UNITED KINGDOM: FRENCH PRESIDENT SOUNDS ALARM OVER INDIA'S RECENT NUCLEAR TESTS AND WARNS OF FINANCIAL CRISIS IF INDONESIAN SITUATION WORSENS

Record ID: 337645

  • Title: UNITED KINGDOM: FRENCH PRESIDENT SOUNDS ALARM OVER INDIA'S RECENT NUCLEAR TESTS AND WARNS OF FINANCIAL CRISIS IF INDONESIAN SITUATION WORSENS
  • Date: 16th May 1998
  • Summary: BIRMINGHAM, UNITED KINGDOM (MAY 15 1998) (RTV - ACCESS ALL) 1. HAS/SV FRENCH PRESIDENT JACQUES CHIRAC WALKING ALONG CANAL SIDE (2 SHOTS) 0.19 2. VARIOUS CHIRAC ENTERING NEWS BRIEFING ROOM, SITTING DOWN/REPORTERS (2 SHOTS) 0.39 3. SV CHIRAC SAYING FRANCE CAN ONLY CONDEMN WHAT IS HAPPENING IN INDONESIA AND FRANCE ALSO REGRETS THE DESTABILISATION THAT RISKS BEING CAUSED IN THE AREA THE TESTS THAT HAVE BEEN CARRIED OUT BY INDIA. THIS IS A SUBJECT WE WILL EXPRESS OURSELVES ON LATER ON. (FRENCH) 1.07 4. CU SUMMIT SIGN ON BACKDROP 1.10 5. SV CHIRAC SAYING IF NOTHING HAPPENS IN INDONESIA THEN THERE WOULD BE A SERIOUS RISK OF THE FINANCIAL AND SOCIAL CRISIS PICKING UP AGAIN (FRENCH) 1.28 6. SLV NEWS CONFERENCE, CHIRAC ON STAGE 1.33 Initials Script is copyright Reuters Limited. All rights reserved
  • Embargoed: 31st May 1998 13:00
  • Keywords:
  • Location: BIRMINGHAM, ENGLAND, UNITED KINGDOM
  • City:
  • Country: United Kingdom
  • Reuters ID: LVA14OH856DUCI4DXHD3U0PDV1KC
  • Story Text: French President Jacques Chirac has sounded an alarm over India's nuclear testing and warned that any worsening in the situation in Indonesia would precipitate an even worse financial crisis in southeast Asia.

    Chirac made his remarks on Friday (May 15) shortly before the start of the meeting of the heads of state of the world's eight leading industrialised nations, the G8.

    The French leader said it was not up to him "to say if President Suharto or another should do it (introduce measures)...but if truly nothing happened in Indonesia, one could seriously fear the crisis will resume." Chirac added that 40 billion U.S.dollars of international support had been brought together to help Indonesia "but it is clear that the current political situation will not allow the application of the measures which are needed".
  • Copyright Holder: REUTERS
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