• Short Summary

    A 15-MAN SOVIET ECONOMIC MISSION ARRIVED IN DJAKARTA TO START TALKS ON MONDAY (AUGUST 25) WITH THE INDONESIAN GOVERNMENT ABOUT THE RE-SCHEDULING OF SEVERAL SOVIET PROJECTS AND THE REPAYMENT OF MASSIVE LOANS MADE BY THE RUSSIANS DURING THE REGIME OF FORMER PRESENT SUKARNO.

  • Description

    A 15-MAN SOVIET ECONOMIC MISSION ARRIVED IN DJAKARTA TO START TALKS ON MONDAY (AUGUST 25) WITH THE INDONESIAN GOVERNMENT ABOUT THE RE-SCHEDULING OF SEVERAL SOVIET PROJECTS AND THE REPAYMENT OF MASSIVE LOANS MADE BY THE RUSSIANS DURING THE REGIME OF FORMER PRESENT SUKARNO. THE ECONOMIC DELEGATION IS HEADED BY THE SOVIET'S DEPUTY MINISTER FOR THE FOREIGN TRADE, VASTLY SERGEYEV, WHILE THE INDONESIAN NEGOTIATING TEAM IS HEADED BY DR. ISMAEL THAJEB, DIRECTOR GENERAL FOR FOREIGN ECONOMIC RELATIONS AT THE FOREIGN OFFICE. AMONG THE PROJECTS THE RUSSIANS WISH TO COMPLETE ARE A STEEL PLANT AND A FERTILISER FACTORY.

    THE LOANS WHICH THE SOVIET UNION MADE TO PRESIDENT SUKARNO ARE REPORTED TO HAVE SPEND MAINLY ON WEAPONS - AND AMOUNT TO LONG-TERM DEBTS OF SOME 696 MILLION U.S. DOLLARS (ABOUT 280 MILLION POUNDS STERLING). IT IS NOT INDICATE WHETHER THE SOVIET DELEGATION WILL ALSO DISCUSS INDONESIA' DEBTS TO OTHER SOCIALIST BLOC COUNTRIES OF SOME 350 MILLION DOLLARS (ABOUT 140 MILLION STERLING).

    THE SOVIET PROJECTS INCLUDE A HUGE STEEL PLANT AT TJILEGON, 30 MILES (48 KMS) WEST OF DJAKARTA; A NUCLEAR REACTORS; AN OCEANOGRAPHIC INSTITUTE IN THE CAPITAL; AND A FERTILISER FACTORY AT TJILATJAP; IN CENTRAL JAVA. ALSO, INDONESIA HAD LONG BEEN A CUSTOMER FOR SUCH RUSSIAN - MADE GOODS AS VEHICLES.

    THE SOVIET PROJECTS WERE DISCONTINUED WHEN THE INDONESIAN GOVERNMENT CRACKED DOWN AFTER AN ABORTIVE COMMUNIST COUP IN 1965.

  • Tags

  • Data

    Film ID:
    VLVA23HWO77XD09D4XBHE2735FZAF
    Media URN:
    VLVA23HWO77XD09D4XBHE2735FZAF
    Group:
    Reuters - Incuding Visnews
    Archive:
    Reuters
    Issue Date:
    27/08/1969
    Sound:
    Unknown
    HD Format:
    Available on request
    Stock:
    Black & White
    Duration:
    00:01:21:00
    Time in/Out:
    /
    Canister:
    N/A

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