• Short Summary

    Algeria and France resumed their difficult oil negotiations on Monday (18 January) when the Algerian Foreign Minister, Abdelaziz Bouteflika, and France's Minister for Industrial and Scientific Development, Francois Xavier Ortoli, met in Paris.

  • Description

    Algeria and France resumed their difficult oil negotiations on Monday (18 January) when the Algerian Foreign Minister, Abdelaziz Bouteflika, and France's Minister for Industrial and Scientific Development, Francois Xavier Ortoli, met in Paris.

    The Franco-Algerian talks are aimed at a wide-ranging financial and economic co-operation agreement to replace the 1965 accord. They were first started 16 weeks ago after President Pompidou and President Boumedienne intervened to avert a rift between the two countries as a result of Algeria's decision to raise the price of its oil to French companies. In the past France has enjoyed special oil privileges in its former North African colony.

    The present talks include discussion of the proposals made last weekend by Western oil firms to members of the Organisation of Petroleum Exporting Countries that a five-year international agreement be reached to end spiralling price rises.

    As the Paris talks continued today news came from Algiers of a message sent by M. Bouteflika to oil-producing countries urging them to close their ranks in the face of what he called a neo-colonialist-inspired alliance of major oil companies.

  • Tags

  • Data

    Film ID:
    VLVABI0261RYV7066V7LT4ELXA1OZ
    Media URN:
    VLVABI0261RYV7066V7LT4ELXA1OZ
    Group:
    Reuters - Source to be Verified
    Archive:
    Reuters
    Issue Date:
    19/01/1971
    Sound:
    Unknown
    HD Format:
    Available on request
    Stock:
    Colour
    Duration:
    00:00:53:00
    Time in/Out:
    /
    Canister:
    N/A

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