FRANCE: ORGANISATION FOR ECONOMIC CO-OPERATION AND DEVELOPMENT COMMITTEE MEETING ON SHIPBUILDING CRISIS ENDS IN STALEMATE.

Record ID: 590789

  • Title: FRANCE: ORGANISATION FOR ECONOMIC CO-OPERATION AND DEVELOPMENT COMMITTEE MEETING ON SHIPBUILDING CRISIS ENDS IN STALEMATE.
  • Date: 12th January 1977
  • Summary: 1. GV EXTERIOR: conference building, Paris, France. 0.05 2. GV INTERIOR: Japanese delegation down steps. 0.18 3. SV: other delegates down stairs. 0.24 4. SV: Japanese delegation walk through door. 0.30 5. SV PAN: delegate walking along corridor and through door. 0.40 6. SV: one Japanese and several European delegates walking through doorway. 1.00 ADDITIONAL INFORMATION The O E.C.D. was founded in 1961 to achieve high economic growth and employment among member countries, to co-ordinate and improve development aid and to help expand world trade. It has 24 full members - mainly developed, industrial countries - and its headquarters are in Paris. Initials RH/MF/JB/2355 Script is copyright Reuters Limited. All rights reserved
  • Embargoed: 27th January 1977 12:00
  • Keywords:
  • Location: PARIS, FRANCE
  • Country: France
  • Reuters ID: LVADY12D460QWD234W0Y1ZCJ93TK
  • Story Text: INTRODUCTION In Paris members of the ship-building committee of the Organisation for Economic Co-operation and Development met on Tuesday (11 January) for talks aimed at resolving a worldwide crisis in the industry.

    SYNOPSIS: For the past three months the European Economic Community has been pressing Japan to accept a market sharing arrangement which would give West European shipyards some prospects of survival during the next three or four years of the current world shipping crisis. But during the meeting in Paris Japan rejected proposals for equal sharing of available ship-building orders.

    Mr. Shinichi Yanai, deputy leader of Japan's permanent mission to the O.E.C.D., told newsmen that his country remained opposed to market sharing because it contradicted the basic principles of western economies. He did, however say that Japan had no intention of increasing its share of world markets, which in the O.E.C.D. area stands at 70 to 80 per cent. European delegates described Japan's attitude as very disappointing, but they said that Japan's agreement to attend a further meeting of the committee in February offered grounds for limited optimism.
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