VOL. XXXI

NO.44

8-AUGUST-1988

OPEC

Indonesia Says Production, not Quotas, Should Be Cut

Indonesia's Mines and Energy Minister, Mr. Ginandjar Kartasasmita, haspointed out that as long as there is over-production any attempt by OPEC to cutquotas would be pointless. Mr. Kartasasmita said in Jakarta on 30 July that ifan emergency meeting of OPEC were to be called "that means quotas will becut and that would be useless," although "if it were called todiscuss other issues, then it could take place." The...