THE PRESIDENT'S DAILY BRIEF 11 FEBRUARY 1974

• Document Type: FOIA
• Collection: President's Daily Brief 1969-1977
• Document Number (FOIA) /ESDN (CREST): 0006007671
• Release Decision: RIPPUB
• Original Classification: T
• Document Page Count: 7
• Document Creation Date: August 14, 2016
• Document Release Date: August 24, 2016
• Publication Date: February 11, 1974

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Declassified in Part - Sanitized Copy Approved for Release 2016/07/19 : CIA-RDP79T00936A012000010006-7
The President's Daily Brief
February 11, 1974
Declassified in Part - Sanitized Copy Approved for Release 2016/07/19 : CIA-RDP79T00936A012000010006-7
Declassified in Part - Sanitized Copy Approved for Release 2016/07/19 : CIA-RDP79T00936A012000010006-7
Exempt from general
declassification schedule of ED. 11652
exemption category 5B(
declassified only on approval of
the Director of Central Intelligence
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Declassified in Part - Sanitized Copy Approved for Release 2016/07/19 : CIA-RDP79T00936A012000010006-7
Declassified in Part - Sanitized Copy Approved for Release 2016/07/19 : CIA-RDP79T00936A012000010006-7
FOR THE PRESIDENT ONLY
THE PRESIDENT'S DAILY BRIEF
February 11, 1974
PRINCIPAL DEVELOPMENTS
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A meeting of the heads of state of Egypt, Saudi Arabia,
Algeria, and Syria is tentatively scheduled for Febru-
ary 13 in Aswan
President Sadat, King Faysal, and President
hope to nudge Syria's President Asad toward
Israel on disengagement. (Page 1)
Boumediene
talks with
The long-term agreement between France and Iran signed
on Saturday offers France the prospect of major sales
of industrial equipment, but it will be a year or two
before French earnings will be significarit. (Page 2)
The EC foreign ministers are likely to approve, at
their meeting on February 14, proposals for coopera-
tion with Arab nations in a wide range of fields. If
the Arabs respond favorably to the plan, mixed EC-Arab
working groups would eventually be established.
(Page 3)
FOR THE PRESIDENT ONLY
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Declassified in Part - Sanitized Copy Approved for Release 2016/07/19 : CIA-RDP79T00936A012000010006-7
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FOR THE PRESIDENT ONLY
MIDDLE EAST
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A meeting of the heads of state of Egypt, Saudi
Arabia, Algeria, and Syria is tentatively scheduled
in Aswan, Egypt
The presence of Syria's President Asad
remains in doubt.
Egyptian Foreign Minister Fahmi so far has denied
press reports of the meeting.
The meeting is beginning to surface in the press.
According to a Cairo press report, the heads of state
will also discuss the oil embargo and plans for po-
litical negotiations after the disengagement of forces
is completed.
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FOR THE PRESIDENT ONLY
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FOR THE PRESIDENT ONLY
FRANCE IRAN
The long-term French-Iranian agreement signed
on Saturday offers France the prospect of major
sales of industrial equipment. The French can also
point to the deal as a success in their policy of
concluding government-to-government deals with the
oil-producing countries.
Even if most of the proposed projects are
built, however, it will be a year or two before
French earnings will be significant. France will
receive some payment in the form of natural gas and
oil-exploration rights, but oil trade was not spe-
cifically mentioned
several
contracts worth about $3 billion are in arCadvanced
stage of negotiation and that the latest talks
_added projects worth an additional $1.5 to 2 bil-
lion. The projects include nuclear power plants,
a liquefied natural gas plant, a petrochemical com-
plex,-and liquefied natural gas tankers. No sched-
ules for beginning the projects were released.
?As part. of the package, France indicated an
interest in building a natural gas pipeline from
Iran to Europe. This long-standing notion,, reflect-
ing the ambitions of French industry, was touted as
an opportunity for European cooperation.
FOR THE PRESIDENT ONLY
Declassified in Part - Sanitized Copy Approved for Release 2016/07/19 : CIA-RDP79T00936A012000010006-7
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Declassified in Part -Sanitized Copy Approved for Release 2016/07/19 : CIA-RDP79T00936A012000010006-7
FOR THE PRESIDENT ONLY
EC - ARAB STATES
The EC foreign ministers, at their next meet-
ing on February 14, are likely to approve the pro-
posals for cooperation with Arab nations which the
EC political directors agreed to last week. The
proposals would offer cooperation between the EC
Nine and the Arabs in such fields as transportation,
industry, agriculture, technical training, and
science.
France suggested the present plan, essentially
as it now stands, at a political directors' meeting
in January. It is a response to the Arab request
last December for "cooperation with,Europe in all
fields on the basis of mutual respect and benefit."
Should the Arabs respond favorably to the plan,
mixed EC-Arab working groups would be established,
and an Arab-European conference would be convened,
probably this fall.
FOR THE PRESIDENT ONLY
Declassified in Part - Sanitized Copy Approved for Release 2016/07/19 : CIA-RDP79T00936A012000010006-7
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Top Secret
Declassified in Part - Sanitized Copy Approved for Release 2016/07/19 : CIA-RDP79T00936A012000010006-7