President Valery Giscard D'Estaing of France of Thursday (24 October) called for an international conference of oil-producing and consuming nations to seek solutions to the world energy crisis.
GV INTERIOR President Giscard D'Estaing enters press room at Elysee Palace
SV and GV Newsmen at conference
SCU President D'Estaing
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Background: President Valery Giscard D'Estaing of France of Thursday (24 October) called for an international conference of oil-producing and consuming nations to seek solutions to the world energy crisis.
President Giscard D'Estaing was speaking at his second foreign-policy news conference in Elysee Palace since his election in May.
He said the oil conference -- to the held dearly next year -- should try to guarantee the exporting nations a reasonable protection of their revenues; it should also seek an adjustment in the general level of oil prices.
He called for concerted action (other than confrontation) in dealing with the energy crisis. He said France had refused to join its chief industrial allies in a common front on energy. He was referring to the United states' proposal of an international energy agency of 12 consuming countries.
On the Common Market (EEC) the French President said he had issued invitations for a Summit Conference with leaders of the EEC countries to be held in Paris in the next few weeks.
He added this was to resolve the obstacles preventing decisions on the future of Europe. It would cover institutional problems and political co-operation.
He also spoke on the Middle East problem and stressed there could be no durable peace in the region as long as a just solution was not found for the Palestinian people.
He said the Palestinians were a reality, an entity and a people. On the other hand, he said, France defended the right of Israel to have secure and recognised borders.
SYNOPSIS: French President Giscard D'Estaing held his second foreign policy news conference at the Elysee Palace in Paris on Thursday. He spoke on the Middle East problem and said there could be no durable peace unless a solution was found for the Palestinian People.
The French President went on to say that the Palestinians were a reality, an entity and a people. However, while acknowledging their problems, he said France defended the right of Israel to have secure and recognised borders. Another main subject of President Giscard D'Estaing's conference was the shortage of oil. He called for an international conference of oil-producing and consuming countries to find out ways to solve the problem He said any form of confrontation would only worsen the problem rather than help it. The French President added that his country would not -- for this reason -- job the twelve-nation international agency proposed by the United States.
On the Common Market, President Giscard D'Estaing said he had sent out invitations to the leaders of the EEC for a summit meeting in Paris in the next few weeks to discuss institutional problems and political co-operations to overcome obstacles preventing decisions on the future of Europe. He confirmed that he wanted to revise Gaullist Common Market policy by easing the decision-making process in the EEC Council of Ministers. He would like to see regular meetings between European leaders several times a year. And added that Europe should adopt a medium-term view of its future on matters such as balance of payments. employment levels and the supply of energy and raw materials.