He said Peru would become a net exporter of oil for the first time and should remain so at least until the year 2000.
By 1980 Brazil had become a net exporter of arms.
As a result, China has gone from being a net exporter of oil in 1993 to a large importer now.
"But they may not continue to be significant net exporters."
Iraq will not be a net exporter for 18 to 24 months.
As a result, Mexico became a net exporter of wheat by 1963.
So we believe China won't be a net exporter on a long-term basis.
The republic is a net exporter of food, paper and light industrial products.
Remarkably, China has today become a net exporter of rice.
All the other major countries are producers and net exporters.