DECE
Jamaica e er
it Gen ral
ER 22 - 2 ,1912 THE CITIZE
trade agr
otor
P GES
IF YOU LIKE THE FRA GRANCE
o U YOU'LL LOVE �16n
�IGHTH
EDITIO
e
JAMAICA - The Prime inister of
Jamaica Edward P.G. Seaga, announced
crea ive trading heme ha been
finalized between the Bauxite and
Alumina Trading Co., of Jamaica Ltd.
and General otors Corporation of the
United State to u counter-tr d
mechanism to obtain capital goods in
exchange for Bauxite and other com­
moditie .
General otors and it affiliate and
orldwide sub idiaries will apply
J arnaic ith motor ehicles heavy
equipment and m chinery which J amaic
will purch t co t of US 6 million
for e h year of the three-year period.
In return, Jamaica will pply 270 ()()()
tons of alumina.
The move is de igned to off t the
economi effect of the present we
international mar et for bauxite which
Jam . at principal e m r of forei
currency required to pport it import.
The ne greement ill enable Jam lc
to continue to mar e its n tural re-
urce and ve valuabl foreign e -
change.
In m ing the nnouncement Prime
in ter Se . d: "The barter and
foreign trade arrangements hich are
now being dopted by Government
are nothing ne . Indeed it It b n
the standard pr cti of many govern-
ments cro the orld and it is be-
coming increasingly so during this
period of vere depre ion.'
He added: So tive is the busin
of barter trading and counter tr ding
that e en banks ave t up cial
department to be ble to f cilit te their
client and customer in rrying out
the arrangement. '
6
in Kzoo bouts
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• -ttSEE LADY T FOR INFOR ATIO ABOUT •
• ONEY MAKI G OPPORTUNITIES •
• C T ZE S EST. 8-4 •
:. S . . I . TUES. - FRI. 8 :
•••••••••••••••••••••••••••••••••••••••
• top r Sap, Prime MilUStjer
AIUllAbeJlIa. Seated,
•
'1 I
926-
27
OF
PAL
a e
The Benton Harbor PAL boxers
e out of the December 11 amateur
boxi boo t in amazoo ith six wins
Tommy S der and Terry Parham
were winners by decision. John Boyd,
Roo velt Brown, Terry Pugh, and Shon
Taylor 10 t their bout .
According to Lar , tb eam i train-
ing for the ate Golden and Silver
glove matche in February.
apoleon
four 10
, according to
, tr . er.
inning by kno -outs ere: Roy
Cambell, Kenney Clar, Ron Lewis
d John D .
LOOKFOR f
ILLER G U
MALT LIQUOR
in YOUI ,. vOlite
tor
1982 il Bre 109 Com
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