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OPEC Summit / Algeria #36557

ABC Evening News for Thursday, Mar 06, 1975
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(Studio) Ldrs. of OPEC (Organization of Petroleum Exporting Countries) try to project picture of unity. Iraq and Iran agree to end border dispute; action comes as surprise. OPEC (Organization of Petroleum Exporting Countries) agrees to freeze oil prices if West to change trade rules to insure producers that profits won't be lost to inflation.
REPORTER: Harry Reasoner

(Algiers, Algeria) OPEC (Organization of Petroleum Exporting Countries) charter drawn up during summit meeting Even before mtg. began, Venezuela's president announces he'll submit bill to his legislature to ntlize. oil resources of country Details of charter outlined. Producers believe any meeting between them and consumers should include representatives of 3rd world; also discussions shouldn't be limited to oil; all nat. resources should be discussed. United States disagrees with these conditions of charter.
REPORTER: Lou Cioffi

Reporter(s):
Cioffi, Lou;
Reasoner, Harry
Duration:
00:02:00

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