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Big Changes In Wool Secretariat Expected

(N.Z. Press Association—Copyright) MELBOURNE, December 15. Australia is expected to gain virtual control of the International Wool Secretariat, under a sweeping reorganisation of the secretariat which may be announced tomorrow, it was learned here today.

In the past, the three member nations of the Secretariat—Australia, New Zealand, and South Africa—have had equal voting rights. Under the new plan. Australia is expected to have voting power commensurate with the proportion of the secretariat's budget she provides—62 per cent. The announcement of the new world wool-promotion plan, approved by the Australian Wool Bureau yesterday, has been de-

layed three times. The announcement is now expected early tomorrow. after the second day of the South African Wool Board’s meeting in Pretoria. “On Business Footing’’

The new plan has as its object the placing of world wool promotion on a business footing. To this end the international wool secretariat is expected to appoint a managing director and three regional directors. The regional directors would be stationed in Europe, America, and the Far East.

The managing director—a highly-paid wool man, to be appointed after a world-wide search —probably would be stationed in Australia.

The chairman of the Australian Wool Bureau (Mr W. A. Gunn) is expected to be the first chairman of the reorganised secretariat

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/CHP19601216.2.151

Bibliographic details

Press, Volume XCIX, Issue 29389, 16 December 1960, Page 18

Word Count
216

Big Changes In Wool Secretariat Expected Press, Volume XCIX, Issue 29389, 16 December 1960, Page 18

Big Changes In Wool Secretariat Expected Press, Volume XCIX, Issue 29389, 16 December 1960, Page 18