• Short Summary

    President Anwar Sadat - the first Egyptian President to visit Britain since the 1956 Suez crisis - addressed a luncheon in the ancient financial district of London on Friday (7 November).

  • Description

    President Anwar Sadat - the first Egyptian President to visit Britain since the 1956 Suez crisis - addressed a luncheon in the ancient financial district of London on Friday (7 November).

    The President told his guests Egypt wants to become an investment haven for capitalist businessmen.

    He said his country under an open-door policy, was "creating the atmosphere that is conducive to investment on a stable basis". This is a distinct departure for Egypt which was once a leader of Arab militancy and extensively supplied by the Soviet Union.

    The President arrived in Britain on Thursday (6 November) after ten days visiting the United States. He had talks on Friday with Prime Minister Harold Wilson before addressing the luncheon. He urged British help in diplomacy towards Middle East peace and discussed economic cooperation and possible arms sales.

    The president was then guest of honour at the luncheon given by the Lord Mayor of London, Sir Murray Fox, at the 18th century mayoral residence Mansion House.

    He said Egypt's commitment to establish peace in the Middle East was the overriding factor in its policy.

    President Sadat told the luncheon that under a newly-passed law, foreign investors have become immune to "nationalisation, sequestrations and seizure".

    Mr. Sadat, in Britain for three days, said he wanted to buy more British arms and added "I shall be asking for all sorts".

  • Tags

  • Data

    Film ID:
    VLVA1CDDUH97D1VB4AU41S9LHL24J
    Media URN:
    VLVA1CDDUH97D1VB4AU41S9LHL24J
    Group:
    Reuters - Incuding Visnews
    Archive:
    Reuters
    Issue Date:
    07/11/1975
    Sound:
    Unknown
    HD Format:
    Available on request
    Stock:
    Colour
    Duration:
    00:01:52:00
    Time in/Out:
    /
    Canister:
    N/A

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