VENEZUELA: Oil and Abrazos in Washington

He is a certified Third World spokesman and a leading advocate of a "new international economic order." At the same time he is an OPEC chieftain presiding over a burgeoning economy and the head of one of Latin America's few democracies. With all those credentials, Carlos Andrés Pérez, the expansive President of Venezuela, was assured warm abrazos when he arrived in Washington last week as the first South American statesman to get a come-visit invitation from Jimmy Carter.

During his two-day stay, "Cap" Pérez hit it off big with his White House host. Carter praised his commitment to "individual freedom...

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