The Canadian Press

1981-07-21 | G7-Summit

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The G7 summit ended with a consensus to cooperate on mutual economic problems. Canadian Press reporter John McKay had this report.

Date: 1981-07-21
Placeline: Ottawa, ON, Canada
Source: The Canadian Press
Length: 88 seconds

Transcript Prediction: << well it may take some time to determine just what if anything was accomplished in the deliberations both at Montebello in here not a wall prime minister Trudeau and his colleagues are claiming victory on several fronts last week zero cautioned against expecting any specific mechanisms to be agreed upon at the summit and indeed not emerged but there was a consensus to work together to combat unemployment and inflation and to keep the lines of communication open US president Ronald Reagan recalling the Canadian summer home of polio inflicted Franklin Delano Roosevelt said our economies of also been afflicted in recent years but he predicted recovery I hope sometime in the future people will look back and say that here in these talks we began to put our nation's back on the road to economic recovery and that a new son rose at Montebello for his part Trudeau said the agreement not to engage in protectionist trade policies at the expense of the other summit nations was the single most important development to emanate from the meetings he also expressed pleasure that a decision was reached to give a clear signal to the third world of their good intentions by supporting the principle of global negotiations on the north south dialogue a pet project of the prime minister's for the past year Trudeau says this consensus did not exist only a few months ago and Canadian officials are hailing it as a major concession run from the Americans although US officials insist it was not a concession they've been deeply committed to the principle of north south along John McKay enough to walk >>

Clip ID: 19810721CPCN006