VOL. XLII

No. 26

28-June-1999

OPEC

Venezuela Proposes Hosting OPEC Summit In Late 1999 Or Early2000

Venezuela has announced that it is proposing to host asummit meeting of OPEC sovereigns and heads of state in Caracas at the end of1999 or the beginning of 2000 with a view to celebrating the fortiethanniversary of the Organizations foundation (OPEC was actually founded inBaghdad in September 1960). Announcing this at a press conference in Caracas on21 June, Venezuelan Foreign Minister Jose...