Clinton/Thailand Wrap

[moe@xxxxxxxxxxxxx]

DATE=3/13/98
TYPE=CORRESPONDENT REPORT
NUMBER=2-228135
TITLE=CLINTON / THAILAND WRAP (S ONLY)
BYLINE=DEBORAH TATE
DATELINE=WHITE HOUSE
CONTENT=
VOICED AT: 

INTRO:  THAI PRIME MINISTER CHUAN LEEKPAI CONCLUDES HIS THREE-DAY
VISIT TO WASHINGTON LATER TODAY (SATURDAY), AFTER RECEIVING A 
PACKAGE OF U-S FINANCIAL AID TO SUPPORT HIS EFFORTS TO RESOLVE 
HIS COUNTRY'S ECONOMIC CRISIS.  V-O-A'S WHITE HOUSE CORRESPONDENT
DEBORAH TATE REPORTS.



TEXT:   FOLLOWING THE PRIME MINISTER'S TALKS WITH PRESIDENT 
CLINTON FRIDAY, THE UNITED STATES ANNOUNCED IT WOULD BUY BACK 
EIGHT F-A-18  FIGHTER JETS THAT THAILAND HAD ORDERED IN 1996, 
SAVING THE COUNTRY 250 MILLION DOLLARS.

IN ADDITION, THE U-S EXPORT-IMPORT BANK AND THE U-S OVERSEAS 
PRIVATE INVESTMENT CORPORATION PLEDGED ONE-POINT-FOUR BILLION 
DOLLARS IN ADDITIONAL FUNDING TO STIMULATE TRADE IN THAILAND.

MR. CLINTON PRAISED MR. CHUAN FOR ADOPTING TOUGH INTERNATIONAL 
MONETARY FUND REFORMS, AND CALLED ON LEADERS OF OTHER AILING 
ASIAN ECONOMIES TO FOLLOW HIS LEAD.                              
     

                         // CLINTON ACTUALITY //

            EVERY LEADER IS GOING TO HAVE TO DO WHAT THIS PRIME 
            MINISTER HAS  DONE, WHICH IS TO TRY TO FOLLOW A 
            RIGOROUS PATH THAT WILL BUILD CONFIDENCE IN THE 
            INVESTMENT COMMUNITY.

                              // END ACT //

MR. CHUAN WELCOMED THE U-S SUPPORT, AND EXPRESSED CONFIDENCE 
THAILAND WOULD REGAIN ECONOMIC STABILITY.  (SIGNED)



NEB/DAT/PT

13-Mar-98 7:22 PM EST (0022 UTC)
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Source: Voice of America
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