CBI CONGRESSIONAL UPDATE

• Document Type: CREST
• Collection: General CIA Records
• Document Number (FOIA) /ESDN (CREST): CIA-RDP84B00148R000300780004-5
• Release Decision: RIPPUB
• Original Classification: U
• Document Page Count: 1
• Document Creation Date: December 20, 2016
• Document Release Date: January 3, 2008
• Sequence Number: 4
• Publication Date: May 25, 1982
• Content Type: CABLE

Approved For Release 2008/01/03: CIA-RDP84BOO148R000300780004-5
UNCLASSIFIED.
OPP/LLB
INCOMING
STAT
PAGE 001
TOR: 252156Z MAY 82
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0 251952Z MAY 82 ZEX
FM SECSTATE WASHDC
TO CENTRAL AMERICAN CARIBEAN BASIN COLLECTIVE IMMEDIATE
INFO RUEHOT/AMEMBASSY OTTAWA IMMEDIATE 7587
BT
UNCLAS STATE 143259
E.O. 12065: N/A
TAGS: ECIN
SUBJECT: CBI CONGRESSIONAL UPDATE
THE SENATE~'FPORE'I'GN RELATIONS COMMITTEE'_HELD
MARKUP ON THE CBI'SUPPLEMENTAL MAY'
AY 18. AFTER A
LONG AND. DIFFICULT SESSION, THE COMMITTEE PASSED
AN AMENDMENT SUBMITTED BY SENATOR DODD AT THE
LAST MINUTE THAT WOULD EARMARK 5332.5 MILLION
OF THE $350 MILLION DOLLAR SUPPLEMENTAL FOR A
WORLD BANK-ADMINISTERED TRUST FUND. THE BALANCE
OF $17.5 MILLION WOULD BE MADE AVAILABLE FOR .
SCHOLARSHIPS AND PRIVATE VOLUNTARY ORGANIZATIONS
FOR USE IN REGIONAL DEVELOPMENT ASSISTANCE.
THE COMMITTEE WILL SHORTLY REPORT OUT THE BILL
WITH THE IBRD TRUST FUND FEATURE. A NUMBER OF
KEY SENATORS HAVE REALIZED THE INAPPROPRIATENESS
OF PUTTING THE FUNDS THROUGH THE WORLD BANK WHERE
THEY WOULD NOT BE AVAILABLE TO ALLEVIATE THE
LIQUIDITY CRISES FOR WELL OVER A YEAR. THEREFORE
SENATOR PERCY WILL PRESENT AN AMENDMENT ON THE
FLOOR THAT WOULD MAKE THE TRUST FUND DISCRETIONARY.
IT APPEARS THAT THE PERCY AMENDMENT WILL PASS.
2. THE.ONLY OTHER CBI CONGRESSIONAL ACTIVITIES
LAST WEEK WERE HEARINGS BY THE LONG- SUBCOMMI'TTEE-:+,.,,
OF HOUSE",APPROPR'I'rA,T.I:ONS: a,_ REP. LONG. HELD TWO
HEARINGS; ONE ON EL SALVADOR. AND ONE ON THE
CBI AS A WHOLE. THE SESSION ON EL SALVADOR WENT
RELATIVELY SMOOTHLY, BUT BETWEEN IT AND THE GENERAL
CBI HEARING THE FOLLOWING DAY, NEWS OF CHANGES
TO THE LAND REFORM IN EL SALVADOR HIT THE US
PRESS. CONGRESSMAN LONG PRESSED STRONGLY ON LAND
REFORM THE SECOND DAY. WE ARE WORKING ON ALLAYING
CONGRESSIONAL CONCERN ON THE EL SALVADOR LAND
REFORM.
3. THE NEXT STEPS WILL BE MARKUP IN THE FULL
HOUSE FOREIGN AFFAIRS COMMITTEE NEXT WEEK OR
THE WEEK AFTER AND, FOLLOWING THAT. MARKUP IN
THE LONG SUBCOMMITTEE. HAIG
END OF MESSAGE UNCLASSIFIED
U CLASSIFIED
STAT
Approved For Release 2008/01/03: CIA-RDP84BOO148R000300780004-5