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Central American Trade (1990) [2]
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Central American Trade (1990) [2]
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Records of the White House Office of the Chief of Staff to the President (George H. W. Bush Administration)
John Sununu Issues Files
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Originally Processed With FOIA(s):
FOIA Number:
1998-0004-F[1]
S
FOIA
MARKER
This is not a textual record. This is used as an
administrative marker by the George Bush Presidential
Library Staff.
Record Group/Collection:
George H.W. Bush Presidential Records
Collection/Office of Origin: Chief of Staff, White House Office of
Series:
Sununu, John, Files
Subseries:
Issues Files
OA/ID Number:
29142
Folder ID Number:
29142-008
Folder Title:
Central American Trade (1990) [2]
Stack:
Row:
Section:
Shelf:
Position:
G
15
24
7
1
Withdrawal/Redaction Sheet
(George Bush Library)
Doc. No. / Type
Subject/Title
Date
Restriction
Classification
01. Report
United States Economic Policy Toward Latin America -
05/24/90
(b)(1)
S
Background Material for the Economic Policy Council (115 pp.)
02a. Draft Memo
From The Economic Policy Council to George Bush
5/22/90
(b)(1)
S
Re: U.S. Economic Policy Toward Latin America (13 pp.)
02b. Table
Re: Latin American Initiatives (2 pp.)
n.d.
(b)(1)
S
Page 1 of 1
Collection:
Record Group:
Bush Presidential Records
Office:
Chief of Staff, White House Office of
Series:
Sununu, John, Files
Subseries:
Issues Files
WHORM Cat.:
File Location:
Central American Trade (1990) [2]
Pinksheet Number:
DJC1458
OA/ID Number:
29142-008
Date Closed:
1/1/1998
FOIA/Sys Case #:
1998-0004-F[1]
Re-review Case #:
P-2/P-5 Review Case #:
Withdrawal/Redaction Sheet
(George Bush Library)
Document No.
Subject/Title of Document
Date
Restriction
Class.
and Type
01. Report
United States Economic Policy Toward Latin America -
05/24/90
(b)(1)
S
Background Material for the Economic Policy Council (106
pp.)
Collection:
Record Group:
Bush Presidential Records
Office:
Chief of Staff, White House Office of
Series:
Sununu, John, Files
Subseries:
Issues Files
WHORM Cat.:
File Location:
Central American Trade (1990) [2]
Date Closed:
1/1/1998
OA/ID Number:
29142-008
FOIA/SYS Case #:
1998-0004-F[1]
Appeal Case #:
Re-review Case #:
Appeal Disposition:
P-2/P-5 Review Case #:
Disposition Date:
AR Case #:
MR Case #:
AR Disposition:
MR Disposition:
AR Disposition Date:
MR Disposition Date:
RESTRICTION CODES
Presidential Records Act - [44 U.S.C. 2204(a)]
Freedom of Information Act - [5 U.S.C. 552(b)]
P-1 National Security Classified Information [(a)(1) of the PRA]
(b)(1) National security classified information [(b)(1) of the FOIA]
P-2 Relating to the appointment to Federal office [(a)(2) of the PRA]
(b)(2) Release would disclose internal personnel rules and practices of an
P-3 Release would violate a Federal statute [(a)(3) of the PRA]
agency [(b)(2) of the FOIA]
P-4 Release would disclose trade secrets or confidential commercial or
(b)(3) Release would violate a Federal statute [(b)(3) of the FOIA]
financial information [(a)(4) of the PRA]
(b)(4) Release would disclose trade secrets or confidential or financial
P-5 Release would disclose confidential advice between the President
information [(b)(4) of the FOIA]
and his advisors, or between such advisors [a)(5) of the PRA]
(b)(6) Release would constitute a clearly unwarranted invasion of
P-6 Release would constitute a clearly unwarranted invasion of
personal privacy [(b)(6) of the FOIA]
personal privacy [(a)(6) of the PRA]
(b)(7) Release would disclose information compiled for law enforcement
purposes [(b)(7) of the FOIA]
C. Closed in accordance with restrictions contained in donor's deed of
(b)(8) Release would disclose information concerning the regulation of
gift.
financial institutions [(b)(8), of the FOIA]
(b)(9) Release would disclose geological or geophysical information
PRM. Removed as a personal record misfile.
UNCLASSIFIED WITH SECRET MATERIAL ATTACHED
THE WHITE HOUSE
WASHINGTON
May 22, 1990
MEMORANDUM FOR THE ECONOMIC POLICY COUNCIL
FROM:
OLIN L. WETHINGTON, OW EXECUTIVE SECRETARY
SUBJECT: EPC MEETING - U.S. ECONOMIC POLICY TOWARD
LATIN AMERICA, MAY 24, 1990 - 10:00-11:30 A.M.
THE ROOSEVELT ROOM
The Economic Policy Council will meet on Thursday,
May 24, 1990 at 10:00 A.M. in the Roosevelt Room. The
subject for the meeting is U.S. economic policy toward
Latin America.
Please find enclosed the paper for the meeting. The
paper has been developed as a discussion document through
the sub-cabinet EPC Working Group on Latin America.
You will be receiving tomorrow a separate background
document that contains a lengthy compilation of possible
initiatives examined by the Working Group in the course of
its review.
Enclosure
UNCLASSIFIED WITH SECRET MATERIAL ATTACHED
Withdrawal/Redaction Sheet
(George Bush Library)
Document No.
Subject/Title of Document
Date
Restriction
Class.
and Type
02a. Draft Memo
From The Economic Policy Council to George Bush
5/22/90
(b)(1)
S
Re: U.S. Economic Policy Toward Latin America (13 pp.)
Collection:
Record Group:
Bush Presidential Records
Office:
Chief of Staff, White House Office of
Series:
Sununu, John, Files
Subseries:
Issues Files
WHORM Cat.:
File Location:
Central American Trade (1990) [2]
Date Closed:
1/1/1998
OA/ID Number:
29142-008
FOIA/SYS Case #:
1998-0004-F[1]
Appeal Case #:
Re-review Case #:
Appeal Disposition:
P-2/P-5 Review Case #:
Disposition Date:
AR Case #:
MR Case #:
AR Disposition:
MR Disposition:
AR Disposition Date:
MR Disposition Date:
RESTRICTION CODES
Presidential Records Act - [44 U.S.C. 2204(a)]
Freedom of Information Act - [5 U.S.C. 552(b)]
P-1 National Security Classified Information [(a)(1) of the PRA]
(b)(1) National security classified information [(b)(1) of the FOIA]
P-2 Relating to the appointment to Federal office [(a)(2) of the PRA]
(b)(2) Release would disclose internal personnel rules and practices of an
P-3 Release would violate a Federal statute [(a)(3) of the PRA]
agency [(b)(2) of the FOIA]
P-4 Release would disclose trade secrets or confidential commercial or
(b)(3) Release would violate a Federal statute [(b)(3) of the FOIA]
financial information [(a)(4) of the PRA]
(b)(4) Release would disclose trade secrets or confidential or financial
P-5 Release would disclose confidential advice between the President
information [(b)(4) of the FOIA]
and his advisors, or between such advisors [a)(5) of the PRA]
(b)(6) Release would constitute a clearly unwarranted invasion of
P-6 Release would constitute a clearly unwarranted invasion of
personal privacy [(b)(6) of the FOIA]
personal privacy [(a)(6) of the PRA]
(b)(7) Release would disclose information compiled for law enforcement
purposes [(b)(7) of the FOIA]
C. Closed in accordance with restrictions contained in donor's deed of
(b)(8) Release would disclose information concerning the regulation of
gift.
financial institutions [(b)(8) of the FOIA]
(b)(9) Release would disclose geological or geophysical information
PRM. Removed as a personal record misfile,
Withdrawal/Redaction Sheet
(George Bush Library)
Document No.
Subject/Title of Document
Date
Restriction
Class.
and Type
02b. Table
Re: Latin American Initiatives (2 pp.)
n.d.
(b)(1)
S
Collection:
Record Group:
Bush Presidential Records
Office:
Chief of Staff, White House Office of
Series:
Sununu, John, Files
Subseries:
Issues Files
WHORM Cat.:
File Location:
Central American Trade (1990) [2]
Date Closed:
1/1/1998
OA/ID Number:
29142-008
FOIA/SYS Case #:
1998-0004-F[1]
Appeal Case #:
Re-review Case #:
Appeal Disposition:
P-2/P-5 Review Case #:
Disposition Date:
AR Case #:
MR Case #:
AR Disposition:
MR Disposition:
AR Disposition Date:
MR Disposition Date:
RESTRICTION CODES
Presidential Records Act - [44 U.S.C. 2204(a)]
Freedom of Information Act - [5 U.S.C. 552(b)]
P-1 National Security Classified Information [(a)(1) of the PRA]
(b)(1) National security classified information [(b)(1) of the FOIA]
P-2 Relating to the appointment to Federal office [(a)(2) of the PRA]
(b)(2) Release would disclose internal personnel rules and practices of an
P-3 Release would violate a Federal statute [(a)(3) of the PRA]
agency [(b)(2) of the FOIA]
P-4 Release would disclose trade secrets or confidential commercial or
(b)(3) Release would violate a Federal statute [(b)(3) of the FOIA]
financial information [(a)(4) of the PRA]
(b)(4) Release would disclose trade secrets or confidential or financial
P-5 Release would disclose confidential advice between the President
information [(b)(4) of the FOIA]
and his advisors, or between such advisors [a)(5) of the PRA]
(b)(6) Release would constitute a clearly unwarranted invasion of
P-6 Release would constitute a clearly unwarranted invasion of
personal privacy [(b)(6) of the FOIA]
personal privacy [(a)(6) of the PRA]
(b)(7) Release would disclose information compiled for law enforcement
purposes [(b)(7) of the FOIA]
C. Closed in accordance with restrictions contained in donor's deed of
(b)(8) Release would disclose information concerning the regulation of
gift.
financial institutions [(b)(8) of the FOIA]
(b)(9) Release would disclose geological or geophysical information
PRM Removed as a personal record misfile.
U.S. DIRECT INVESTMENT IN LATIN AMERICA
Balance, End of Period ($US Millions)
1970
1975
1980
1985
1988(b)
Latin America (a)
14,760
19,169
32,008
35,644
41,199
(Pct of Total FDI)
18.9%
15.4%
14.8%
15.5%
12.6%
(Pct of FDI in LDCs)
68.8%
73.1%
60.0%
67.6%
53.6%
South America
NA
NA
16,295
17,623
21,687
Argentina
1,281
1,154
2,494
2,705
2,390
Brazil
1,847
4,579
7,703
8,893
11,810
Chile
748
174
536
88
731
Other S.A.
NA
NA
5,562
5,937
6,756
Central America
1,875
2,611
4,209
4,570
6,925
Panama
1,251
1,907
3,171
3,959
6,140
Other C.A.
624
704
1,038
611
785
Mexico
1,786
3,200
5,989
5,088
5,516
Caribbean (a)
NA
NA
5,515
8,363
7,071
By Industry: (a)
14,760
19,169
32,008
35,644
41,199
Petroleum
3,938
3,208
4,500
5,199
4,860
Manufacturing
4,621
8,562
14,535
14,739
17,826
Trade
NA
2,169
3,856
2,533
2,434
Banking
NA
NA
2,502
5,362
4,800
Other (c)
NA
NA
6,615
7,811
11,279
NOTES:
(a) Excludes Bermuda and Netherlands Antilles, exce pt in 1970 and 1975.
(b) IF Latin America's share of total U.S. Direct Investment in 1988 had
held at 15% instead of declining preci pitously, investment in the
region would have reached $49.0 billion -- some $7.8 billion more
than actually occurred.
(c) Mining was the dominant investment plat form in 1970 and was still of
ma jor im portance in 1975.
SOURCE: U.S. Department of Commerce, "Survey of Current Business"
U.S. TRADE WITH LATIN AMERICA
(Millions of Dollars)
1980
1989
Exports
Imports
Balance
Exports
Imports
Balance
South America
17,132
14,123
3,009
14,005
23,090
(9,085)
Argentina
2,625
741
1,884
1,037
1,398
(361)
Bolivia
172
182
(10)
148
117
31
Brazil
4,344
3,715
629
4,799
8,379
(3,580)
Chile
1,354
515
839
1,411
1,308
103
Colombia
1,736
1,248
488
1,916
2,548
(632)
Ecuador
864
862
2
641
1,484
(843)
Paraguay
109
81
28
194
37
157
Peru
1,172
1,385
(213)
690
815
(125)
Uruguay
183
97
86
133
218
(85)
Venezuela
4,573
5,297
(724)
3,036
6,786
(3,750)
Mexico
15,145
12,573
2,572
24,969
27,186
(2,217)
Central America
3,757
2,240
1,517
3,309
2,543
766
Caribbean
3,546
7,920
(4,374)
5,244
4,010
1,234
TOTAL LATIN AME
39580
36856
2724
47527
56829
-9302
* 1988 data