Q
Is this the first contract … .?
PM
I very much hope so. We're very excited about it. We've worked hard to get the contract. We got it in the teeth of international competition, some of our biggest rivals. I was so happy that I had the opportunity to come to Mexico City to witness the … . and I just hope that it will usher in an era where once again Britain and Mexico see a lot more of one another … .
Q
Do you accept, as the international Press has asserted, that you do not believe problems can be solved … .?
PM
Well of course we have problems—problems of inflation—and it will be easier for us to help the south when we have conquered inflation, and the south knows that we have to pay a lot more for our goods when we have inflation so it will help that too. But you would never wait for things like that to solve themselves absolutely. In the meantime, we just have to help one another. But you know, it's not only a question of help as a matter of goodwill. We just depend on one another. A lot of the things that the developed world needs … . A lot of semi-manufactures … less developed countries. Then we take them,—full manufacture. We do depend on one another. There's a tremendous feeling that we all live in one world, and perhaps we might be able to arrange things so that's mutually beneficial. Not one at the expense of the other. What one does may help the other. … . It was wonderful that President Lopez Portillo convened the conference, and it's been a tremendous success.
Q
… . to existing international institutions?
PM
Well you know, there are a lot of existing international institutions, the United Nations, the World Bank, the International Monetary Fund, Agreement on Tariffs and Trade. There's one international agency after another, each with their own bureaucracy. We don't want to [end p1] set up another unless it would achieve some new purpose. So it's best to see that we work to the existing ones, and if we were to set up another, it is suggested Energy, it has to have a clear objective, it has to be able to attract money that wouldn't go elsewhere, and to be able to do things that couldn't be done elsewhere. We're not interested in creating more bureaucracy. We're interested in positive, practical things, to help the people who need help. And that's been the spirit,—it's been very obvious throughout the whole [inaudible] and I hope one day to see more of Mexico.