President Suharto of Indonesia told the fifth ministerial meeting for the Economic Development of South East Asia which began yesterday (Friday) that determination and ability were more important for national development than foreign aid.
President Suharto of Indonesia told the fifth ministerial meeting for the Economic Development of South East Asia which began yesterday (Friday) that determination and ability were more important for national development than foreign aid. In his opening speech, the president said Indonesia was well aware of the fact that no country could meet its economic needs on its own in today's increasingly complex world economy.
The conference opened in the Hotel Indonesia in Djakarta but continued today in Jogjakarta on the south coast of the island of Java. It's being attended by Japan, Malaysia, Indonesia, Singapore, Laos, Cambodia, South Vietnam, the Philippines and Thailand. Delegates will discuss reports on South East Asia's development in the 1970's and topics will include transport and communication, the Asian Development Bank special fund and the South East Asian Fisheries Development Centre.
Japan which has sent a delegation of 30 headed by Foreign Minister, Mr Kiichi Aichi, is expected to play a major role. Japan is also expected to announce to the conference that its total foreign aid will reach one per cent of its gross national income by 1975.
In his opening address, President Suharto called for more international aid to help overcome poverty and hunger. He said: "We have to realise that the struggle against poverty and hunger is universal but its scope is not always so. It is in this context that I see the need of international co-operation on a broader and more effective level to help the developing countries in order to enable them to stand on their own feet and develop in their own way."
Conference working sessions in Jogjakarta will continue until May 25th.