The North-South Dialogue between rich and poor nations seeking a fairer world economic balance resumed in earnest in Paris, France, on Tuesday (14 September) after a two month deadlock.
GV & CU Conference centre and sign outside (two shots)
GV INT Meeting in progress.
GV ZOOM IN ON President of meeting.
SV PAN Delegates from Algeria, Saudi Arabia, Brazil, Canada and Egypt seated.
CU PAN Delegates from USA, seated.
SV Other delegates
CU PAN Canadian and Brazilians seated.
CU Delegates from Venezuela, Switzerland, Japan, Jamaica, Iran Iraq and India.
LV PAN Meeting in progress.
Initials VS 18.40
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Background: The North-South Dialogue between rich and poor nations seeking a fairer world economic balance resumed in earnest in Paris, France, on Tuesday (14 September) after a two month deadlock.
SYNOPSIS: The talks, involving 27 major industrial states, oil exporters and developing countries started last February. But in July they got bogged down over the twin issues of debt relief and the protection of the purchasing power of energy and raw material producers. The industrial side, including the United States, Canada, Japan and the European Economic Community, complained that the developing nations were pushing too hard for prior commitments to solve these problems. After weeks of behind-the-scenes bargaining, the way was cleared for substantive negotiations to start again in the four specialist commissions of the dialogue. These deal with energy, raw materials, development aid and finance.
Key figures in the compromise which unblocked the dialogue - officially entitled Conference on International Economic Cooperation - were its co-chairmen. They're Venezuelan Minister of State Manuel Perez Guerrero and Canadian External Affairs Ministers Allan Maceachen.
The four specialist commissions are being held in private for the remainder of this week. Further sessions will then be held in October and November in an effort to agree on proposals for a decisive ministerial conference in December. But while the industrial side has agreed to study any proposals which the developing nations may submit up to an October 31 deadline, it has stubbornly refused to be pinned down to any prior commitments.