Pres. Panfilo Domingo,
I am disturbed by the attached news that EEC [European Economic Council] has bought 5 years supply of sugar at $360 per ton or .1609 cents (US) per pound.
I have issued orders to sell our sugar only on a five-year contract for at least 24 cents s pound like the Australian-Mitsubishi Corp. contract also for five years
F. E. Marcos [Signed]
Office of the President of the Philippines