FRANCE: DELEGATES FROM NINETEEN OIL-PRODUCING AND DEVELOPING COUNTRIES MEET IN PARIS.

Record ID: 344652

  • Title: FRANCE: DELEGATES FROM NINETEEN OIL-PRODUCING AND DEVELOPING COUNTRIES MEET IN PARIS.
  • Date: 6th January 1976
  • Summary: 1. SV Arc de Triomphe 0.05 2. CU Sign "Avenue Kleber" 0.10 3. CU Sign "Centre de Conferences Internationales" 0.16 4. MV Leader of Saudi Arabian delegation arriving 0.22 5. CU Saudi leader speaking to newsmen 0.45 6. SV African delegates arriving and walking into building 0.54 7. MV Algerian delegates arriving 1.05 8. CU Leader of Algerian delegation, M. Ait Challal, speaking to newsmen 1.28 9. MV Other delegates entering building 1.31 ARC DE TRIOMPHE: AVENUE KLEBER: CONFERENCE BUILDING: SAUDI ARABIAN DELEGATION ARRIVING: SAUDI ARABIAN LEADER SPEAKING TO REPORTERS: AFRICAN DELEGATES ARRIVE AND WALK INTO BUILDING: ALGERIAN DELEGATES ARRIVE AND LEADER TALKING TO REPORTERS. Initials BB/1600 DE/DE/BB/1645 Script is copyright Reuters Limited. All rights reserved
  • Embargoed: 21st January 1976 12:00
  • Keywords:
  • Location: PARIS, FRANCE
  • Country: France
  • Reuters ID: LVA1WLD74FK89Y72C4A8YV9VHOTM
  • Story Text: Representatives of nineteen third world nations, including eight major oil producers, gathered in Paris on Monday (5 January) to draw up a common strategy for talks with the industrial world on energy and other critical economic problems.

    It was the first meeting of the countries since they reached agreement with the industrial nations in Paris last month on setting up four negotiating commissions to tackle the world's most troublesome economic issues.

    The commissions, scheduled to start work on II February, will deal with energy, raw materials, development and related financial problems. Their work marks the real beginning of the consumer-producer dialogue which has been stumbling along for more than a year, beset by procedural squabbles and organisational obstacles.

    But the Third World nations have to settle their own differences ... some political, some tactical ... before they can confront the industrial nations in commission bargaining. The Paris meeting was to try and resolve some of these differences.

    The main problem is whether to insist on setting firm guidelines for the work of the commissions.

    Algeria, the most radical of the producer states and a champion of the poor developing nations, wants rigid commission mandates to ensure that the Third World Countries will be able to discuss the issues they consider most essential. These are particularly indexing the prices of oil and raw materials to Western inflation.

    But the most prominent Third World representatives, including Saudi Arabia, Iran and Brazil, are believed to be anxious to avoid taking a tough political stand on guidelines that could undermine the negotiations from the start.

    The United States and its industrial allies also want to keep the Commission agendas as flexible as possible.

    The nineteen Third World nations had little chance to debate this problem at last month's conference. If they can work out a common position it will be put to a restricted Industrial-Third World meeting on 26 January. This group is empowered to prepare the work of the commissions.
  • Copyright Holder: REUTERS
  • Copyright Notice: (c) Copyright Thomson Reuters 2015. Open For Restrictions - http://about.reuters.com/fulllegal.asp
  • Usage Terms/Restrictions: None
Register