VERITY CALLS FOR NEW ADHERENCE TO VENICE PACT
Commerce Secretary C. William Verity
called for stepped up coordination of the major industrialized
nations along the lines of the Venice pact last June which
committed the nations to coordinate economic policies.
    Verity, speaking to a trade conference of the Overseas
Private Investment Corp., said "We must improve coodination with
our major industrialized allies and trading partners along the
lines agreed to at the Venice meeting last June.
    He added "we need better cooperation among advanced
developing countries in assuring responsibility to coordinate
local economies commensurate with their economic resources.
 reuter
