• Short Summary

    INDONESIAN FOREIGN MINISTER ADAM MALIK CALLED ON JAPANESE FOREIGN MINISTER TAKEO MIKI AND PRIME MINISTER EISAKY SATO THIS AFTERNOON AFTER HE ATTENDED THE 23RD GENERAL MEET OF ECAFE AT TOKYO PRINCE HOTEL THIS MORNING, INDONESIA IS PARTICIPATING AGAIN IN ECAFE'S ACTIVITIES AFTER ALMOST TWO YEAR'S ABSENCE : A DELEGATION FROM DJAKARTA HEADED BY POLITICAL AFFAIRS MINISTER ADAM MALIK.

  • Description

    INDONESIAN FOREIGN MINISTER ADAM MALIK CALLED ON JAPANESE FOREIGN MINISTER TAKEO MIKI AND PRIME MINISTER EISAKY SATO THIS AFTERNOON AFTER HE ATTENDED THE 23RD GENERAL MEET OF ECAFE AT TOKYO PRINCE HOTEL THIS MORNING, INDONESIA IS PARTICIPATING AGAIN IN ECAFE'S ACTIVITIES AFTER ALMOST TWO YEAR'S ABSENCE : A DELEGATION FROM DJAKARTA HEADED BY POLITICAL AFFAIRS MINISTER ADAM MALIK. HOWEVER, THE MAIN PURPOSE OF HIS VISIT TO JAPAN IS TO CONFER WITH THE JAPANESE LEADERS ON THE PROBLEM OF SETTLING INDONESIA'S TRADE DEBTS WHICH JAPAN AGREED TO BE PAID IN NEXT TEN YEARS. ON THE OTHER HAND, IT IS REPORTED THAT INDONESIA IS VERY UNHAPPY ABOUT JAPANESE INTEREST OF THE LOAN AMOUNTING FIVE PERCENT A YEAR WHICH THEY THINK TOO HIGH AND MR. MALIK IS SCHEDULED TO CONFER WITH JAPANESE LEADERS TO REDUCE IT TWO OR THREE PERCENTS YEAR. INDONESIA IS IN NEED OF MORE FOREIGN LOANS TO RECONSTRUCT THEIR ECONOMY THOUGH THEY THINK THEY CAN NOT PAY THE INTEREST MORE THAN THREE PERCENT A YEAR. HE IS SCHEDULED TO STAY HERE ONE WEEK TO ATTEND THE ECAFE MEETING AND ALSO NEGOTIATION WITH JAPANESE GOVERNMENT ABOUT PENDING SETTLEMENT OF THE TRADE DEBTS AND ALSO CUT DOWN THE INTEREST AND IS EXPECTED TO LEAVE TOKYO FOR WASHINGTON. D.C. TO CONFER WITH THE UNITED STATES GOVERNMENT LEADERS. UNLESS JAPAN CUT DOWN THE RATE OF INTEREST, INDONESIA MIGHT ASK OTHER COUNTRIES TO HELP THEIR ECONOMY AND JAPANESE GOVERNMENTAL LEADERS ARE IN DELEMMA. MEANWHILE,JAPANESE INTEREST IS TOO HIGH IS CRITICISED AMONG INTERNAL MONETARY MARKETS.

  • Tags

  • Data

    Film ID:
    VLVAESMMRIDMQTSLNQH3C3VYG9H35
    Media URN:
    VLVAESMMRIDMQTSLNQH3C3VYG9H35
    Group:
    Reuters - Source to be Verified
    Archive:
    Reuters
    Issue Date:
    04/04/1967
    Sound:
    Unknown
    HD Format:
    Available on request
    Stock:
    Black & White
    Duration:
    00:02:43:00
    Time in/Out:
    /
    Canister:
    N/A

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