UN General Assembly
1981

119. At the regional level we took the initiative of inviting Mexico to participate in an Energy cooperation Pro-gramme for Central American and Caribbean Countries, not only guaranteeing these nations a supply of oil and favorable terms of payment, but permitting 30 per cent of the oil bill to be converted into long-term (20-year) loans at minimum interest (2 per cent) if used for development plans, particularly the search for new sources of energy. At the bilateral level, we have major cooperation programs with countries of diverse socio-political orientations, such as Nicaragua, Grenada, El Salvador, Dominica and Jamaica. We are also prepared to consider possibilities of cooperation with our brothers in Africa and Asia, within our modest limitations. We do this in the conviction that unconditional cooperation and the greatest respect for the international processes of Governments are tension-releasing and peace-generating factors.