INTEltNATIONAl, BANK FOR



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                               RECONSTRtl::TION ANO DIVEl,OPMENT
     FOR. THE PRE8S                                                  FOR IMMEDIATE RELEASE
     Press Release No. 3~                                            F eb1"i1ary 12, 1953


          Eugene R. Black., President of' the International Bank for Reconstruction

     and Development, will leave New York tomorrow., February 13., on a f~?ven-week

     journey which will take him to Egypt., Lebanon., Jordan., Iraq, Syria., Et.hiopia

     and Turkey., in that order.   En route., he will spend a few days in London.

          Mr. Black is taking this trip to acquaint himself' at first hand with

     problems of econanic development in some of the Bank's mernber nations.         He will

     discuss these problems with officials and other persons concerned., and will

     visit some of the development p~oject$ being carried out in the countries

     he is visiting.    Mr. Black paid ~ilar visits to some        ot the Bank's member
     countries in Latin America in 1951., and in.1952 visited Pakistan, India, Ceylon.,
.,   Thailand and Australia.

          Hector Prud•homme of the Bank's staff., will accompany Mr. Black through-

     out his journey.    Doi..sey Stepnens and Feliks Bochenski., also of the Bank's

     start, will join   Mr. Black on his visits to Egypt., Lebanon., Jordan., Iraq and

     Syria; and William Diamond will be with him in Ethiopia and Turkey.

          Mr. Black will arrive in Cairo., Egypt, by air on Feb:ruary 18..      He will

     begin the I'eturn trip to Washington by air from Istanbul., Turkey., on March 30,

     and will sail for New York from Cherbourg on April 1.