Updates on UNCURK and UN member departures, the Tae Yun Gak Hotel fire, reaction to the Special Law on National Security and Defense, and Japan's continued economic aid to ROK and discontinuation of ties with North Korea.

In the first three quarters of FY 1971, the ROK economy has experienced increased inflation, an export deficit , and a decrease in industrial and textile production.

In the election campaigns, the NDP is focusing on the corruption of the DRP, and the DRP is focusing on continued economic and political stability with Park Chung Hee's third election.

UNCURK members meet with Kim Dae Jung, who states his key issues for the election: ROK democracy, corruption within intelligence collection, suppression of opposition parties by the ruling party, and unification. UNCURK member observe that Kim's party is weak because of party factionalism. Additionally, President Park Chung Hee announces his run for third term and emphasizes economic and political stability.

President Park Chung Hee reiterates that his main priority is the South Korean economy. He believes that a strong economy will allow for unification and stronger national security. Additionally, Park believes that the power balance in East Asia will depend on China's progress.

Principal Secretary of the UNCURK Zouheir Kuzbari informs Chef de Cabinet of the UNs C.V. Narasimhan of Chung Hee's policies for rapid, self-sustained economic development and strengthening defense posture, turn over of U.S. force equipment to ROK forces, killing of two North Korean infiltrators, and the nomination of Kim Dae Young for presidency.

Principal Secretary of the UNCURK Zouheir Kuzbari informs C.V. Narasimhan on Park Chung Hee's policy blueprints for 1971 and encloses an update on DMZ incidents. Park outlined his economic policies and opposition to U.S. military disengagement.

Principal Secretary of the UNCURK Zouheir Kuzbari updates Chef de Cabinet of the UN C.V. Narasimhan on the NDP boycotting National Assembly sessions, Park Chung Hee's economic plan for the 1970s, and Park's commitment to the United States' Asian Policy.