EU looking for a joint declaration by oil producers and consumers

Published October 15th, 2000 - 02:00 GMT

The European Union is seeking a "joint declaration" by oil producing and consuming countries aimed at "stable aned reasonable" prices, French Prime Minister Lionel Jospin said here Friday. 


Jospin, whose country holds the EU presidency, said the heads of state and government gathered here for a two-day summit had given a "mandate" to the presidency to "coordinate a common expression of the union" before a November 17-18 meeting in Saudi Arabia of producing and consuming countries. 


Jospin said the short-term priority was to "start a dialogue between producing and consuming countries," particularly poor countries that have suffered most at the hands of the current oil crisis. 


He also said the 15 had ruled out use of EU oil reserves for the time being to ease the fuel crisis, saying the move deserved "deeper consideration." 


And he said the question of tax on fuel, a sensitive issue among European consumers, should be looked at "in a coordinated fashion." 


"The governments want to draw, together, lessons from the individual situations in which they find themselves," he said. – (AFP) 


© Agence France Presse 2000 

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