2
PARTICULARLY THEIR FORMER COLONIAL COUNTRIES AND THAT OUR FIRST STEP
WOULD BE TO ATTEMPT TO WORK OUT A GENERAL SYSTEM OF TRADE FREFER-
ENCES WHICH WOULD APPLY EQUALLY AND FAIRLY TO ALL OF THE DEVELOPING
COUNTRIES, INCLUDING THOSE OF LATIN AMERICA.
WE ARE BEGINNING TO IMPLEMENT THAT RECOMMENDATION AS CONTAINED IN
MY SPEECH, HOWEVER, THE ROCKEFELLER REPORT INDICATES THAT, IF IT IS
NOT POSSIBLE TO WORK OUT A SATISFACTORY ARRANGEMENT IN THE DIRECTION
OF IMPLEMENTING A RECOMMENDATION FOR TRADE PREFERENCES FOR ALL OF
THE DEVELOPING COUNTRIES BECAUSE OF THE TIES THAT MANY OF THOSE
COUNTRIES WILL HAVE WITH FORMER COLONIAL NATIONS, THEN THE GOAL THAT
WE HAVE IS TO HAVE SPECIAL TRADE REFERENCES FOR LATIN AMERICA.
THIS INCIDENTALLY IS NOT A NEW GOAL AS FAR AS I AM CONCERNED, THE
GOVERNOR WILL REMEMBER I RECOMMENDED THIS IN 1958 WHEN I RETURNED.
HE HAS BEEN RECOMMENDING IT LONG BEFORE THAT.
BUT OUR GOAL IS OVERALL TRADE PREFERENCES FOR ALL THE DEVELOPING
COUNTRIES, BUT SPECIFICALLY AND PARTICULARLY FOR LATIN AMERICA, IF
IT IS NOT POSSIBLE TO WORK IT OUT FOR ALL.
UNQU TE
3. REFERENCES IN ABOVE QUOTATION TO QUOTE MY SPEECH UNQUOTE RELATE
TO PRESIDENT'S SPEECH OF 31 OCTOBER.
4. GOVERNOR ROCKEFELLER MADE FOLLOWING COMMENT IN REPLYING TO QUES-
TIONS.
QUOTE
BUT, MANY OF THE EUROPEAN NATIONS HAVE SPECIAL RELATIONSHIPS ALREADY
WITH THEIR FORMER COLONIES. IF THEY ARE UNWILLING TO GIVE THOSE UP
TO GO TO A GENERAL AGREEMENT, THEN THE UNITED STATES WOULD GO AHEAD
ON THIS BROAD BASIS WITH THOSE COUNTRIES WHO ARE NOT INVOLVED,
WHICH WOULD BE FRIMARILY LATIN AMERICA, THE OTHER AMERICAN REPUBLICS,
AND THEN AS THE EUROPEAN NATIONS DECIDE TO JOIN, THEN THEY WOULD DO
THE SAME.
/SO, IT REMAINS