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Strategies & Market Trends : Investment in Russia and Eastern Europe -- Ignore unavailable to you. Want to Upgrade?

To: Real Man who wrote (517)	8/25/1998 10:08:00 AM
From: djane	Respond to of 1301

Kohl and Obuchi back Yeltsin plans-Japan official Tuesday August 25, 8:39 am Eastern Time TOKYO, Aug 25 (Reuters) - German Chancellor Helmut Kohl and Japanese Prime Minister Keizo Obuchi agreed in a telephone call on Tuesday to back Russian President Boris Yeltsin's economic reform plans, a Japanese spokesman said. ''Russia needs continued economic reform efforts, and we must support such reform efforts (by Yeltsin),'' the Japanese prime minister's spokesman quoted Kohl as telling Obuchi in a 15-minute conversation. The spokesman said Obuchi told Kohl: ''I agree. Let us continue to exchange views on Russia.'' He said Kohl set up the call with Obuchi two weeks ago and the conversation was not connected with a warning by Russia's top debt negotiator, Anatoly Chubais, that government indecision following the sacking of Sergei Kiriyenko as prime minister on Sunday could lead to grave new economic dangers for the country. Yeltsin has replaced Kiriyenko with acting Prime Minister Viktor Chernomyrdin who is rushing to put together a new government. As Chernomyrdin scrambled to put together his new administration, on Tuesday Russia's rouble suffered its worst fall in nearly four years, tumbling 10 percent. Copyright c 1998 Reuters Limited. All rights reserved.