Saudi Arabia's Planning Minister, Sheikh Hisham Nazer, has been holding talks with top Japanese government ministers on relations between the two countries.
SV INTERIOR: Saudi Arabia's Planning Minister, Hisham Nazer, enters room and greeted by Japanese Foreign Minister, Saburo Okita.
SV: Nazer and Okita seated talking
SV: Both Ministers talking
SV: Japanese Prime Masayoshi Ohira, and Nazer standing. Ohira welcomes Nazer in Japanese (2 shots)
SV: Saudi Arabian delegation look on.
CU: Ohira shakes Nazer's hand and presents him with medals.
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Background: Saudi Arabia's Planning Minister, Sheikh Hisham Nazer, has been holding talks with top Japanese government ministers on relations between the two countries. The visit comes at a time when OPEC(Oil Producing and Exporting Countries) members are renegotiating contracts to supply oil abroad.
SYNOPSIS: The Saudi Planning Minster, Sheik Nazer, arrived in Japan on Sunday (30 march). Japan's Foreign Minister, Saburo Okita entertained the Sheik at the Foreign Minister at the start of his five day official visit.
A statement from the Foreign Ministry said the two men would exchange views on foreign affairs, and bilateral relations. Japan in currently a major importer of Saudi oil and good relations between the two countries are vital to Japanese industry.
The japanese Prime Minister, Masayoshi Ohira has honoured a pledge to reduce oil usage. Japan recently announced a saving of five per cent in the past financial year. This target was set by the International Energy Agency, and endorsed by the Tokyo summit a month later. The saving equalled 1.5 million kiloliters.
The Saudi Oil minister, Sheikh Yamani, has criticised wastage by consumer nations. Unlike Venezuela and Kuwait, the Saudis have not announced dramatic cut-backs in production but they have warned that their reserves are limited.