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DATE=6/18/98
TYPE=CORRESPONDENT REPORT
NUMBER=2-234167
TITLE=INDIA-PAKISTAN SANCTIONS (L ONLY)
BYLINE=GIL BUTLER
DATELINE=STATE DEPARTMENT
CONTENT=
VOICED AT:
INTRO:  THE UNITED STATES HAS GIVEN DETAILS OF THE ECONOMIC 
SANCTIONS BEING IMPOSED ON INDIA AND PAKISTAN IN RESPONSE TO 
THEIR NUCLEAR TESTING.  V-O-A'S GIL BUTLER REPORTS THAT WHILE 
PROJECTS RELATED TO HUMAN NEEDS ARE  NOT  AFFECTED, THERE ARE 
STILL BILLIONS OF DOLLARS IN PENALTIES.
TEXT:  AFTER THREE WEEKS OF DELIBERATION, THE LIST OF AMERICAN  
SANCTIONS AGAINST INDIA AND PAKISTAN IS READY.  ACCORDING TO U-S 
OFFICIALS, THE ESTIMATED AMOUNT OF DEVELOPMENT LOANS THAT WILL 
NOT  BE MADE BECAUSE OF NUCLEAR TESTS IS TWO AND A HALF BILLION 
DOLLARS A YEAR FOR INDIA AND ONE AND A HALF BILLION DOLLARS A 
YEAR FOR PAKISTAN.  AMERICAN BANKS WILL BE BARRED FROM EXTENDING 
LOANS OR CREDITS TO THE GOVERNMETNS OF INDIA AND PAKISTAN.
IN ADDITION,  NO  MILITARY EQUIPMENT DELIVERIES ARE TO GO TO 
INDIA, AND  NO  DUAL USE ITEMS THAT COULD HAVE MISSILE OR NUCLEAR
APPLICATIONS WILL BE EXPORTED TO THE TWO COUNTRIES.
DEPUTY SECRETARY OF STATE STROBE TALBOTT TOLD REPORTERS THE AIM 
OF THE SANCTIONS IS TO CONVINCE INDIA AND PAKISTAN TO HALT 
FURTHER NUCLEAR TESTING, SIGN THE TEST BAN TREATY,  NOT  DEPLOY 
OR TEST MISSILES OR NUCLEAR WEAPONS, STOP PRODUCTION OF NUCLEAR 
WEAPONS  MATERIALS, AND REDUCE TENSIONS BETWEEN THEM, 
PARTICULARLY OVER KASHMIR.
                       /// TALBOTT ACT ///
 SANCTIONS PROPERLY APPLIED CAN SEND A POWERFUL SIGNAL,  NOT  
ONLY TO INDIA AND PAKISTAN, BUT A POWERFUL SIGNAL TO THE REST OF 
THE WORLD:  NAMELY, THE SIGNAL THAT THE PATH DOWN WHICH INDIA AND
PAKISTAN HAVE STARTED TO MOVE WITH THESE TWO TESTS IS A DEAD END 
AND  NO  ONE ELSE SHOULD FOLLOW DOWN THAT PATH.
                         /// END ACT ///
U-S OFFICIALS SAID LOANS FOR BASIC HUMAN NEEDS, SUCH AS EDUCATION
AND LOW INCOME HOUSING, ARE EXEMPT FROM THE SANCTIONS.
MR. TALBOTT SAID THE SANCTIONS ARE  NOT  ANTI INDIA OR ANTI 
PAKISTAN, BUT ARE REQUIRED BY LAW WITH THE AIM OF ENDING THE 
PROLIFERATION OF NUCLEAR WEAPONS.  AT THE SAME TIME, HE MADE A 
PLEA THAT CONGRESS ALLOW GREATER FLEXIBILITY AND DISCRETION IN 
THE USE OF SANCTIONS.  (SIGNED)
NEB/MGB/WDC/GE
18-Jun-98 4:36 PM EDT (2036 UTC)
NNNN
Source: Voice of America
.