Park Chung Hee and Pak Seong-cheol discuss their commitment to the three principles of Korean unification, the need to create an atmosphere of mutual trust and respect, and the importance of resolving humanitarian issues through Red Cross meetings at Panmunjeom in order to encourage progress in higher-level discussions.

Ri Man-seok provides a brief on the fourth session of Red Cross negotiations held in Seoul and the domestic political situation of South Korea under the Park Chung Hee regime.

A report from IOC Vice President Kumar regarding his trip to North Korea. He addresses attempts to ease tensions between North Korea and South Korea over the staging of the 1988 Summer Olympics and to determine if the two countries would be able to work together on the event.

IOC Vice President Kumar provides IOC President Samaranch with a copy of the North Korean Communist Party's manifesto on the 1988 Summer Olympic Games.

A letter from IOC President Samaranch to the North Korean Olympic Committee, which included a summary of a recent meeting between the Olympic Committees of North and South Korea, at which some of the issues discussed were events that could be held in North Korea, the torch relay, and future meetings.