It also required that companies renegotiate their contracts with the state.
A Sandoz spokesman said today that the company was renegotiating the deal but would not give details.
The company had already renegotiated its loan during the summer.
Indonesia is also taking steps to help domestic companies renegotiate their foreign debts.
The company is renegotiating the terms of the $30 million loan.
It is also possible that the companies may renegotiate financial terms rather than switch manufacturing and sales.
After that, the companies can renegotiate a new deal or walk away.
The company renegotiated it's lease on the same property in January 1936.
So far, the strategy has not worked; the company has lost money and recently renegotiated $200 million in debts.
The companies renegotiated the terms, lowering the value of the deal to about $4 billion.