CONFIDENTIAL
to attract greater foreign investment to Portugal.
Mr Byatt listed the various projects underway. Since
Minister Bayao Horta favoured a framework for the
commercial exchanges, it had been decided that after
Lord Cockfield's visit to Lisbon in October, he would
be followed by specialists in the automotive,
processing and electronics industries.
10.
food
Dr Salguiero said that the decision to apply
for membership of the Community had been political and
not economic. Membership would help maintain
democratic stability in Portugal and Portugal hoped to
offer the Community its experience in Africa and some
countries in Latin America. Mr Hannay asked whether
Angola and Mozambique would join the Lome Convention.
Dr Salguiero said that the Portuguese had been
pressing them. Whereas originally both had said no,
their viewpoint was coming around to 'maybe', not only
as regards Lome but also the IMF and IBRD. Angola
would be interested in particular if there was a
settlement on Namibia.
EUROPEAN COMMUNITY DEPARTMENT (EXTERNAL)
4 OCTOBER 1982
CONFIDENTIAL