The world's leading, non-Communist industrialised nations have agreed to step up economic expansion next year to try and curb unemployment.
SV Elysee Palace in Paris
SV Officials seated
SV President Valery Giscard d'Estaing and U.S. Secretary of State, Cyrus Vance, seated
SV Icelandic officials PAN TO Italians
SV Delegates from Norway, New Zealand, Switzerland, EEC, West Germany, Canada, France, United Kingdom, Japan, USA seated (8 shots)
SV Vance and Giscard d'Estaing seated ???(MUTE)
SV Vance speaking to newsmen (3 shots)
TRANSCRIPT: REPORTER: "Would you say President Giscard d'Estaing plays the part of the go-between the United States, I mean Washington and Moscow -- because the relationship between the two are not that good right now."
SEQ. 7: VANCE: "The relationships between the United States and the Soviet Union are frank and we are exchanging views with them on many, many subjects at all times. We appreciate, of course, the advice and help we get from others from time to time, but our relations with the Soviet Union are very satisfactory."
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Background: The world's leading, non-Communist industrialised nations have agreed to step up economic expansion next year to try and curb unemployment. The move was agreed at the end of a meeting of the 24-nation Organisation for Economic Co-operation and Development (OECD) in Paris on Friday (24 June).
SYNOPSIS: The meeting provided the member countries with an opportunity to co-ordinate their economic policies. The delegates issued a joint communique on Friday.
In it, the governments agreed to aim for an average growth of five percent. They also called for a high-level conference on unemployment among young people to be convened urgently. French President Valery Giscard d'Estaing and American Secretary of State Cyrus Vance had talks after the meeting.
Mr Vance indicated the main topic of conversation was the recent talks between President Giscard and Soviet leader Leonid Brezhnev.
VANCE: "President Giscard conveyed to me some information in respect to his meeting with General Secretary Brezhnev, which he asked to convey to President Carter and I shall do that tomorrow morning when I'm having breakfast with President Carter in the United States."