Word: exportability
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Fund Package. Kidder, Peabody and New York's First National City Bank are putting together a combination of funds, which might include money from Saudi Arabia and Kuwait, and credits and interest guarantees from the U.S. Government's Export-Import Bank. By 1977 the pipeline is expected to carry 80 million tons of crude a year, and transit fees are expected to total $150 million annually...
...year, Rhodesia closed its borders with Zambia on the ground that Zambians had been aiding black guerrillas within Rhodesia. The government of Prime Minister Ian Smith specifically exempted Zambian copper from the blockade. Zambia's President Kenneth Kaunda, 49, decided, however, to stand on principle and refused to export his country's copper via Rhodesia. A month later, when the Rhodesians lifted their blockade, Kaunda imposed one of his own. He has refrained ever since from importing or exporting any goods through the rebel British colony...
Instead, he has relied on existing rail lines that pass through Portuguese territory and on the highway northeast to Tanzania. The blockade is forcing Zambia to pay an extra $150 million in import-export costs, and it has led to a few shortages. "Luxury living has been given its marching orders," says Kaunda...
Philippine officials said the three craft were among four cargo planes acquired for development purposes under an $8 million loan from the U.S. Export-Import Bank. The fourth aircraft is still to be delivered...
...they weigh more heavily on our people. If the price of raw materials falls, the price of manufactured articles, and even of imported food, goes up. When the price of food goes up, we discover that there are customs barriers which impede products from those of our countries that export food from entering consumer markets in the industrial countries...