• Short Summary

    The international Conference on Energy and Raw Materials opened in Paris on Tuesday (16 December) with the United States claiming that lower oil prices would eventually benefit everyone -- including the oil producers.

  • Description

    The international Conference on Energy and Raw Materials opened in Paris on Tuesday (16 December) with the United States claiming that lower oil prices would eventually benefit everyone -- including the oil producers.

    The conference was organised by the French President Valery Giscard D'Estaing after months of delicate preparatory negotiations.

    The U.S. Secretary of State, Dr. Henry Kissinger, delivering the U.S. position at the opening of the 27-member conference on international economic cooperation, also said that the industrialised nations alone could not be expected to relieve poverty, injustice and want. And he called on the oil producing nations to take a greater role in solving world economic problems.

    Meanwhile, the nine-nation European Common Market promised to share with developing countries, the responsibility for building a future world economy.

    The French President told the meeting that there was a need for greater justice in organising the troubles world economy.

    SYNOPSIS: Paris ... where the International Conference on Energy and Raw Materials opened on Tuesday with the United States claiming that lower oil prices would help everyone.

    French President Valery Giscard D'Estaing -- the organiser of the conference -- spent months finalising seating arrangements and the agenda for the conference. Its existence is regarded as a triumph for the French leader.

    U.S. Secretary of State Dr. Henry Kissinger also told the twenty-seven-member conference the industrialised nations alone could not be expected to relieve poverty, injustice and want.

    Dr. Kissinger called on the oil producing nations to take a greater role in solving world economic problems. Meanwhile, the nine-member European Common Market promised to share with developing nations, the responsibility for building a future world economy.

  • Tags

  • Data

    Film ID:
    VLVAC0N742KYM569GD8535OAIDVSW
    Media URN:
    VLVAC0N742KYM569GD8535OAIDVSW
    Group:
    Reuters - Including Visnews
    Archive:
    Reuters
    Issue Date:
    16/12/1975
    Sound:
    Unknown
    HD Format:
    Available on request
    Stock:
    Colour
    Duration:
    00:01:04:00
    Time in/Out:
    /
    Canister:
    N/A

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