Multilateral working group on economics meets in Rabat, Morocco. 5th session of group involves delegations fr. 46 countries. (MAP 6/16 in FBIS 6/20)
Saudi Fund for Development, International Development Association sign memorandum of agreement to fund $30 m. in West Bank/Gaza Strip development projects. Agreement is part of $67.5 m. allocated out of $100 m. Saudi grant to Palestinians. (Saudi embassy release 6/16)
Vatican, Israel announce agreement signed 6/14 to establish full diplomatic relations, implementing 12/30/93 agreement. Ambs. to be exchanged soon. (MM 6/15; NYT, WP, WSJ, WT 6/16; JP 6/25)
Sens. Arlen Specter (R-PA), Richard Shelby (D-AL) set up "Middle East Peace Accord Monitoring Group" to track PLO compliance with 5/4 agreement with Israel. (MM 6/16; Forward 6/17)