Word: accords
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Dates: during 1980-1989
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...Mexican accord is the first concrete result of U.S. Treasury Secretary Nicholas Brady's four-month campaign to break the impasse on Third World debt by persuading commercial banks to accept some cuts in the principal or interest rates of their loans. Brady's predecessor, James Baker, whose 1985 debt plan provided for no such relief, had failed to ease the problem. With the Mexican accord in hand, Brady hopes that similar agreements between the banks and other developing countries may soon be worked...
Last week it was learned that U.S. and Soviet negotiators in Geneva took a major step toward verification arrangements several weeks ago, when they agreed on inspection controls for the elimination of chemical weapons. American officials welcomed the accord as further evidence that after decades of failure, enormous progress is being made across the board on the thorny verification issues so central to all arms control...
Verification of an accord limiting strategic weapons (START) will be even more challenging. The INF category is comparatively simple to check. Since all missiles of a given type are to be destroyed, any such weapon spotted later would be in obvious violation. START will be far more complex. It will only reduce the numbers of various missiles, and inspectors will have to determine how many small cruise missiles are carried aboard bombers and possibly even submarines. Differentiation must be made between nuclear-tipped and conventionally armed cruise missiles, even if they look alike. A method will have to be found...
...accord provided a heady moment for Barco, who is negotiating cease-fires with two other leftist rebel groups. A fourth group, the Cuba-trained National Liberation Army (ELN), remains recalcitrant. But Barco's government has accepted the resignation of a Cabinet minister, one of the ELN's conditions for talks...
...Klerk, opens nothing less than "a new chapter" in South Africa's history. Passed last week by the ruling National Party, the outline calls for constitutional reforms to be introduced over the next five years that would provide limited voting rights to the country's disenfranchised black majority. The accord envisions a federal system composed of Swiss-style cantons, where suffrage in local elections would be universal...