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Las Vegas, 03/03/99

Dear IndoNEWS:

I like your article. And I agree with you. Indonesia really is getting the
short end of the stick. (or are only a handful of Technocrats getting their
pockets lined and Masyarakat Indonesia can only sit hungrily at the side
lines)

The Republik of Indonesia has to be more forceful in dealing with the
foreign
Conglomerates, like President Mahatir of Malaysia. In 1974, the EXXON Oil
Co's
Contract expired and they had to negotiate a new contract. Before, the
Contract was very liberal for Exxon. But in 1974, Dr. Mahatir declared that
Exxon had made enough profit over the poor backs of the Malaysian Masyarakat
and offered only 10% for Exxon and 90% for the Malaysian Government. Exxon
threathened to quit and negotiated for 2 years. But Mahatir did not budge
and
said:" Take it or leave it, there will be plenty of foreign Cos. that will
take the job"
After 2 years Exxon agreed and continued on 10%.
Please continue to force the Indonesian Government to think about the
Masyarakat FIRST.

Best regards,
FAL051

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Didistribusikan tgl. 5 Mar 1999 jam 10:25:36 GMT+1
oleh: Indonesia Daily News Online <[EMAIL PROTECTED]>
http://www.Indo-News.com/
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