Portugal: South And Central American Leaders Arrive In Portugal For An Ibero-American Summit

Record ID: 4034

  • Title: Portugal: South And Central American Leaders Arrive In Portugal For An Ibero-American Summit
  • Date: 16th October 1998
  • Summary: Heads of State began arriving in Oporto, Portugal on October 16 for the Ibero-American summit. Globalisation of the world economy and the need for closer co-operation between the Spanish - and Portuguese - speaking states are the two principal themes of the eighth Ibero-American summitThe Ibero-American organisation is the only international grouping, other than the United Nations, to which Communist Cuba belongs. Castro, a traditional focus of media attention at the gatherings, was amongst the first heads of state to arrive. The economic stability of Latin American countries, many of which have histories of high inflation and budgetary problems, is key to efforts to contain an international financial crisis which has spread from Asia to Russian and threatens to engulf all developing economies. Moves towards closer Ibero-American ties were due to be reinforced in an accord to set up a special secretariat for co-operation, although no decision was expected on where it should be based.
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  • Location: PORTUGAL OPORTO
  • Reuters ID: LDL00129JJ8E7
  • Aspect Ratio: 4:3
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  • Copyright Holder: Reuters Archive
  • Copyright Notice: (c) Copyright Thomson Reuters 2014. Open For Restrictions - http://about.reuters.com/fulllegal.asp
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