825.24/1017

The General Manager of the Chilean National Foreign Trade Council ( Adriasola ) to the American Counselor of Embassy for Economic Affairs in Chile ( Butrick )86

[Translation]
G.
S.G. No. 54

Dear Sir:

New Plan: The Directive Council during its session on March 9, accepting a petition of the Vice-President of the Fomento Corporation [Page 165] agreed to address you informing you that the National Foreign Trade Council has no objection in according to Fomento Corporation a special treatment in the importation of machinery and installations designated for the industrial development of the country and which would consist in the following:

1)
The Fomento Corporation will present to the National Foreign Trade Council an application for a general license covering each project;
2)
For this general license, the Fomento Corporation will be able to negotiate directly in the United States, before the United States authorities, the priorities and licenses as well as effecting all the negotiations necessary to export to Chile the machinery and installations covered by the project.
3)
If the shipping space for the transportation of this machinery should exceed the balance of available shipping space assigned to Chile, the Fomento Corporation will provide their transportation by means of extraordinary or additional space, it being understood that this extraordinary or additional space will not be considered as part of the quota assigned to Chile.
4)
The balance of the quarterly estimates of supply can be covered by the Fomento Corporation under the same conditions.87

With the acceptance of this proposition the Directive Council wishes to leave on record the high consideration in which it holds the Fomento Corporation, as well as its desire to receive their suggestions with real interest.

I beg you to inform Messrs. H. Arnold Wilkinson and Horton Henry of this agreement, requesting them to deal with it as they consider most convenient in order that it may receive favorable consideration.

Very truly yours,

Adolfo Adriasola Q.
  1. Copy transmitted to the Department by the Ambassador in Chile in his despatch No. 6338, April 29, 1943; received May 11.
  2. Point 4 is crossed out and questioned in file copy. For explanation, see third paragraph of instruction No. 3162, June 18, p. 170.