The major western industrial nations began face-to-face negotiations on oil prices on Wednesday (21 April) with representatives of the big oil exporters.
GV & CU Conference centre and sign (2 shots)
SV Delegates arrive
LV INT Delegates seated
SV INT Delegates from Brazil and Canada seated
SV Delegates from Saudi Arabia
SV japanese delegates
SV Delegates from Zaire
SV PAN Delegates from Jamaica ad Iran
TRACKING SHOT Delegates from Canada, Egypt and U.S.A.
CU Gendarme at door
GV PAN Conference in progress
CU Chairman of conference seated
SV Delegates from Canada, USA, Japan & Algeria seated (4 shots)
SV Table with delegates from Pakistan, Nigeria and Japan
GV Delegates seated
Initials BB/1820 YA/MR/BB/1830
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Background: The major western industrial nations began face-to-face negotiations on oil prices on Wednesday (21 April) with representatives of the big oil exporters.
The discussions, being held in Paris, are in the framework of the so-called "North-South dialogue", a complex new series of economic talks involving developed and developing countries.
The dialogue, launched in February, aims at leading ultimately to a fairer share-out of the world's wealth.
Wednesday's negotiations marked the beginning of the third phase of the dialogue, with week-long conferences scheduled in four specialist commissions dealing with energy issues, raw materials, development aid and finance.
Officials attending the meeting of the Energy Commission said that they had begun a study of the crucial oil prices issue.
But, they said, they would not become involved at this stage in questions of dollars and cents per barrel. They were merely expected to try to work out the best way of approaching the problem, including the relationship of oil prices to the rest of the world economy.
Members of the Commission include the Untied States, Japan and the nine European Common Market countries for the industrial side and Saudi Arabia, Iraq, Iran and Venezuela for the oil exporters.
Progress in the three other Commissions is likely to be curtailed because the fourth United Nations Conference on Trade and Development (UNCTAD) starts in Nairobi next month.
This meeting, at ministerial level, will cover much the same ground being dealt with in Paris.