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.
GV INTERIOR Shah of Iran accompanied by President Echeverria's wife followed by President Echeverria and Empress Farah into banquet hall
SCU Shah receives the Mexican Order of the Aztec
SV Guests look on
SCU President Echeverria presents Empress Farah with gift
SV ZOOM OUT FROM Guests clapping TO Shah and party walking in Great Hall to meet guests
GV Mexican cowboys demonstrating the bull fight
CU President Echeverria and Shah look on
SV Mexican couples performing
SV Violins serenading the guests
SV Shah and President applauding
SV Newsmen and Shah and President toasting each other
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Background: 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.