• Short Summary

    Ministers of the nations belonging to the Organisation for European Economic Co-operation met in Paris, France, De 13, to formally wind it up and launch its successor - the Organisation for Economic Co-operation and Development.

  • Description

    Ministers of the nations belonging to the Organisation for European Economic Co-operation met in Paris, France, De 13, to formally wind it up and launch its successor - the Organisation for Economic Co-operation and Development. The new organisation includes the United States of America and Canada.

    The signing, at the Quay d'Orsay, followed a meeting at the Hotel Majestic when one or two points about its role were cleared up. The change is designed to give fresh impetus to the expansion of world trade and to provide a more balanced and equitable distribution of development aid - a major American objective throughout the consultations.

    The U.S. delegation was headed by Under-Secretary of State Douglas Dillon. Britain was represented by both chancellor of the Exchequer Selwyn Lloyd and Reginald Maudling, President of the Board of Trade. Other delegates included France's Foreign Minister, Maurice Couve de Murville; West Germany's Economics Minister, Professor Ludwig Erhard; and Canadian Finance Minister D.M.Fleming and the Canadian Commerce Minister, Mr. G.Hees.

    While in Paris, the Ministers connected with the two European economic groups - the "Six" (Common Market) and the "Seven" (European Free Trade Association) - will almost certainly hold informal talks to discuss ways of linking the two groups.

  • Tags

  • Data

    Film ID:
    VLVA65R1WGET8IBGQNWSDFNU4JENF
    Media URN:
    VLVA65R1WGET8IBGQNWSDFNU4JENF
    Group:
    Reuters - Incuding Visnews
    Archive:
    Reuters
    Issue Date:
    13/12/1960
    Sound:
    Unknown
    HD Format:
    Available on request
    Stock:
    Black & White
    Duration:
    00:01:00:00
    Time in/Out:
    /
    Canister:
    N/A

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