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Antara, 8 Juni 1999

Japan Welcomes Democratic Election in Indonesia

Tokyo, June 8 (ANTARA/Reuters) - Japan, Indonesia's biggest
creditor, on Tuesday hailed that country's first democratic
election in 44 years and said it hopes Jakarta will make more
progress as a democracy.

"I am very pleased with the fact that Indonesia's national
election ended safely," Japanese Prime Minister Keizo Obuchi
said.

"I hope that Indonesia, as a more democratic state, will
progress and develop based on the public will determined under
the election," he told reporters.

Indonesia's first democratic election in 44 years was
remarkably peaceful, reassuring investors who had feared an
outbreak of violence. There were only reports of minor unrest.

"Election campaigns were conducted with considerable freedom.
With some exceptions, overall voting went smoothly," Japanese
Foreign Minister Masahiko Komura said.

Early returns from election showed the main opposition party of
Megawati Sukarnoputri taking the lead on Tuesday.

But electoral officials stressed that only a fraction of votes
from Monday's parliamentary election had been counted.

Japanese banks held $19.03 billion in Indonesian debt as of the
end of June 1998, the latest figures available from the Bank of
International Settlements.

The Japanese government has pledged $2.4 billion to Indonesia
under the so-called Miyazawa Plan to aid crisis-hit Asian
economies.

(U.nn-04/8/06/99 13:46/RII/14:40/TB06)

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Didistribusikan tgl. 11 Jun 1999 jam 10:29:42 GMT+1
oleh: Indonesia Daily News Online <[EMAIL PROTECTED]>
http://www.Indo-News.com/
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