Vl'Boko.

]11i1 200,000 sUbsidy" for establisllIncrlt of all ex-

perirnental Yl1i11c pasteuI'izatiol'l statio:n at 8al~lci.

F}i' 238,000 s'ubsidy for ill1proveE1811t of rural

hOllsirlb' ^i:n tlle CO'LUltYJ.

FF 1,006,000 subsidy for hydrological cartoGrapl~r

as part

0*-'

tIl e ge118 ral stUd_y of tIle Cllad 13asin.

FE' 3,200,000 grant for the development of the Fia11ga regi.on, i11Cludi:t1tS cOYlstructiol1 of brid.ges aY1U d~ykes •

Fll? 102,000 for tIle con1,pletio11 of a:n ag'ro-ecol1ornic studJr of the fJIaYldoul Valle;y.

FF 3,060,000 f'or C01'lStructioYl of lfater ldells in the east a:nd central-east regioll of tl18 C01.u:ltrJr •

FF 1,200,000 SU-bsid~y £'01"' c011str'uction of vacci- na tion 0811tres.

FF' 4,720,000 subsidy a11d 1,400,000 loan for tIle ele ctrifi ca ti011 of the cit~y Fort-Arcllarnbaul

t,

'Hhich vlill make it possible to oorlf3t~cuct a cattOYl

te~:{tiles faotol""y to be o'uilt by a F're:r1ch-GerLl8.~1

group.

(24)

E/Cr^J

.14/

^S

TC/FTN"/14

~Pat,Se

14

Afrioa - Franoe (oontinued)

Congo (Leo)

Dahomey

Gabon

FF 2,340,000 for certain public bUildin~s, roads and publio works in Fort Lamy.

FP 82,000 subsi~r for an economic and technical study of teleCOlnn1U11.ications developlnent in the

CCU11tIJT •

FF 2,350,000 of vrllioll 450,000 for mech.anical equipment for training oentres for technicians and 1?900,OOO for technical assistance

to

certail1 ,projects, most of which to the development of

Congolese radio-television.

A pl---evious credit of FE'l 7,050,000 was granted, in

1964,

for various projects in the mining₉ :eadio, medical, 'urban developlnerlt and trcu1sport :fields.

FF

550,

000 g'rant for tIle Porto-Novo teac118 rs' college, 'v-Tllicll 118..8 1Jeen admitting an increasillg nurnber 01 IJigerial1 st'uclellts.

FF 120, 000 sUbsid~r for complernen'Gary hydrologict:tl studies of the

Oueme

delta.

FF

80

9000 subsidy for the standardization of the hydrometI'ic net1iork o:f t:ne co'untlJr.

FF 5,064,000 for~ co-o:pera,ti^V8 developrnent of palIn groves il1 tIle I-liYlvi-Allada region.

FF¹ 400,000 grarlt for purcl11.--=tse t')f pharmaceuticals,

t~ control endemic diseases.

FF

300,000 grant for the training of agricul- turalists.

FF 90,000 grailt for a st'ud~y of teleconlInunioations developL1erlt.

-..

(25)

E/CN.14/STC/Fnr/14

Page

15

Africa - France (continued)

Gabon (cont'd)

Malagasy RepubliQ

. Ms.-urj.

tank

FF 125,000 subsidy for an experimental vege- table-growing project.

FF 50,000 subsidy for an experimental edible groundnuts-growing

project.

FF 320,000 subsidy and 320,000 loan for road vehicles·

·used

for public

'-larks

in the country.

li'F 800,000 grant for

mica

and diamond prospecting.

FF 540,000

subsidy

as first tranche for the esta- blishment of tvro out of six projected bee-keeping centres.

FF 700,000 and

760~OOO subsi~

for improvement and extension of rice oultivatiun in

respective~

the Anjiajia and Ambila regions.

FF

705~OOO

for purchase of vehicles and trans- mission

equipment for

the Government.

FF 2,176,250 for the construotion of three agri- cultural co-operative training centres, an agri- cultural products disinfection station, and

certain otl1er public building·~.

FF 140,OO(i for purcllase of certain road equipment.

FF

50C~OOO

grant for purchase of

e~uipment

for

loc'ust control.

FF 10,000,000 grant and 5,000,000 l~an for con-

struction of sea-water de-mineralization plant

for tIle purpose of water SUl)ply in the city of

N(}uakchott.

(26)

E/ Cl\T.14/STC/'FTN/14 Page

16 Africa - France (continued) Nig-er

Senegal

Upper

VQlt~

FF 1,220,320 subsidy for the Nigerien credit and co-

operation

union (UNCe), of which 772,000 fer purchase of 'agricultural equipment and vehicles and 448,320

fGr

training

of

accountants.

FF 3,800,000

for

the development of the Ader Doutchi- Maggia region, including topographical, hydrological

and

other

studies and road-building.

FF 1,500,000 for tIle

developmen t

of the tuna fish

industry through expansion of the fishing fleet.

FF 288,000

for construction of a building and public

works laboratory at Ouagadougou.

FF 160,000 grant for expansion of the training centre

at Ouagadougou.

FF 855,000 grant for control of certain endemio diseases.

FF

4,60,000 grant for expansion of a pilot

prima~

school at Ouagadougou.

FF 4,300,000 for.. the modernization of agriculture in the northern plateaux of Mossi.

(Industries. et 'Travaux d'Outre-mer, Paris, November and December, 1965)

Africa - Israel

Three new modern hotels, in Tanzania, Kenya and Madagascar, are the latest venture of an Israeli company, Planning and Development. Company

.^'-~

International.

The 200-.room Kilimanjaro

luxury

hotel in Dar-es-Salaam will be managed

by an

Israeli hotel company. It cost about $3.5 million to construct and

was partly financed

by

an

Israeli

Goverrunent

loan.

(27)

E/CN.14/STC/FTN/14

Page

17 Africa - Israel (oontinued)

A lOO-room hotel is under construction in Tananarive. _{@.~._:wi~l}

be

re:~dy by

the end of 1966. Lastly, a 150-room hotel, in Nairobi, is in the final

stage of planning. It will be built at a

cost

of $2.5

rn~llion

of which the

Israeli

Government

will

put up

;~200~

000 as a loan to .the Kenya Govern- ment. In all

thre~

cases, Africans are

being, trained

on the spot and in

Israel to take over full operation after completing their training.

(The Finanoial

'~imes,

London, 21/12/65) Africa

~

United

l~ations

Special Fund

The Administrative Council of .the United llations Special FUnd

approved,

(')n

19

January

1966, 82

development aid programmes. A number of

t-he"se

·p·ro-/' -.

jects

are

in

Af~ica,

and are listed below, including the amount and the

executive

body

in parentheses. 'These

projects are partly

financed by

UNSF

and partly by the Governments concerned.

Count'I;y programme's

Algeria

(1) Three-year programme for aocelerated training of •

agriculturalt;c~icians~

fl,jBl,OOO(FAO). (2)

_Geode~c

survey

~f

agriGultural resources in the Hodna

region, agricultural experimentation~

$2,026,000 (FAO). (3)

Pilot project-for adult education and professional training~

$1,156,8iO

(illIESCO).

•

:~

(1)"

Fore's·tr:y-··tre.ining _c~ntre

at

~Jlessendjc:

$896,000

(FAO).

"-(2) IVIi·nera'l':p·rospecting in the _South-~st region (Niari:" .... ^{' r "}

,basin'and _,t~e ,..Zanaga .deposit),:

$775,900 (liT). (3)

Study- and exploi_~ation of sea-fish resourcesg

$1,064,

300 _(Fj!.O~... ._:,.~.

t Est~1;>lishment

of a

National School of Telecommunications~

Congo (Leo')

$1,809,900 (lTD). •

Dahomey' Pilot project for the development of the subterranean water resources:

$1,109,500 (FAG) •.

(28)

E/CN.14/STC/FTIf/14

Page

18

Afrioa -

United

Nations Special

Fund

(~ntinued)

Gaoon

Guinea

Kep,ya

Mala~sy Re~ublic

Malawi

!:!Jroco.

Rwanda

v

Sene.~l

Sierra

I..eene

S~malia

(1) Technical' study

f'r

^the O-wendo-BeJ jna;a railroad:

$3,415,000. (2) National Forest Institut'e of Cap Esteriasg

$996,700.

Extension ~f the National Sch~ol of Agrioulture at Kindia~

$1,886,500 (FAO).

Develnpment of grazing grounds:

$2,056,800.

t Organizati~n ()f ~fessicnal training:

$1','599,400'.

; Survey and devel~pment

nf

selected forest regions~

$753,408 (FAO).

Elab~rati~n

of a

devel~pment,

plan

f~r gecl~gical

and hy"draulic resources: $2,623,500.

Pil~t pr~jeot ~f,literacy and adult and professional .duoati~n:

$1,118,000

(U1~SCO).

: Pil".'t pnje".t fa.r

.d.eve.l.J\:pm.e.nt

and a.gri.cultural train-

ing in Western Rif; $2,294,709

(F~O).

(1) Establishment _~f a research centre to develop Lake Kainji: $1,259,100. (2) Creation ('If a tech-

nical

Bohnol in

Lages: $1,313,600.

Establi~hment ,.f a p'il.t factl\ry fer pIV)ducti~n., ~f inseeticides frcm _pyrethrum~

$1,459,500

(UN).

Survey and _devel~pmen

t

~f ma,ritime fishing re-

seurces: $1,212,000 (FAO).

(1) Studies ~f r~ad and railway transp~rt:

$687,000.

(2) Development _~f maritime fishing:

$939,500.

Imp~vement

of the

~tcrage

system and

distribution

~f cereals: $1,192,000.

(29)

E/'CI\f

.14/

^tS^rrC/J?T1\"/14 Page

19

Tunisia

_.'-,--

(1) Extension of the lIational Pl~O{)_uctivity Institute~

$662,200 (110). (2)

J~tension

of the National Institute

. for Professiol:lal Training at _.,·~ades~ _~it890,800 (lLa).

Establishment

of a centre for

the development

of

Lake Nasser

in Aswan~

$1,722,700y

Algeria-Libya-Morocco-Tunisia

Guinea-Mali-Mauritania-Senegal

Came~on-Niger-Nigeria-Chad

Cameroon-CAR-Congo(Brazza)-Gab~n

Maghribian Centre for Industrial

Studies~ Sl,454,900~

Establisl~Gnt

of water control system in the

^Upper

Seneg'al

^Basing $1,452,000

(U1'I) "

Inventory of the hydraulic resources 0f the Chad

basin~ $2,795,100

(FAO).

Fisheries deveJopment

prnject:

$733,300

(FAa)~

Dahomey-Tog" .'.

\~

Supply of' electric pDwer to the two

countriesg

~746,OOO.

...

^..

••

Hydr\)-meter~rnlogic survey of the

Vict~'~ ia₉ I(ioga and Albert Lakes regiong

$1~937,900o (l\~arclles

Tropicaux,

~t>aris,

5/2/66)

(Africa,' Paris, 11/2/66)

Africa - United States

Grants totalling $2,

794,000

fOI~

variolls

educational projects have been announced by the F~rd Founda

tio.a,

as fc,llo"HS~

Ethiopia American Library Association -

~345,OOO

to expand

the hnldings of the Cel1tral Li.brary at Haile Selassie

University through acquisition and cataloguing

~f

books and perj,ndicals.

(30)

Ej'C1J.14/!8'llC/I~TIq/1Lt Pag'e 20

Africa - United States

(continued)

Nigeria

Institute of

Community

Studies (London) -

~73,OOO

fer

T'esearcll on tllS experie11ces and sociological backgrounds of businessrnen i:n K~enya. ':1.10 be cond'ucted in co-operation

lTi

tIl

the Centre fo r }.:jconomic -l.\.esearch of University College il'l Nairobi, the study will

foc'us

"'n

tJ.1e

factors

required for successful commercial and industrial deve- lopment in different areas and among various tribal

groulJ s i11 ~~ellJTa.

Alunadu Bello University - $50,000 for

construction

of

a conference centre and housing facilities for visiting scholars at the Institute of Administration at Zaria.

Government of Eastern Nigeria

(l\~inistry

of

Interpal., Affairs) - ~516,OOO fo~ continued

support

of

a

pilot

project in rural development that stresses modernization

~f

agric'ul

ture.

'University of Ibadan -

;iJ875,

000 fer

continued

_supp~rt ,,-,f

the

developlnent of~ tl18

Universi ty' s pos

t-graduate l)rO gramme.

Governrne11t of l\Tigeria

(r·;Iinis

try of ~con('mic nevelopment) -

125,000

for

strengthening

and

accelerating the develop-

lllent of the LibrarJT at Yaba

Colle

ge of Technology.

Government of Nigeria

_(Minist~

of Education) - 6410,000

to help improve technical education in Nigeria.

~

Government of lIes

tern Nig'eria -

·,:~274,000 t",

help

strengthen the Institute of ..

A.(1:ninistration at

the ^{t . •} University of Ife.

(31)

Urii've:{~::::'i

TUlli;::;ia

( I:f'-yo~, •.,,":

J..-" ...L..L'-./<.:.J..9

Basutolal1.d - I~Jl~

_" ...._ _- - . . . ~ . ~ _ a : . « . -..._.

t. ^TJ1C-';; credit is ^8<. uiva18Ylt

to

tution of tlJ.e 'qorld ~BaY.'.l:~ zrOlllJ.

BeclluaL.c~1a..rlQ, ....: ·UL.i ^\J.j^c.J..

•.~...~...__~....~.._.;,",-.- ...-..:..~.~..~"""",,,,~,,,,,,,,_,,,_,,,,,,--<-.,~ .. ,.•. _-.::... ,....

It ^.'-^u

..

.

^'

~uelea, a local pest.

~150~OOO

has

also beeL ~llocated i~ princi~18 ^&8 ^L1UCll Tlic.le r

(

.,~ • . ' _ ". I/,,,,- ')

.~^{..,.. ' n}-IC^'-.J l.).~~'''l ,', 1

!.-'/

'}j'^oru~

... ..-. J......L _ Cit , ~ ,."..1. ,.:> , .-/ L /

(32)

~E/CI:T .14/1~:/rC/'FTl\T/·14 J?aE;e 22

L~i116dorn of Burundi arlcl tIle }i'!ederal .U.8LJul'lic of

ment the latter will accord an ail of

Dh 5

million for the construction f

o. c:.

Inill.

te~x.tile THill.

tilif) ~fc).. otior·;y" 1'li11 serve to cOllsolicLate tll;3 econorr~f of tIle countr~y.

ell.ad 3.,l1d tILE: .iI.GjYL.:Lblic of CIlin.a. "Lllclel' ttl ..) te:rms of tlli:3 ag'recmel1t i.-tl1d

Glli11a 1vill c'ive

training of technicians.

Chinese eXJerts will he

In tlle

certairl 11(:) s:pecios of tobacco₉ S0J-a ariel jute.

(.l:..fricl.·ue IJolJ.vellc ') D(~~.r~.·l~·, )

statu8w"lder tIle --CerITIG of tIlt) i:rl'v-eutEle11t ooele of COl:LbO (Brazza) alld witlliYl

Customs Union.

The

Shell

ar~

to establish and

oge~ate

a

lubricant

)lant

~nJ

a

shoe factor~, res-

orl irnnOl~ted Inaterials ;.1oeded to i11;]'tall )ro\...Luction faciliti8 S cl,:ld the elimination of taxes on raw materials and ^Oil fin~l )roducts to be sold

(33)

.14/

23 ..

...i....il rt.:;t^{U 1:'11} =:~01.'

follo-,FB G.net ]~or

-bic;~···clcs, eJlG "adio COlllL1Ul1icatiol'1 e )olice scl1001fJ.

(b) rhe UniteQ ~~~tes ^::..:0 :~rGecL to

is uesi

...

^.. _{of saIne} _L~;I₀₀₀ _to _5:1

_o

_(jC; _t~"'ic _tOI1C _of _1'00

from e~[is ti~db PoL. COllllte fund to finance seve~~l projects. A

ter SLtp.,!1:-⁹

(34)

}}}/ Cl\

.14/;STC/

~fT1\J/14 Page

24

(e) A, SgeCla~..., ~rant ~I^q CF 10.5 n1illion llas also been made ~~ecei1tlJT

to ena'ble ac tivi ties 'at tild l.7rli'Iersity of ~)tanle../ville to res·urne.

(I.nte:'"'11atioL.al j-;lina:lci:'-Ll ~.e~iS ^SU.J:ve_:, ^9, ,aslli116tOl1~

19/11/'65

and

7/1/66;

~frica9 Paris,

24/12/65)

JJahorllf.t:t - Chirla (Tai^{\1a11 )}

•.:.~ 25-inember }'.:·atiorlalist Cllinese ^farlI1 dernonstl'atiort team will be

countr;~r to develol) agricultv..I'8j i:n particLLl.;..tr ~ice planting.

(

.\ I . ' " . / . '

;.1

r .'~)

!Jf"1""llr ...~ ~~.•:::> ....··leⁱ 11 2 ob

•• 1. ..L '.J\'\''j ...Lu,..L

U,

Et11iop ia - l{ungaYi

~"Vlle IfurlLSarial'l GoverJ:lIilerlt lias oi'fered JJtlliOf)ii::l Ev lOCL~n of ~715,OOO.

1.011e loan is i l lte11ded to boost .2tlliopian f~J.~rIlirl6.

A t't-io-year tecimical, C'ultu.cal C111Q scielltific ag'r8ernel1t has alsn beell C01101uded 'undel'") v:hich B.ullgaJ:~ lTill pro\ricle Sl)Orti.;.1g eq1,.,Liplnent for local 80110018.

(Africa, ?aris9

15/2/66)

Ethi0pia _7__IJ3I{D

• b rnillion to tlle Imperial Board of '}lelecOlnIftUl1icatio:ns of lGtllio}Jia to assist in final1cirlL, tIle Board's

1965-67

il1vestrnerlt prOL.JrarI~me. 1¹118 pro6':aJI~11ae is designed to iil1)rOVe a11d eXl)a11d telepllolle al1.u te18L;'rapl1 services iYl the main Ul"'ball

ce~~ltres9 -bet1ATeen t01\nls in .tGtlliopia :':~llC~ 'bet-:~~'e8Y~ l~thiopia c111U otIler' countries.

rTlle total cost of the project is estirnated c1.t ::~lo.8 million~ of w-}-licl:...

aboll

t $7. [)

milliorl 1-1il1 be in forei^(:,1'1 e:x::C1.1Ci11ge. ~rlle Tlorld Bal.:.k loan will J^lil1arlce part of' ~he :foreign 8~~cllar.i.ge costs of tIlt? prog'ralTIlne. .~x,pend.iture for the rle\'f ce11tral exc}lD.,:nge i:n Addis Ababa is beiL16 :fil1a:nced b;y- a Swedis~h

SU.PIJlier, for brnadcastin€: eq·u.i);'H118.nt by 'US Ac;'ellc;;T for I11terna tional Develop-

rne11t~ and for lYlotor vehicles b~y ^til£; Boaru9 vrllicb. is also filla-neill£;' all local curl~enc./ COGts.

(35)

• ..

]Il/CT'.14/~)TC/l~1frl"/14 t"lage

25

TIle loal1 '~iill be guaLtarlteed -oy the Btlliopia11 Go-r,rernIiellt. Tlle Bank

loan will be for 20 years anJ bears an

iLterest

rate of

5~

per cent

per al1l1Uffi. Tl1ree cOLlIIlercial barlf~s, one Italia:n a11d t'~,'TO Alnerica11, are partici- l)ati11g in tIle loa11~ 1·[ithout tIle Banl<'s Guaralltee, f'or a total suru of lC57 000

representing the first two maturities

lrllich

fall due between 1 March

_196~

and 1 September 1969.

(IBRD PreS3 Relcase~ Paris,

17/11/65)

TLe Inter11a tional DevelopIllerlt AssociE:-ti011 (IDA.), an affiliate of the'

'~rorld Bank, has _a~P9roved a credit eCluivalent to $7.2 million to Etb.iopia for a scllool constructiOl: alld irl1,)11QVemerlt project tllat Trill .permit a major revisio11 o:f tIle COlt:.ltl:Y'S secol1.darJr SC11001 system al:ld SOfl1e expansion of facilities

for the training of teachers and technicians.

rrll€ project is scl1eduled fnr¹ cornpletion by tlle e~nd of

1970

at a total estimated cost of ·~ll nlilliOl1. TIle ID.li credit 'Hill cover all tlle f'oreign

e}:cb.an(:~e l....equirerl1e:nts al1d abo'ut llCtlf tile local currerlcy- _eJ~l)enditUl"les. TIle bala11ce vlill be fi~nanced ·b~.l tlle EtbioLJia,:n Go·v81'nr1l811t.

;rl18 IDlt cl'\edit is for a terrn of 5C) years. iiepa;yll1el.tt of p:ei11Cil:)cll 11ill begin on 1 l'Jovembel~

1976?

after a tefl-year g'race 'period. Thereafter, one per' cen.t of tb.e prillcipal lj{ill be l~epayable annually faI" 10 ~y-ears and

3

^pGl'

cel1t will be repayable an11ually for~ tlle finu,l 30 years. Tlle credit is free of interest but a 8el~ice c11arg~e of

3/4

of ^01'18 pe1¹ ce:nt per arlnllil1 on the amotlnts 1-'ritlldravnl 1tfill be Inade to lileet IDAts adrnirlistrative costs •

(A£rica, Paris, 18/2/66)

Ethiopia - IFC

The InterllatiOl"lal Fi:nancic1.1 CO~c)oJ~atiol1 (IF'C), all affiliate of the

~for·ld 13al1.tc, Et,nl10UYJ.ceL. 011 Ill· JEdlUarj- tllat it is 'u.llde:cv1riti1J.:~' ^[f, yublic offer- ir.i.g irl Etlliopia cf' shares i11 }]t~:liol)i:1rJ. ?ul,p allCl GIl ~).C., a ne1'[ COrrl)a1lY

orgarlized to estalJlisll' tIle "i;irst major 'paper rnill in tllCtt _COul1tr~y. Tile

(36)

E/ Cl\! .14/STC/_liTJ:J/lL~

Page 26

issue consists of

85,000

capital shares at a price of Eth. ~50 a share, producing Eth. ~4025 million of the total financing of about US$ 8~1

million in loan, and share capital needed to bring the mill into production.

":.'

A Leba:nese banl<: and a U.S. ind'ustrial gr·oup are participating in the under- writinge '

A long-term loan of

,t>4.3

million is being authorized by the Export- Import Bank of ~lashington to cover the nlajor part of the cost of purchasing machinery, equil)rnent, and engineering services in connection wi th the mill.

The loan is conditional on a guarantee by the Government of ~thiopia, for whiqh approval by the Ethiopian Parliament is reQuired. The IFC

underwriting

commitment is:contil1gent on the comple tion of these arrangements. The

Dev~lopment Bank ~f Ethiopia is also making a loan of Eth. $1.5 million to tIle company for the remainder of the cost of the machinery and equipment, vlhile the Commercial I3ank of Ethiopia has granted a line of credit of

Eth.

~1.5 million for working capital purposes.

(International Financial New·s Survey,' lfasllington,

28/1/66) Ethiopia - United

States

The United States granted, at the end of October, a loan of ,·$468,000 to Etlliopia for the purpose of helping the Ethiopian Grain Corporation in its efforts to stabilize local grain prices and grain stocks and to increase the nwnber of 6attle-wells in t:he Borena province, WIlich has a cattle popu-.

lation of one milli~n heads.

This arrangemen

t

comes under tIle clJ-opera tion agreement signed between the two countries in June

1965,

involving fi~rlancial assistance up to ~40

milli0n during the next few years.

(Industries et Travaux d'Outre-mer, Paris, November 1965) Ghana

The Volta hydro-electric project lTas officially inaugurated on 22 January

1966.

rr'he project, whicll cost ¢1~4 Dlillion (~56 million), is

• _.

(37)

···.-1//.-:; "':j

j' (",

r'Tll"" ,F1Tj'~.·1'14 b '../.t'·• .lLt- 0.L J / .:.

27

,~i~.£..~ (COlltilTuecl)

.~·1 ....! ,

t.-vJ--..;.\ort.

Tl1e to tl1~J via.bilit~/ of tL..^J projsct is ~1n alUTilil1il~un slIlelte.~.~' cost- ing' ¢llO lililliol1 '~Tll.i·~lJ. is _-Dei~n:.) COIlStl"'lLute{:~ at :,I1ecid. l)~ tl12 'Vol ta .::'1.1:.L1i:nVJll

nlilliol1, rr¹j.le slnel te r, ·d}~i.ch. sl:oulG.- b::.::gill opera tio:ns

llas COllt:.:':~cted. -iritil t:lH_' :b~rl~.r081;0 ct~cic autllOI-.it~' to OUJ, Borne 300,00(: _}::ilo~'

'Lr'"_vv~~t""IJ b al'.u...., ..."1'L.~\.:.v·j ..··11-..u', ,)aJ ..- ..^{, T - '}11011^-" '-t'· ····0·1· ....·vJl.~.Lr''-i" ~'l"-c;.':

(e ;;; ,

^+J..'v ... ..:.."1"",;'1,t(,j...::;^{, ' j}v . . " ' ; ' "^{; -}^.."

t

f-1^(f,6 ,-,~ll'Ill'O·J..···.L' ::i'-" ^CJ:~!.:-:.^':....",,.-(')\~_ l'S eJ~')0cted to ulJo'~j' ^0112,ll3, to ;3ervice t~L, loar.~8 iJ'-lCL~Lrecl fO~L" tl>~ COllstructio.!.l of tIle ~t(~Lc001(::ctric )')l"oject.

G11C11'1cl, - CarlUu.a

...-- . _... .-.- __....,... -...~_.. ...,., ....'L~

')f eTlgineers ~11d teClll'licia~nG tv ~lelr) tIle irrigatioll division of tIle

( \{e..ld. ~-..t' .!...:\1:'>'l"1' ('.\..J'-'"',':1 -U'..I.f.l\.A.T.r..~-,^{... ;}0"'1'J.. ,. r).4 > ;/1 /I

?-.6 )\

v .

Guinsa

---.'..-

...""..

Several

induGtri~l ^.:.J...l..l.^.10":