Share this story
Close X
Switch to Desktop Site

Ottawa summit to put Reagan on the spot

About these ads

President Reagan's renowned persuasive charm will be on trial as never before as the economic summit meeting convenes July 19 in a secluded, log-walled resort hotel 60 miles east of Canada's capital city.

In keeping with the quiet setting, this year's meeting of leaders of the seven major industrial democracies has been billed as mainly a get-acquainted session. But it is shaping up more as a test of Mr. Reagan's ability to sell US economic policies to an increasingly skeptical world.

The damage Mr. Reagan's high interest rates are causing in Europe will be a prime concern as the leaders sit down Sunday for a private dinner at the Chateau Montebello along the Ottawa River in Quebec Province.

There is hope that the meetings, to be held July 19-21 in Montebello and in Ottawa, will offer an occasion for Mr. Reagan to reassure summit participants about the course of US economic policies.

"We're trusting you, but when do you think it's going to work?" was how Canadian Prime Minister Pierre Trudeau, the conference host, recently summed up his government's attitude.

Many of the participating nations at this seventh annual gathering of the Western allies and Japan to discuss economic problems have new heads of state since last year's meeting in Venice.

In addition to Mr. Reagan, other first-time participants are Prime Minister Zenko Suzuki of Japan, President Francois Mitterrand of France, and Italy's new prime minister, Giovanni Spadolini.

Those with experience are Mr. Trudeau, Chancellor Helmut Schmidt of West Germany, and Prime Minister Margaret Thatcher of Britain.

With all these new faces around the table, a simple exchange of views has become an end in itself at Montebello. Six or seven hours have been set aside for talks with only the leaders and their interpreters present.

"I think a great deal of time will be spent in getting to really understand the unstated major objectives of the major participants," Mr. Trudeau explained.

The traditional goal of these meetings -- to show the world a unified front on economic issues -- may prove more trying than usual.

The major European countries are expected to press Mr. Reagan closely on his interest rate policy, which they blame for weakening the value of European currencies and slowing economic recovery in Western industrialized countries.


Page:   1   |   2

Follow Stories Like This
Get the Monitor stories you care about delivered to your inbox.