Indonesian Political, Business & Finance News

U.S. backs exports to RI

| Source: REUTERS

U.S. backs exports to RI

WASHINGTON (Reuter): The U.S. Agriculture Department Wednesday
authorized US$100 million in credit guarantees for sales of U.S.
farm goods to Indonesia under the Export Credit Guarantee Program
(GSM-102) for fiscal year 1997.

The department said the commodities covered include wheat,
oilseeds, protein meals, feed grains, pulses, barley malt,
breeder livestock, poultry breeder stock, meat, cotton and rice.

In a separate release, the department also said it authorized
a $10 million credit line to Indonesia under the longer-term GSM-
103 program in fiscal year 1997 to cover sales of breeder
livestock.

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