832.50 J.T.C./12–1947: Telegram
The Acting Secretary of State to the Embassy in Brazil
1378. Urtels 1443 Oct 13 and 1632 Nov 25.37 President Truman has approved formation Joint Braz-US Technical Commission each section to consist of adequate technical staff and three members with co-chairmen under these terms reference:
“The Joint Braz-US Technical Commission should endeavor to analyze the factors in Braz which are tending to promote or to retard the economic development of Braz. This might involve a broad appraisal of the manner, directions, and rates of development of the Braz economy, looking toward the most effective and balanced utilization of Braz. resources. The Comm should give particular attention to the capacity of Braz for economic expansion through the maximum use of its internal resources. The Comm shall not undertake to appraise the merits of specific projects or to evaluate the desirability of obtaining foreign financing. The Comm, however, should consider measures designed to encourage the flow of private capital to Braz and, where [Page 456] appropriate, may make broad recommendations relative to measures which might facilitate economic development in Braz.
The Comm should direct its attention toward an analysis of (1) Braz natural and capital resources, (2) the supply of labor, particularly skilled labor, (3) problems in fiscal and banking fields, (4) problems of domestic and international trade, and (5) the position of Braz in the world economy.”
Note proposing foregoing and requesting concurrence will go to Braz Amb shortly. Publicity should be deferred until later notice. Will keep you informed.
- Neither printed.↩