Indonesia, US sign bilateral deals worth 10 billion USD
US Vice President Mike Pence announced on April 21 that 11 deals worth 10 billion USD were signed between American and Indonesian companies during his visit to Jakarta.
Indonesian President Joko Widodo (R) and US Vice President Mike Pence in Jakarta (Photo: The Straits Times)
Hanoi (VNA) – US Vice President Mike Pence announcedonꦏ April 21 that 11 deals worth 10 billion USD were signed between American andIndonesian companies during his visit to Jakarta.
Of those, there is an agreement of Exxon Mobil selling liquefied natural gas toIndonesian state-owned energy company Pertamina. General Electric will providetechnology for Indonesian power plants, while Lockheed Martin will supply newweapons systems for F-16 fighter jets.
During a meeting in Jakarta with leaders of businesses, Vice PresidentPence said he and Indonesian President Joko Widodo discussed measures to helpUS firms better their access to the Indonesian market.
The two sides agreed to remove barriers for companies seeking to investin the Southeast Asian nation.
Apart from trade, they also discussed cooperation in fighting terrorism and maritime security.
According to the Indonesian Ministry of Trade’s data,total trade value between the two countries reached 23.83 billion USD in 2016and Indonesia enjoyed a surplus of 8.65 billion USD.
Indonesia’s major export products to the US wereapparel, footwear and aquatic products while it imports were soy, machines and aircraft.
Vice Pre��sident Pence departed Indonesia the same day for🌳Australia, the last destination in his 10-day visit to the Asia-Pacific region.Earlier, he visited Japan and the Republic of Korea.-VNA
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Indonesian President Joko Widodo (R) and US Vice President Mike Pence in Jakarta (Photo: The Straits Times) 
