Directory of Economic, Commodity and Development Organizations - table of contents

FINANCIAL FUND FOR THE DEVELOPMENT OF THE RIVER PLATE BASIN

Fondo Financiero para el Desarrollo de la Cuenca del Plata (FONPLATA)



HEADQUARTERS



España 74                                                 Postal Add: Casilla Correo 47
Sucre                                                     Telephone:  [591](4)646-0207/645-3888
Bolivia                                                   Facsimile:  [591](4)646-2511
                                                          
Operative Agency
Av. Irala 573                                             Postal Add: Casilla Correo 2690
Edificio FONPLATA                                         Telephone:  [591](3)336-6611
Santa Cruz                                                Facsimile:  [591](3)337-1713
Bolivia                                                   Telex:      4610 FOPLATA BV
                                                          E-mail:     fonplata@fonplata.org
                                                          Internet:   www.fonplata.org
     
                                                          
Projects Prosecution Office
Presidente Franco esq. Ayolas                             Postal Add: Casilla Correo 2761
Edificio Ayfra, Piso 10                                   Telephone:  [595](21)49-8866
Asuncion                                                              [595](21)44-4653
Paraguay                                                  Facsimile:  [595](21)44-4653
                                                          Telex:      44266 FOPLATA PY
                                                          Internet:   www.fonplata.org

          Executive Secretary:       ...     Walter VILLALBA Zaldívar

                           Directors and Alternates

          Argentina                  ...     Roberto Antonio MORI
                                                José Luis FERNÁNDEZ
          Bolivia                    ...     Alfonso KREIDLER
                                     ...        Agustín SAAVEDRA WEISE
          Brazil                     ...     Benvindo BELLUCO
                                                (vacant)
          Paraguay                   ...     Julio SANABRIA
                                                (vacant)   
          Uruguay                    ...     Even ESTEFANELL C.
                                                (vacant)




LANGUAGES: Portuguese, Spanish


ESTABLISHMENT AND FUNCTIONS



The Financial Fund for the Development of the River Plate Basin (FONPLATA) was created in accordance with the provisions of the River Plate Treaty of 1969 for the development and integration of the subregion.  The Articles of Agreement were signed on June 12, 1974 and became effective on October 14, 1976.

FONPLATA's objective is the financing, within the terms of Article 1 of the River Plate Treaty, studies, projects, programs and tasks that promote the harmonic development and physical integration of the River Plate, assigning for such effect their own financial resources and those obtained from other financial sources.

The authorized capital of FONPLATA is US$308 million, of which 87.01 percent is paid-in and 12.99 percent is callable.  Paid-up capital, as of  December 31, 2000, was US$268 million. From the beginning of the activities of FONPLATA until December 31, 2001, 54 loans have been approved, for the amount of US$383.3 million.

COMPOSITION


5 member countries:  Argentina, Bolivia, Brazil, Paraguay, Uruguay

STRUCTURE


The Board of Governors is composed of one Governor and one Alternate Governor for each member country, usually a Minister and/or Central Bank Governor.  The Board meets annually on the same occasion as the Chancellors of the Plata Basin, and on other occasions as necessary.

The Executive Board of Directors is composed of five Executive Directors and five Alternates appointed by their respective Governors with no defined term of office.  The chairmanship is exercised, for a one-year term, based on an alphabetical rotation among member countries.  The Executive Board guides operations in general and exercises powers delegated to it by the Board of Governors.

GENERAL PUBLICATIONS


Annual Report


UPDATED:  December 2003




Directory of Economic, Commodity and Development Organizations - table of contents