Let us move from the era of confrontation to the era of negotiation.
... Member Countries shall take necessary action and/or shall establish negotiations, individually or in groups, with the oil companies with a view to adopting ways and means to offset any adverse effects on the per barrel real income of Member Countries resulting from the international monetary developments as of 15th August 1971.
The lesson of all history warns us that we should negotiate only when our military superiority is so convincing that we can achieve our objective at the conference table, and deny the aggressor theirs.
We shall continue, in this era of negotiation, to work for the limitation of nuclear arms and to reduce the danger of confrontation between the great powers.
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