Salvadoran Leader Wants Global Banks to Finance Reconstruction

The Washington Times (Washington, DC), November 10, 1998 | Go to article overview

Salvadoran Leader Wants Global Banks to Finance Reconstruction


Salvadoran President Armando Calderon Sol made the following statement to Central American leaders at the opening of their summit in El Salvador that was called to deal with the devastation caused by Hurricane Mitch:

This morning's meeting with the Central American presidents is an important one.

We plan to coordinate our actions, and make a call to the international community, to the multilateral institutions and to other similar organizations to help us with the recovery and reconstruction of Central America.

We are a group of countries that are integrated not just historically, but also commercially. What happens to one country happens to all of us.

Our roads have been destroyed. Today, we do not have a smooth flow of traffic in the region. This has paralyzed trade. We need to reconstruct our roads, bridges and highways. The infrastructure has been extremely hard hit; conditions are extremely difficult.

I believe that a call from the Central American presidents to the international organizations and multilateral institutions is very important. Also, we would like to ask the countries of the Third World to treat our citizens well during this difficult period.

We ask First World countries to relax deportations of our citizens and to give them an opportunity to find work. This serious topic should be discussed. We need to make a call to these countries and to ask for some flexibility in the laws that would benefit our emigrants. …

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