Statement by Deputy Press Secretary Smith on the President's Meeting With President Violeta Chamorro of Nicaragua

The President met this afternoon with President Violeta Chamorro of Nicaragua. President Bush congratulated her on the success of her economic reform program and her efforts to bring all Nicaraguans together in national reconciliation. The President reiterated his full support for President Chamorro's efforts to strengthen democracy in her country.

President Chamorro thanked the President for the generous assistance to her country from the United States, including substantial debt relief. She indicated that Nicaragua is committed to a strong economic stabilization program that will set the stage for economic growth. She also outlined her plans for reforming the police and resolving the problems surrounding property rights in her country.