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Japanese authorities July 29 welcomed Thailand’s decision to begin talks with the International Monetary Fund for help in restoring stability to its weakened baht, adding that Tokyo would seriously consider any Thai request for aid from Japan.

Speaking at a news conference, Finance Minister Hiroshi Mitsuzuka said the initiation of talks on an economic adjustment program with the IMF was a first step in resurrecting the Thai economy. “I hope an agreement can be reached (with the IMF) so that trust in the (Thai) financial market can be restored and the Thai economy can soon walk the path toward sustainable growth,” he said.

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