CAIRO PRESS REVIEW

-25-

NOVEMBER 6, 1973

Arab Foreign Ministers to Decide Hostile
Countries Subject to Oil Embargo

Arab Petroleum Ministers decided at the end of their
conference in Kuwait to leave to the consideration of Arab
Foreign Ministers Conference which will convene shortly the
question of compiling the list of Pro Arab and Anti-Arab
countries. The latter countries will be subjected to the
same embargo on oil exports applied to the Netherlands and
the United States.

Sheikh Zaki El Yamani, Saudi Arabia's Petroleum
Minister disclosed that the Arab countries had decided to
form a ministerial committee to control petroleum transac-
tions with a view to preventing its smuggling to other
countries under embargo.

"We are concerned during the present phase to
ensure the full implementation of our resolutions and to
know where our petroleum goes and to whom" the Saudi
Minister added.

Among the resolutions adopted by the Arab
Petroleum Ministers to ensure the ban of Arab petroleum to
hostile countries.

- Petroleum companies are to register the destin-
ation of every exported cargo.

- Watching the countries tankers follow to reach
their predefined destination.

- Control over the marketing of petroleum pro-
cuts by refineries in Europe which import Arab crude. The
ban imposed should apply to refined products as well as
crude.

The United States depends to a large extent on
petroleum products imports from the Caribbean and Canadian
refineries.

Arab countries have instructed oil companies not
to reduce exports of oil to friendly countries in general
and in particular to African countries who had severed
diplomatic relations with Israel.

As some countries had complained that oil companies
had reduced big quantities of their petroleum requirements,
the Arab petroleum Ministers decided to apply sanctions to
any company that follows such a procedure or tampers with
exports of crude or refined products.

All papers
F.T.

AMH/NA

CAIRO PRESS REVIEW

-26-

NOVEMBER 6, 1973

World Strongly Reacts to Arab
Petroleum Decisions

The Arab Petroleum Ministers resolution to reduce oil exports by 25% has produced very strong reactions among the world capitals especially in Europe and the United States:

In Washington President Nixon's Energy Adviser John Lone announced that the energy crisis will have more far-reaching effects following the last Arab decisions. He said that the crisis would lead to the complete cut of electricity power in some areas especially in New York during the winter.

In Brussels: informed sources said that the problem facing the Common Market Foreign Ministers meeting now is to find a common solution to or adopting a common stand towards the Dutch project of redistributing Market members stocks of Arab Petroleum among Market member countries.

Results of the discussions is not expected to be revealed before meetings end to-day (Tuesday) although all indications show that the discussions are proceeding in an atmosphere of individuality.

Official sources confirmed that both Brittain and France oppose the Dutch project and that the two countries prefer to benefit from their friendly relations with the Arab countries which ensure sufficient petroleum supplies to them. The Dutch project to exchange petroleum stocks among Market member countries will bring about very drastic measures from the Arabs, it is visualised.

In London: Western observers described the decisions of the Arab Petroleum Ministers emergency meeting as "Agrave escalation of the petroleum weapon" and said it was to be considered as a "warning" to Western countries and a "Slow poison" that infiltrates through a pre-acted war.

The French News Agency said that the British government was following wait and see policy with regard to distributing petroleum against ration cards and that Post Masters of the main post-offices had received confidential instructions with regard to the issue of ration cards.

CAIRO PRESS REVIEW

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November 6, 1973

In Bonn, Willy Brandt's press spokesman declared that the last Arab decisions will reduce Western Germany's supply of oil by between 10 and 15 per cent.

The spokesman added that the government was considering the issue of special emergency laws regulating the consumption of petroleum.

In Tokyo, the Petroleum Federation which groups all Japanese refineries, announced that it had been greatly shocked by the Arab decisions and that Japan had no alternative but to take immediate measures limiting the consumption of petroleum even to the extent of rationing it.

The Japanese Premier demanded the Japanese people wear heavy winter clothes to keep warm and to save domestic heating.

In Johannesburg, the Government of South Africa announced that it had been taking the necessary steps to ration petroleum as the crisis had reached a grave limit detrimental to industrial production and economic development and that the country's stock of petroleum would not last long.

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(All Papers -
Full Text)

AMH/P.

CAIRO PRESS REVIEW

- 28 -

NOVEMBER 6, 1973

ECONOMY

Huge Increase in American Grain Exports
To The Middle East

The American State Department for Agriculture expects American exports of grain and other agricultural products to the Middle East to increase by 50 per cent during 1973/74 to reach a record value of 600 million dollars.

In a report by the Department the Middle East was mentioned as a huge consumer market for American grains similar to that of China and India. The report added that American wheat shipments to Arab states during the three months prior to the October war reached 645 thousand tons equivalent to 5.5 times American wheat shipments to the Arab countries during the months of July, August and September of 1972. This increase resulted from low wheat crops in Iraq, Jordan and Syria.

Al-Ahram, p.2.
F.T.

Dr. Salah El Abd Attends International Conference
in Pakistan

First Under secretary of State to the Ministry of Land Reclamation Dr. Salah El Abd left for Pakistan yesterday to attend the conference on Land Reclamation and Development and Agricultural Industrialisation to be attended by representatives of 45 states upon invitation by the United Nations Food and Agriculture Organization.

Dr. El Abd will speak about the Egyptian experiments in this field. He will also participate in some discussions to obtain recommendations for successful experiments.

Al-Akhar, p.4.
Summary

Minister of Industry Follows Up Execution of
Helwan Steel Complex

Minister of Industry Engineer Ibrahim Salem Mohammadain held a meeting yesterday at the site of the Helwan Steel Complex Project to follow up progress in the execution of the project. The meeting was held by top-level personnel of contracting bodies to start production of Iron and Steel to schedule, before the end of the year.

Al-Ahram, p.4.
F.T.

SAF/GFH.

.../..

CAIRO PRESS REVIEW

- 29 -

NOVEMBER 6, 1973

Emergency Economic Conference to Determine
Israel's Requirements

United Press International reports that fifteen
prominent businessmen of the Israel Fund in Chicago will leave
Chicago for Israel tomorrow to hold an emergency economic
conference there.

Israeli authorities will take delegates participating
in the conference on a tour of the areas where recent battles
took place to show them to what extent the fighting has
affected the Israeli economy.

Paul Horitz, head of the Chicago delegation,
declared that the conference will determine Israel's
requirements of economic aid taking into consideration that
the whole of Israel's economic reserves are set aside for
military purposes.

Al-Akhbar, p.2.
F.T.

Libyan Shipping and Airport Boycott of
American and Dutch Ships and Planes
Goes into Force.

Libyan General Workmen's Union Chairman El Hajj Aly
El Nifeish declared that Libyan workmen had started to adopt
resolutions on the boycott of American and Dutch planes and
ships.

He said planes and ships of any country supporting
Israel will be included in the boycott resolutions as
adopted by the Secretariat General of the Arab Workmen's
Union in coordination with the General Union of Libyan
Workmen.

Al-Akhbar, p.4.
F.T.

Sayed Marei Declares All American Interests
Object of Study by Arab States

Presidential Aide Engineer Sayed Marei declared that
his visit to Arabian Gulf States strengthened his conviction
that the war now being waged was that of every Arab state,
and that stands taken by Arab governments were solid and
stable all along. He added that King Faisal had a complete
understanding of the situation and his stand was the same
as that of all Arabian Gulf countries he visited.

Engineer Sayed Marei said all American interests were
the object of study in all Arab countries, and Arab support
for the battle had increased day by day to face all possi-
bilities.

Al-Akhbar, p.4.
F.T.

SAF/GFH.

.../..