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It reviews how Eurocurrency lending expanded Mexico’s access to debt terms, then examines U.S. arms and export-influence constraints affecting Latin America. The letter questions policy justification through Senate debates over non-lethal exports, administrative interpretation by the executive branch, and controversy surrounding U.S. export-control system credibility and Commerce Department accountability.",{"@graph":69,"@context":122},[70,84,105],{"@type":71,"itemListElement":72},"BreadcrumbList",[73,77,79,82],{"item":74,"name":75,"@type":76,"position":8},"https://docshare.wps.com","Home","ListItem",{"item":78,"name":9,"@type":76,"position":14},"https://docshare.wps.com/document/",{"item":80,"name":40,"@type":76,"position":81},"https://docshare.wps.com/document/research-report/",3,{"item":83,"name":65,"@type":76,"position":19},"https://docshare.wps.com/document/hansons-latin-american-letter-washington-11-august-1979-number-1795/322794/",{"url":83,"name":65,"@type":85,"image":86,"author":91,"headline":65,"publisher":94,"fileFormat":97,"inLanguage":63,"description":67,"dateModified":98,"datePublished":99,"encodingFormat":97,"isAccessibleForFree":100,"interactionStatistic":101},"DigitalDocument",{"url":87,"@type":88,"width":89,"height":90},"https://docshare.wps.com/thumbnails/hansons-latin-american-letter-washington-11-august-1979-number-1795/322794.png","ImageObject",300,407,{"name":92,"@type":93},"Rowan","Person",{"url":74,"name":95,"@type":96},"DocShare","Organization","application/pdf","2026-10-27","2026-09-21",true,{"@type":102,"interactionType":103,"userInteractionCount":39},"InteractionCounter",{"@type":104},"ViewAction",{"@type":106,"mainEntity":107},"FAQPage",[108,114,118],{"name":109,"@type":110,"acceptedAnswer":111},"What trade outlook does the letter give for the U.S. and Mexico?","Question",{"text":112,"@type":113},"It states that U.S. trade with Mexico was predicted to reach about $70 to $80 billion by the middle of 1980s, with Mexico becoming the second or third largest trading partner by the mid-1980s.","Answer",{"name":115,"@type":110,"acceptedAnswer":116},"How does the letter describe the impact of U.S. policy on Latin American countries?",{"text":117,"@type":113},"It argues that U.S. policy choices—especially around arms, spare parts, and infrastructure equipment—make the United States an unreliable source and can leave buyers unable to use equipment when political objectives change.",{"name":119,"@type":110,"acceptedAnswer":120},"What dispute is highlighted regarding export controls and the Commerce Department?",{"text":121,"@type":113},"It describes a dispute over the export control system, testimony criticizing the system as a “shambles,” and subsequent efforts by Commerce leadership amid demands for dismissal and wider concerns about trade policy effectiveness.","https://schema.org",{"og:url":83,"og:type":124,"og:title":65,"og:site_name":95,"og:description":67},"article",{"robots":126,"canonical":83},"index,follow",{"doc_id":128,"site_id":62},322794,1790362837,{"code":4,"msg":5,"data":131},{"doc_id":128,"user_id":132,"nickname":92,"user_avatar":133,"doc_module":4,"category_id":39,"category_name":40,"doc_title":65,"doc_description":67,"doc_content":134,"file_id":135,"file_url":136,"file_type":137,"file_size":138,"view_count":39,"is_deleted":4,"is_public":8,"is_downloadable":8,"audit_status":8,"page_count":24,"language":139,"language_code":63,"site_id":62,"html_lang":63,"table_of_contents":140,"faqs":141,"seo_title":142,"seo_description":67,"update_tm":143,"read_time":144,"preview_page_count":4},1099514067415,"https://ap-avatar.wpscdn.com/avatar/100002539d78ffe74a7?x-image-process=image/resize,m_fixed,w_180,h_180&k=1779092875211072502","HANSON'S LATIN AMERICAN LETTER  \nWASHINGTON  \n11 August 1979  \nDear Sir;  \nNumber 1795  \n(1)The Department of State on July 31 predicted that U.S.trade withOFFICIALMexico(exports plus imports)will reach $70 to $80 billion by the middleFORECAST OF 1980s.And that by the middle 1980s Mexico will be the second or thirdTRADE WITHlargest trading partner of the United States.MEXICO  \nYou can better appreciate these figures when you note that in June 1979U.S.exports to Mexico reached the $11 billion per year level,and U.S.imports fromMexi.co were at an $8.7 billion rate.  It is true that the official U.S.forecast anti-cipates the effect of inflation,but the prospect is such as to warrant a major re-appraisal by U.S.firms of their export plans and investment plans in Mexico.  \nConsistent with the official forecast,the Eurocurrency market has madeMexico the first of the developing nations to win terms on Eurocurrency debt that hadpreviously been available to only major industrial countries.The occasion was themarkup of $320 million in loans at one-half of one percent over London inter-bankoffered rates.  \nU.S.Exports  \nU.S.Imports  \n(2)On July 27 President Pinochet,confirming the acquisition of someEND OF TRADE sixteen Mirage fighter planes,noted quietly that \"nunca mas podermosIN ARMS:pensar en comprar material a Estados Unidos.\"The decision to buy inEND OF U.S.France had been occasioned by the fact that the United States had balkedINFLUENCEeven at exports of spare parts,etc.,for equipment originally suppliedby the United States.The Chilean observation was not unique.LatinAmerica has finally realized that the United States is not a dependable  \nsource,something that may have been a costly lesson to Latin America,but one thatwill proliferate to other fields as well to make this extremely costly to the UnitedStates too.  \nYou wil1 remember that the U.S.government has always quietly warnedthe Latin Americans that when they buy infrastructure equipment,public utiliy plants,and the like from Soviet Russia,they risk the fact that Russian action on spare partsis always directly related to political objectives,so that in a pinch,when Russianpolitical objectives dictate,the Latin Americans might find themselves unable to usethe plants.Now,the U.S.has adopted this worst of all possible devices as part ofits policy implementation.Any notion that the potential buyer will believe the policywill be restricted to military equipment is foolish and dangerous in the extreme.  \nOddly enough,the action came as the United States was informing therebel Nicaraguan government that it would be pleased to consider their requests formilitary equipment for the army it is planning,an army so_far beyond the needs ofthe country as to reveal clearly the role intended by the Soviet-Cuba blueprint forcapture of the rest of Central America.  \n# How can policy of this kind be justified?\n\nA weekly leter for burinessmen prblisbnd prinsdly inWasbingion,D.C.  \n(3)It might be noted that during the debate on foreign aid in the Senate,NON-LETHALSenator Helms asked whether the Senate agreed that the House bill provi-EXPORTS TOsion would permit non-lethal exports to such countries as Chile who wantCHILEfriendly relations with the United States.  (The Senator from Kansas hadspoken of training planes,civil aircraft,etc,which are manufacturedin her State).Senator Jackson agreed that \"there is agreement in the  \nSenate that \"IF PROPERLY INTERPRETED BY THE EXECUT IVE BRANCH,\"the House provisionmakes it clear that \"we have an open mind about all friendly countries like Chile interms of non-lethal exports,\"  \nThe catch,of course,is \"if properly interpreted by the Executive Branch,\"because in this administration,implementation of legislation has little to do withconstitutional procedures,as can be seen in the action on H.R.111,the Panama Canalimplementation bil1.  \n(4)You see this best perhaps in the raging dispute over the export con-EXPORTtrol system.  You wil1 recall that at the reque","cbCaisftGNgShIHQ","https://ap.wps.com/l/cbCaisftGNgShIHQ","pdf",1308949,"English","# How can policy of this kind be justified?\n# U.S.-Mexico trade outlook\n# Arms, influence, and Latin American dependency\n# Senate debate: non-lethal exports and executive interpretation\n# Export control system controversy","[{\"question\":\"What trade outlook does the letter give for the U.S. and Mexico?\",\"answer\":\"It states that U.S. trade with Mexico was predicted to reach about $70 to $80 billion by the middle of 1980s, with Mexico becoming the second or third largest trading partner by the mid-1980s.\"},{\"question\":\"How does the letter describe the impact of U.S. policy on Latin American countries?\",\"answer\":\"It argues that U.S. policy choices—especially around arms, spare parts, and infrastructure equipment—make the United States an unreliable source and can leave buyers unable to use equipment when political objectives change.\"},{\"question\":\"What dispute is highlighted regarding export controls and the Commerce Department?\",\"answer\":\"It describes a dispute over the export control system, testimony criticizing the system as a “shambles,” and subsequent efforts by Commerce leadership amid demands for dismissal and wider concerns about trade policy effectiveness.\"}]","HANSON'S LATIN AMERICAN LETTER - Washington - 11 August 1979 - Number 1795 | PDF",1789963574,13]