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(Studio) Ldrs. of Arab world finish conference in Algiers, Algeria.
REPORTER: Walter Cronkite
(Algiers, Algeria) Arab leaders agree on common oil policy. Japan's and Philippines' oil shortage won't worsen. Most Arab cntrys. agree to back Egypt and Syria fully. Arab leaders recognize Yasir Arafat as sole representative of Palestinian people. Many Palestinians ready to meet with Israel along with other Arab representatives to discuss peace.
REPORTER: Bill McLaughlin
- Cronkite, Walter;
- McLaughlin, Bill
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