Word: qatar
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Dates: during 1970-1979
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...Yamani, Saudi Arabia's 42-year-old oil minister, had just realized the decades-old Arab dream of gaining control over the vast pools of oil beneath the Middle East's deserts. Last week's agreement allows the five Persian Gulf states of Saudi Arabia, Kuwait, Qatar, Iraq and Abu Dhabi to buy an immediate 20% interest in foreign oil-producing operations in their lands. Most important, the pact calls for the five states to get a 51 % share of ownership in time, perhaps by the early 1980s...
Political Clout. The union was, and is, far from perfect. Qatar (pop. 85,000) refused to join because its proposed political clout would not be consonant with its huge economic wealth (roughly $240 million annually in oil royalties, or $2,824 per capita). The island sheikdom of Bahrain also declined; as the most populous (250,000) of the Trucial States it wanted more power than the other sheiks were willing to give. Both countries declared independence and have joined the United Nations, as has the Union. Qatar is now the U.N.'s smallest member...
...Iran, Iraq, Saudi Arabia, Kuwait, Abu Dhabi, Qatar, Libya, Algeria, Nigeria, Venezuela and Indonesia...
...delegation was bitter about some key defections. Cyprus and Qatar had made "commitments" to the U.S.; but when the big votes came up, they abstained. Apparently on last-minute instructions from his government, Oman's man simply strolled out of the hall and disappeared for a long, long dinner...
...26th General Assembly of the United Nations opened last week in an atmosphere of urgency rarely shown by that body in the past. In its first formal order of business, the Assembly elected Foreign Minister Adam Malik of Indonesia its President, and admitted three ministates, Qatar, Bahrain and Bhutan,* raising the number of member nations to 130. Then the delegates got down to business: a procedural test of strength over two U.S. resolutions to admit China to both the Assembly and the Security Council but retain a seat in the General Assembly for the Nationalist regime on Taiwan...