1.
CU & SV Kissinger and Echeverria walk to platform (2)
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2.
CU Man seated
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3.
SV & LV Kissinger on rostrum facing women in audience (4 shots)
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4.
SV Kissinger speaks
1.15

5.
SV Audience
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6.
SV Kissinger leaves rostrum shakes hence with Echeverris
1.31


REPORTER: "Kissinger made the offer at a closed door session before the conference official welcome. He told the 24 Foreign Ministers in attendance that while they might favour nationalisation of foreign companies the Untied States must realistically pursue a policy of protecting U.S. firms aborad. He said if all agreed to a fact finding board studying these disputes and making recommendations the problems might be resolved equitable. Kissinger alluded to his proposal which he said could lead to a western hemisphere community in his speech at the opening session."



KISSINGER: "Pursuing our separate ways narrowly we could drift apart to a different (indistinct). Working together we can reinforce our wellbeing and strengthen the prospects of global co-operation. So let us begin in this hemisphere. If we here in this room fail to grasp the consequences of interdependence, if we cannot make the multiplicity of our ties a source of unity and strength then the prospects for success elsewhere are dim indeed. The world community which we seek to build should have a western hemisphere community as one of its central pillar.



REPORTER: "The Foreign Ministers are expected to reply to Kissinger's propose before the conference ends tomorrow."




Initials SC/1746 SC/1804


JAMES CONNOR

Script is copyright Reuters Limited. All rights reserved

Background: The United States Secretary of State Dr. Henry Kissinger on Thursday (February 21) proposed the setting up of machinery to help solve disputes between the Untied States and Latin America.

He told Foreign Ministers of 24 Latin American nations that the world community should have a western hemisphere community as one of its central pillars.

Dr. Kissinger admitted that major problems had arisen over the rights and obligations of U.S. private firms operating in foreign countries -- based different concepts of state sovereignty and responsibility.

He said the Untied States was ready to explore means to remove these disputes from the forefront of inter-governmental relations.

He said in his private talks with the Foreign Minsters he would make specific proposals "to establish agreed machinery which might narrow the scope of the dispute". This could be a working group which might examine procedures for fact-finding, conciliation or the settlement of disputes.

An alternative commentary is given overleaf.