(14 Jan 1998) T/I: 10:00:30


US Defence Secretary William Cohen held talks with Indonesia's President Suharto on Wednesday (14/01) in an attempt to help stabilise the economic crisis in the world's fourth most populous nation. Cohen was expected to reinforce the message that Indonesia must adhere to the conditions of a 43-billion-dollar IMF bailout.
The United States, along with the International Monetary Fund (IMF), wants Indonesia to lower protective tariffs, break up import and distribution monopolies and reform the country's banking system.

SHOWS:

JAKARTA, INDONESIA 14/01
President Suharto's residence,
Cohen greeting Suharto;
c/a press;
SOT Cohen saying Suharto is determined to move forward with reforms, he appears to be in good health, and was clear and concise on Indonesia's history and the problems in the economy and was determined to go ahead with reforms;
Cohen leaves room;
VS stock market scenes;
money changers;
c/u currency board;
Cohen arriving for US chamber of commerce luncheon - Hilton Hotel; Cohen enters building;
pan around room;
Cohen greeting
people in room;

3.15

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