Weekly Report - 23 March 2004

Armen Kouyoumdjian, a Chile-based specialist in strategic matters, writes to amend the `perceived message' of our article last week on plans regarding the Chilean military's guaranteed revenues from copper exports (WR-04-11). He says, `The idea to do away with the Ley Reservada del Cobre is to do away with the uncertainties and limitations that it imposes [...] on funding long-term re-equipment projects, hoping to introduce longer-term firmly funded programmes. The end-result is most likely to be more, not less money [...]