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).
SV crowd with pro Sadat banners.
SV interior Sadat and Wilson shaking hands, Callaghan standing on right.
CU Sadat and Wilson talking and leaving room.
GV city of London PAN to Mansion House.
SV interior mayor leads Mrs. Sadat and President.
TV Mansion House banquet in progress
TV AND GV banquet guests applaud.
TRANSCRIPT: SEQ. 6: PRESIDENT SADAT: "You are aware of the agreement (indistinct) the explosive situation (indistinct) the chance of peace. However, we should never lose sight of the fact that (indistinct) if we are to make peace. (Indistinct) The momentum for peace should not be wasted or misused. I have stated on many occasions that we welcome an active and positive role by Europe in the process of peace, specially I express our hope that the United Kingdom takes an active part in this respect. I need not dwell on the elements that bind Europe and the Middle East strategically economically and otherwise."
This film is serviced with comments made by President Sadat at the luncheon.
Script is copyright Reuters Limited. All rights reserved
Background: 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".