ABC Evening News for Monday, Jun 20, 1988
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(Studio: Peter Jennings) Report introduced.
(Toronto, Canada: Sam Donaldson) Failure of coup in Haiti to capture attention of economy summit in Canada reported [President REAGAN - says we haven't had time to assess Haitian situation.] Signing of agreement between Reagan and Japan's Prime Min. Noboru Takeshita on cooperation on technology reported; scenes shown. Issue of third world countries' debts detailed. [Treasury Secretary James BAKER - says these ntns. are flat on their backs.] Israel's bombing of Iraqi nuclear reactor in 1981 during economy summit recalled.
(Studio: Peter Jennings) Agreement by Japan to eliminate most trade restrictions on United States beef and oranges reported; impact of sales on United States farming noted. Report introduced.
(Toronto, Canada: Barrie Dunsmore) History of economy summits reviewed; details given, scenes shown. Org. of first summit by West Germany's Helmut Schmidt and France's Valery Giscard d'Estaing recalled. [In 1975, SCHMIDT - explains economypurpose of summit.] Formalization of agenda of later economy summit detailed; scenes shown. Problem of diversion of attention from economy issues at summit by world events reported; exs. given. [Ex-German econs. minister Otto LAMSDORFF - comments.] [Ex-United States negotiator Robert HORMATS - defends summit process.] [Ex-British foreign secretary David OWEN - discusses banning press from confs.] Photo opportunity afforded by nature of summits explained.
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