CALENDAR OF ECONOMIC EVENTS NOVEMBER 1974-JANUARY 1975

• Document Type: CREST
• Collection: General CIA Records
• Document Number (FOIA) /ESDN (CREST): CIA-RDP85T00875R001500130011-6
• Release Decision: RIPPUB
• Original Classification: C
• Document Page Count: 13
• Document Creation Date: November 11, 2016
• Document Release Date: April 9, 1999
• Sequence Number: 11
• Publication Date: November 1, 1974
• Content Type: REPORT

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Confidential
No Forcign Disserrr
Cater of Economic Events
November 1974 January 1975
Confidential
ER CEE 74-11
November 1974
ARC'I-!!V/% T,, .'T Copy No. ;S
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AGENCY AitC' V :;..,, 25X1A
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NATIONAL SECURITY INFORMATION
Unauthorized Disclosure Subject to Criminal Sanctions
Classified by 015319
Exempt from general declassification schedule
of E.O. 11652. exemption category:
45B(1), (2), and (3)
Automatically declass:fwd on:
Date impossible to Determine
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No Foreign Dissem
Page
Chronological Sequence
Economic Events, by Area of Interest .4
Multilateral Trade Negotiations .4
International Energy and Commodity Situation 4
Other Interregional Conferences 5
Western Europe . 5
Western Hemisphere 6
Middle East and Africa . 6
Non-Communist Asia and Pacific 7
USSR and Eastern Europe 8
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CALENDAR OF ECONOMIC EVENTS*
November 1974 - January 1975
Date Event
November
Continuing US-Panamanian negotiations on a new Canal treaty
9 Oct-1 Nov Sixth Meeting of Mixed Soviet-Japanese Economic Commission (Moscow)
20 Oct-5 Nov Japanese Prime Minister Tanaka visits Australia
30 Oct-4 Nov ESCAP meets on Industrial Development (Bangkok)
30 Oct-5 Nov Fourth World Tin Conference (Kuala Lumpur)
31 Oct-9 Nov Japanese Foreign Minister Kimura visits Egypt, Zaire, Tanzania, Ghana, and
Nigeria
3.4 Secretary Kissinger visits Romania
3-11 International Bauxite Association (Georgetown, Guyana)
3-24 Soviet Delegation on Weather Modification visits the United States
4 Secretary Kissinger visits Yugoslavia
45 OECD Economic Policy Committee Working Group on Short-Term Economic
Prospects (Paris)
4-6 West German economic mission vLits Saudi Arabia
4-6 Iron Ore Exporters (Geneva)
4-7 South Korean-US Textile Treaty Negotiations to resume (Seoul)
4-8 Senior Economic Advisers to ECE Governments (Geneva)
5-11 Italy's President Leone visits Iran
* See page 4 for a functional and geographic breakdown ard statement of US policy interest.
Events in bold face in the chronological sequence are considered to be of special interest. This
quarterly calendar is updated and issued on a monthly basis.
Note: Comments and queries regarding this publication are welcomed. They may be directed
25X1 A to of the Office of Economic Research, Code 143, Extension 5021.
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November
(Continued)
5-16 UN World Food Conference (Rome)
6-7 GATT Committee on Trade and Development (Geneva)
8 Special meeting of OAS Foreign Ministers (Quito)
9-13 US-Republic of China Textile Treaty Negotiations resume (Taipei)
9-14 Australian Deputy Prime Minister Cairns visits the United States
12 OECD Foreign Ministers (Paris)
13-14 OECD Environment Committee, Ministerial Meeting (Paris)
13-16 US-Hong Kong Textile Treaty Negotiations resume (Hong Kong)
14-18 Special meeting of Central American Economic Ministers (Managua)
18 EC Finance Council (Brussels)
18-22 President Ford visits Japan
19-21 Hungarian 'Foreign Trade Minister Biro visits Washington
19-22 UNCTAD Committee on Tungsten, Eighth Session (Geneva)
20-22 Tri-Country Narcotics meeting (Rangoon)
21 OECD Development Assistance Committee
21-22 OECD Committee on Financial Markets Meeting (Paris)
22-23 President Ford visits South Korea
24 71st Session of the International Wheat Council (London)
24 President Ford visits the USSR for a summit meeting with Soviet party leader
Brezhnev (Vladivostok)
26.27 International Symposium on Sea Fisheries Law (Szczecin, Poland)
26-27 OECD Trade Committee (Paris)
Late Japan-Canadian Feedgrain Symposium (Tokyo)
2
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Date Event
November
(Continued)
Date not set Ministerial meeting of Intergovernmental Council of Copper Exporting
Countries (Paris)
Date not set US Committee on Cooperation with Iran
December
Early First meeting under US-USSR Agreement on Housing and Other Construction
(Moscow)
Early Venezuela to nationalize iron mines
2-3 EC Foreign Ministers (Brussels)
3.5 Second meeting of US-USSR Joint Committee on Agricultural Cooperation
(Washington)
4 Canadian Prime Minister Trudeau visits Washington
5.6 US-EC Consultations (tentative), (Washington)
5-6 German Chancellor Helmut Schmidt visits Washington
5-7 General Secretary of Communist Party Brezhnev visits France
Second or Soviet Communist Party's Central Committee Plenum and Supreme Soviet
third week
12 OPEC Ministerial (Vienna)
14-16 President Ford meets with French President Valery Giscard D'Estaing
Date not set EC Associated and Associable States Negotiations (Brussels)
Renegotiations of Laurel-Langley Agreement (possibly December), (Manila)
January
27-30 GDR Deputy Foreign Trade Minister Beil visits Washington
Date not set Party Chairman Brezhnev visits Egypt and Syria
Date not set USSR/Egypt summit planned (Cairo)
Date not set First meeting of US-USSR economic experts on exchanges of information
(tentative), (Moscow)
a
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ECONOMIC EVENTS, BY AREA OF INTEREST
Event/US Policy Interest
MULTILATERAL TRADE NEGOTIATIONS
6-7 GATT Committee on Trade and Development Meeting (Geneva). Will note
developments in the MTN relevant to LDCs and review technical assistance
to LDCs by the Secretariat.
Fourth World Tin Conference (Kuala Lumpur). Pricing policy will be an
important topic.
International Bauxite Association (Georgetown, Guyana). Attempt to demise
strategy for boosting export tax on bauxite.
Iron Ore Exporters (Geneva). The Caracas Group will discuss formation of
a formal organization, establishment of a price floor, export quotas, and
price escalation clauses in long-term contracts.
5-16 UN World Food Conference (Rome). To address world food production and
availabilities.
19-22 UNCTAD Committee on Tungsten, Eighth Session (Geneva). To excmine
market conditions, ways to stabilize prices, and establishment of a price floor.
24 71st Session of the International Wheat Council (London). Will decide
whether current international agreement should be extended another year
or revised.
26-27 International Symposium on S-a Fisheries Law Meeting (Szczecin, Poland).
To discuss economic and legal aspects of fishing fleet operations.
Date not set Ministerial meeting of Intergovernmental Council of Copper Exporting
Countries (Paris). To attempt to develop a scheme to raise copper prices.
4
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Date Event/US Policy Interest
December
12
OPEC Ministerial (Vienna). To consider increased prices for crude oil and
increased taxes on oil companies for early 1975.
4-5 OECD Economic Policy Committee Working Group on Short-Term Economic
Prospects (Paris). Will discuss preliminary drafts of OECD short-tern
economic forecasts.
OECD Foreign Ministers (Paris). Will confer on inflation-related problems.
13-14 OECD Environment Committee, Ministerial Meeting (Paris). Discussion will
focus on polluter pays principle.
OECD Development Assistance Committee. Aid to LDCs will be reviewed.
21-22 OECD Committee on Financial Markets (Paris). Will discuss petrodollar
problems.
26-27 OECD Trade Committee (Paris). Will examine commodity trade problems
and export controls.
5-6 US-EC Consultations (tentative), (Washington). Will discuss economic
cooperation in face of inflation, growth, and trade problems.
Date not set EC Associated and Associable States Negotiations (Brussels). Negotiations on
new trading arrangements to take effect 31 January 1975.
4-8 Senior Economic Advisers to ECE Governments (Geneva). Discussion of
overall economic perspective and program of work on basic products and
energy.
EC Finance Council (Brussels). To discuss implementation of Community
loan to finance members' oil-related payments deficits.
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Date Event/US Policy Interest
December
2-3 EC Foreign Ministers (Brussels). Will discuss common economic problems.
5-6 German Chancellor Helmut Schmidt visits Washington. Major economic and
financial problems affecting OECD countries will be a focal topic.
5-7 General Secretary of Communist Party Brezhnev visits France. Unofficial
working visit will include talks on economic problems.
4-16 President Ford meets with French President Valery Giscard D'Estaing.
Common econc mic problems are on the agenda.
Continuing US-Panamanian negotiations on a new Canal treaty. Will attempt to replace
existing trerty.
8 Special meeting of OAS Foreign Ministers (Quito). To consider endi'tg OAS
embargo against Cuba.
14-18 Special meeting of Central American Economic Ministers (Managua). Will
consider proposals to restructure CACM.
December
Early Venezuela to nationalize iron mines. May affect US investment in the
Venezuelan iron ore industry.
Canadian Prime Minister Trudeau visits Washington. Meeting with Presidenr
Ford will include discussions of bilateral trade and international economic
issues.
4-6 West German economic mission visits Saudi Arabia. Will discuss German
cooperation in Saudi industrialization projects and increased trade.
5-11 Italy's President Leone visits Iran. Will pursue economic cooperation,
including financial assistance to Rome.
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Date Event/US Policy Interest
November
(Continued)
Date not set US Committee )n Cooperation with Iran. Will e;?r.ore intensified economic
cooperation -- .e.g., invrsiment, coproduction, and technical assistance.
January
Date not set Party Chairman Brezhnev visits Egypt and Syria. Topics will include economic
and military aid requests.
20 Oct-5 Nov Japanese Prime Minister Tanaka visits Australia. Will discuss trade and
Japanese participation in developing western Australia's natural resoterces.
30 Oct-4 Nov ESCAP meets on industrial Development (Bangkok). To attempt to Jislnia;,
guidelines for Asian industrial devel )pment jbr upcoming conference of
UNIDO at Lima, Peru.
31 Oct-9 Nov Japanese Foreign Minister Kimura visits Egypt, Zaire, Tanzania, Ghana, and
Nigeria. Discussions on Japanese economic aid and bilateral trade.
4-7 South Korean-US Textile Treaty Negotiations to resume (Seoul). Treaty will
bring existing bilateral agreement regulating South Korean textile snle.s to
the United States into line with multi-fiber agreement reached in Genera.
9-13 US-Republic of China Textile Treaty Negotiations resume (Taipei). Treaty
will bring existing bilateral agreement regulating ROC textile sales to the
United States into line with the multi-fiber agreement reached in Geneva.
9-14 Australian Deputy Prime Minister Cairns visits the United States. Agenda
probably will include foreign participation in development of Australian
natural resources and in Australian industry.
13-16 US-Hong Kong Textile Treaty Negotiations resume (Hong Kong). Treaty will
bring existing bilateral agreement regulating Hong Kong textile sales to the
United States into line with the multi-fIbe:e agreement reached in Geneva.
18-22 President Ford visits Japan. Meeting with Japanese Prime Minister Tanaka
will include discussions of bilateral economic relations and irternational
issues.
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Date Event/US Policy Interest
November
(Continued)
20-22 Tri-Country Narcotics meeting (Rangoon). Discussions on controlling
cultivation and smuggling of opium in "Golden Triangle " area of' .Thailand,
Burma, and Laos.
22.23 President Ford visits South Korea. Meeting with South Korean President Pak
will include discussions of US economic aid to South Korea.
Late Japan-Canadian Feedgrain Symposium (Tokyo). Will consider Canadian
proposal to sell Jeedgrains now imported from the United Stales and otter
countries.
Renegotiations of Laurel-Langley Agreement (possibly December), (Manila).
Agreement, which expired on 3 July, has governed US-Philippine economic
rciations since 1955; further discussions likely to be contingent on passage
of US trade reform bill.
9 Oct-1 Nov Sixth Meeting of Mixed Soviet-Japanese Economic Commission (Moscow).
To discuss cooperation in development of Yakutsk coking coal' and other
Siberian resources.
3-4 Secretary Kissinger visits Romania. MFN and related topics probably will
be discussed.
3-24 Soviet Delegation on Weather Modification visits the United States. Visit will
include NOAA Hqs.
4 Secretary Kissinger visits Yugoslavia. No economic issues appear likely to
be raised.
19-21 Hungarian Foreign Trade Minister Biro visits Washington. Discussion topics
to include MFN, status of US-Hungarian trade, and business facilitation.
24 President Ford visits the USSR for a summit meeting with Soviet party leader
13rezhnev (Vladivostok). Discussions expected to include US-USSR trade and
economic issues.
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Date Event/US Police Interest
Early First meeting under US-USSR Agreement on Housing and Other Construction
(Moscow). Will set up program to implement agreement.
3-5 Second meeting of US-USSR Joint Committee on Agricultural Cooperation
(Washington). Will review progress of agreement.
Second or Soviet Communist Party's Central Committee Plenum and Supreme Soviet.
third week To approve economic pl zn and budget for 1975.
January
Date not set
Date not set
27-30
USSR-Egypt summit planned (Cairo). Subject is improvement of bilateral
relations.
First meeting of US-USSR economic experts on exchanges of information
(tentative), (Moscow). Will discuss types of information to be exchanged.
East German Deputy Foreign Trade Minister Beil visits Washington. To discuss
a US-GDR trade agreement.
9
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