• Short Summary

    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.

  • Description

    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.

  • Tags

  • Data

    Film ID:
    VLVA1WLD74FK89Y72C4A8YV9VHOTM
    Media URN:
    VLVA1WLD74FK89Y72C4A8YV9VHOTM
    Group:
    Reuters - Including Visnews
    Archive:
    Reuters
    Issue Date:
    06/01/1976
    Sound:
    Unknown
    HD Format:
    Available on request
    Stock:
    Colour
    Duration:
    00:01:32:00
    Time in/Out:
    /
    Canister:
    N/A

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