Transcript of a conversation between President Ford, Henry Kissinger, and French President Valéry Giscard d'Estaing. The conversation opens with a discussion of economic policy and the embargo on northern Cyprus following the 1974 Turkish invasion. Giscard then asks about the slow progress of US technical assistance to the French nuclear program. Lastly they discuss energy and oil prices.

Conze asked about the status of several French requests for nuclear assistance. These included their request for a CDC 7600 mainframe computer, the testing of reentry vehicle material, and technical help with the M-4 ballistic missile. Sonnenfeldt informed Conze that assistance with booster trigger design had not be authorized as it conflicted with US legal restriction in the Atomic Energy Act.

Sonnenfeldt reports on issues with implementing the decisions made in NSDM 103 and 104 to offer military aid to France. Information was leaked to the Joint Committee on Atomic Energy about the offer of more advanced computers and technical assistance with France's ballistic missile program. The Department of State had not yet informed the French and was waiting on various decision to be made. The issues of whether or not to inform the British was also raised.