• Short Summary

    A THIRD CONFERENCE OF CREDITOR NATIONS ON INDONESIA'S EXTERNAL DEBTS OPENED IN AMSTERDAM TODAY WITH OVER 100 DELEGATES AND OBSERVERS FROM 15 COUNTRIES IN ATTENDANCE.

  • Description

    A THIRD CONFERENCE OF CREDITOR NATIONS ON INDONESIA'S EXTERNAL DEBTS OPENED IN AMSTERDAM TODAY WITH OVER 100 DELEGATES AND OBSERVERS FROM 15 COUNTRIES IN ATTENDANCE. THE FIRST MEETING OF CREDITOR NATIONS WAS HELD IN TOKYO LAST SEPTEMBER, FOLLOWED BY A SECOND IN PARIS LAST MONTH. BUT AT TODAY'S MEETING THE DUTCH MINISTER FOR DEVELOPMENT, MR TEHO BOT, SAID THE RECENT POLITICAL DEVELOPMENT IN INDONESIA GAVE HOPES THAT IT WOULD BE ABLE TO ESTABLISH A CLIMATE OF CONFIDENCE.

    MR BOT, WHO HEADED THE DUTCH DELEGATION, SAID THE DEVELOPMENTS IN INDONESIA GAVE HOPES OF CLIMATE OF CONFIDENCE ESSENTIAL FOR FOREIGN AID AND INVESTMENT. HIS STATEMENT FOLLOWED SUGGESTIONS BY CONFERENCE SOURCES THAT THE LATEST DEVELOPMENTS IN INDONESIA, CULMINATING IN THE TRANSFER OF POWER FROM PRESIDENT SUKARNO TO THE NEW REGIME HEADED BY GENERAL SUHARTO, WOULD IMPROVE THE CLIMATE OF THE TALKS.

    THE PRIVATE TWO DAY CONFERENCE WAS TO DISCUSS THE AILING ECONOMY OF INDONESIA, WHICH IS NOW ESTIMATED TO BE IN DEBT BY ABOUT GBP960 MILLION STERLING. IMMEDIATE REQUIREMENTS ARE FOR BETWEEN GBP71 MILLION STERLING AND GBP87 MILLION STERLING.

    MR BOT SAID THE CONFERENCE WOULD DISCUSS RECENT ECONOMIC DEVELOPMENT IN INDONESIA, THE USE OF AID IN 1966 AND FACTORS IN THE COUNTRY'S RECOVERY. IT WOULD ALSO STUDY THE BEST METHODS TO BE EMPLOYED BOTH BY THE DONOR COUNTRIES AND INDONESIA ITSELF IN STABILISING AND REHABILITATING HER ECONOMY AS WELL AS THE PREPARATION OF A PROGRAMME OF PRACTICAL MEASURES.

    COUNTRIES PARTICIPATING IN THE CONFERENCE WERE AUSTRALIA, BELGIUM, FRANCE, WEST GERMANY, ITALY, JAPAN, NETHERLANDS, UNITED KINGDOM, AMERICA AND INDONESIA ITSELF. NATIONS WHICH SENT OBSERVERS WERE AUSTRIA, CANADA, NEW ZEALAND, NORWAY AND SWITZERLAND.

  • Tags

  • Data

    Film ID:
    VLVABBHKFP75KN31VW73NKP0HQZHH
    Media URN:
    VLVABBHKFP75KN31VW73NKP0HQZHH
    Group:
    Reuters - Including Visnews
    Archive:
    Reuters
    Issue Date:
    23/02/1967
    Sound:
    Unknown
    HD Format:
    Available on request
    Stock:
    Black & White
    Duration:
    00:01:13:00
    Time in/Out:
    /
    Canister:
    N/A

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