Latin America countries are alike in many ways, but they differ widely in respect to present and future problems in energy and mineral resources. Rapidly rising demands for energy already have created serious trade-balance problems for some countries. As development rate accelerates, Latin America will be consuming an ever increasing share of its own mineral resources most of which are now exported. As a region, Latin America is rich in energy and mineral resources. For a group bound by history, culture, and language, a logical approach for the future is to make a joint study of the situation, and to propose a unified formulation of a regional development plan which will make most effective use of each country's potential for the mutual benefit of all the Latin American c untries.

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