From the Atlanta Business Chronicle

The Latin American division of the Coca-Cola Co. has given $1.5 million to the Carter Center and Emory University for a scholarship program and conference series to promote better relations in Latin America and the Caribbean, the Atlanta Business Chronicle reports.

The donation will help fund a program, the Forging New Partnerships for Growth in Latin America program, which was unveiled last year to promote academic, economic, political and social cooperation between U.S. groups and Latin American and Caribbean countries.

The $1.5 million will be distributed equally to Emory and the Carter Center in increments of $300,000 a year for the next five years. The center will use its share of the money to fund regional investment conferences, the first of which will be held May 4-5, 1999 and feature acting and former presidents of Latin American countries.

Emory will fund 15 scholarships for Latin American and Caribbean students admitted to either the Graduate School of Arts and Sciences or the Goizueta Business School starting next fall.

The Atlanta-based Carter Center is a nonprofit, nonpartisan public policy institute founded in 1982 by former U.S. president Jimmy Carter and his wife, Rosalynn, to promote democracy, economic reform and modern health care around the world.

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