• Short Summary

    The Shah of Iran said in Mexico City on Friday (9 May) that a more "logical and equitative" structure in international finance and trade should be set up.

  • Description

    The Shah of Iran said in Mexico City on Friday (9 May) that a more "logical and equitative" structure in international finance and trade should be set up.

    Speaking at a banquet in his honour, the Shah called for a radical change in the present economic system to bridge the gap between rich and poor nations. He called this gap "absurd".

    Earlier, speaking to newsmen, the Shah again repeated his warning that oil prices would have to rise to cover inflation. He pointed out that this would be discussed at the next meeting of the Organisation of Petroleum Exporting Countries (OPEC) next month.

    He added that the meeting would also discuss the present "very difficult international monetary situation".

    During the banquet, Mexico's President Luis Echeverria decorated the Shah with the Order of the Aztec, Mexico's highest award.

    The Shah was on the second leg of a two-week working visit through Venezuela, Mexico and the United States to rally support for Iran's views on world inflation and the energy crisis.

  • Tags

  • Data

    Film ID:
    VLVA5PQXJXW5HQ49IKGZUPWSMB49F
    Media URN:
    VLVA5PQXJXW5HQ49IKGZUPWSMB49F
    Group:
    Reuters - Incuding Visnews
    Archive:
    Reuters
    Issue Date:
    11/05/1975
    Sound:
    Unknown
    HD Format:
    Available on request
    Stock:
    Colour
    Duration:
    00:01:59:00
    Time in/Out:
    /
    Canister:
    N/A

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