• Short Summary

    The President of Venezuela, Carlos Perez, arrived in London on Monday (22 November) for oil talks with British leaders.

  • Description

    The President of Venezuela, Carlos Perez, arrived in London on Monday (22 November) for oil talks with British leaders.

    SYNOPSIS: On Tuesday (23 November) President Perez laid a wreath to honour the memory of Venezuelan born liberator. Simon Bolivar, whose efforts led to the freeing of six South American states from Spanish rule. A detachment of Lifeguards formed a guard of honour for the ceremony which took place at the Simon Bolivar statue in Belgrave Square. The main subject of President Perez' talks will be oil. He's reported to have told Britain's Prime Minister. James Callaghan, that he would support an increase in world prices. However, he gave no indication of the percentage increase that Venezuela would support. The matter will be discussed at a meeting of OPEC --- the Organisation of Oil Exporting Countries --- on 15 December.

    Later on Tuesday, President Perez visited the nearby Hispanic and Luso Brazilian Council Building. He is reported to have said during his initial talks on Monday that world inflation had eroded 32 per cent of his country's oil exports. Venezuelan officials are reported to believe that Britain may soon alter her stand against a rise in oil prices.

    British officials are understood to have said a rise in oil prices would paralyse the world's recovery from economic depression. However the Venezuelans believe that with Britain on the threshold of becoming an oil exporter, utilising its North Sea field, it should support rather than oppose higher prices. They feel that oil could become the means by which Britain might extract itself from its current economic troubles, and join the ranks of the oil producers.

  • Tags

  • Data

    Film ID:
    VLVA2SX9DNWM9LJTYC51H58Q7U34K
    Media URN:
    VLVA2SX9DNWM9LJTYC51H58Q7U34K
    Group:
    Reuters - Incuding Visnews
    Archive:
    Reuters
    Issue Date:
    23/11/1976
    Sound:
    Unknown
    HD Format:
    Available on request
    Stock:
    Colour
    Duration:
    00:01:41:00
    Time in/Out:
    /
    Canister:
    N/A

Comments (0)

We always welcome comments and more information about our films.
All posts are reactively checked. Libellous and abusive comments are forbidden.

Add your comment