THE PRESIDENT'S DAILY BRIEF 29 MAY 1976

• Document Type: FOIA
• Collection: President's Daily Brief 1969-1977
• Document Number (FOIA) /ESDN (CREST): 0006015122
• Release Decision: RIPPUB
• Original Classification: T
• Document Page Count: 12
• Document Creation Date: August 14, 2016
• Document Release Date: August 24, 2016
• Publication Date: May 29, 1976

Declassified in Part - Sanitized Copy Approved for Release 2016/07/19 : CIA-RDP79T00936A013400010015-2
The President's Daily Brief
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May 29, 1976
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Exempt from general
declassification schedule of E.O. 11652
exemption category,511(1),(2).(3)
declassified ?MY on approval of
the Director of Central Intelligence
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Declassified in Part - Sanitized Copy Approved for Release 2016/07/19 : CIA-RDP79T00936A013400010015-2
May 29, 1976
Table of Contents
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Jordan-USSR:
(Page 1)
Rhodesia-Libya:
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(Page 2)
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OPEC: Saudi Arabia and its supporters won the day against the
price hawks at Bali. (Page 2)
Syria -Libya-Lebanon: Syrian Foreign Minister Khaddam went to
Libya yesterday, apparently to discuss a political agreement
the Libyans want to arrange with Syria, Iraq, and Algeria.
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Notes: Lebanon; Uganda; Argentina (Pages 5 and 6)
At Annex
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- ?
JORDAN-USSR:
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RHODESIA-LIBYA:
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OPEC: The OPEC oil min-
isters concluded their
meeting in Bali yester-
day by agreeing to con-
tinue the oil price
freeze that was to ex-
pire on June 30.
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The 13 cartel members could not
achieve unanimity, which is essen-
tial on all substantive decisions,
including price changes on Saudi
benchmark crude. Saudi Arabia and
its supporters evidently remained
steadfast against the OPEC price
hawks.
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I _F.1% .1 11 1. .1 VLj LI .11-11- a V .1 .L V
SYRIA-LIBYA-LEBANON:
Syrian Foreign Minister
Khaddam traveled to
Libya yesterday, appar-
ently to discuss a fi-
nal version of a polit-
ical agreement the Lib-
yans want to arrange
with Syria, Iraq, and
Algeria. Palestine Lib-
eration Organization
chairman Yasir Arafat,
who is also in Tripoli,
presumably would sign
such an accord too.
The Saudis want to continue the
price freeze until the end of the
year, but Iran, for one, may not
be that patient. While the next
regular OPEC conference is sched-
uled to be held in Qatar on Decem-
ber 15, a majority of countries
can convene an extraordinary meet-
ing beforehand.
The oil ministers approved a tempo-
rary scheme for crude oil price
differentials. The precise timing
and the method of implementing the
new system apparently have not been
decided. This plan probably will
cause the price of some heavy
crudes to decline and that of some
light crudes to rise.
The meeting did not resolve the
question of whether the cartel's
headquarters should move from Vi-
enna. Nor did the final communi-
que make any reference to Mexican
membership--indicating that OPEC
will remain a 13-nation cartel at
least for the time being.
We believe, however, that Damascus
is not prepared to alter its posi-
tion on basic issues such as those
involved in Middle East peace ne-
gotiations. As a result any agree-
ment reached with the radical Arabs
is likely to dissolve quickly and
is unlikely to solve Syria's fi-
nancial or foreign policy problems.
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Tripoli
and Baghdad believe Damascus will
agree. to an accord that would
limit Syria's military action
against "nationalist forces" in
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A.
Lebanon and provide, apparently in
the Lebanese context, for some use
of Iraqi troops.
Syria has opposed involvement of
other foreign troops in Lebanon.
Its relations with Iraq are badly
strained, and Syria would not want
even a symbolic Iraqi force. Da-
mascus may have agreed to loose
language open to many interpreta-
tions, but with no intention of ac-
tually allowing use of foreign
troops in either Lebanon or Syria.
Damascus recently has been trying
to counter radical Arab criticism
of its policies by portraying its
actions in Lebanon as defending
Palestinian interests. Khaddam
would probably endorse an accord
pledging the support of the four
states to the Palestinian cause,
or to generalities about Arab coop-
eration against Israel.
Syria would hope such an accord
would keep Arafat from moving
closer to Egypt, and help elicit
substantial Libyan financial aid.
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A VAt A AA A-I A A VA-11J A AJ A?A VA? A
Lebanese leftist leader
Kamal JumbZatt is not
expected to meet with
president-elect Sarkis
until sometime next
week at the earliest as
a result of the murder
of his sister on Thurs-
day.
Uganda
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NOTES
Fighting in Beirut flared up after
the news of the shooting spread,
but apparently began to subside
again late yesterday.
Sarkis has not slackened in his ef-
fort to promote his proposals for
ending the Lebanese civil war and
to cool tempers in the wake of the
killing. In the past two days, he
has met with most of the key lead-
ers on the Muslim-leftist side.
Yesterday he conferred with the
leaders of the principal Muslim
sects, Lebanese Arab Army commander
Khatib, a lieutenant of Yasir Ara-
fat, Saiqa chief Zuhayr Muhsin,
and a representative of Syrian
President Asad.
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Argentina's President
VideZa is under growing
pressure'
to adopt more repres-
sive policies against
domestic dissent.
Videla would prefer to avoid the
kind of widescale repression that25X1
hindered Chile's access to inter-
national financial support. Hard-
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are convinced that harsher measures
are needed to deal with what they
view as entrenched leftist terror-
ism, an undisciplined labor force,
and irresponsible politicians.
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