World Bulletin / News Desk
US Vice President Mike Pence announced $10 billion in deals between American and Indonesian companies during a visit to Jakarta Friday, as he pushed for greater access to Southeast Asia's top economy.
Eleven deals were signed. Energy firm Exxon Mobil, General Electric, and aerospace giant Lockheed Martin were among the American companies involved in the agreements.
"These deals represent the tremendous excitement that American companies feel about opportunities in Indonesia,” said Pence.
Exxon Mobil will sell liquefied natural gas to Indonesian state-owned energy company Pertamina, General Electric will provide technology for Indonesian power plants, while Lockheed Martin will provide new weapons systems for F-16 fighter jets.
During the visit to Indonesia, his latest stop on an Asia tour, Pence has been pushing to help US firms who want to do business in Indonesia -- one of several countries targeted by Donald Trump's administration for running a trade surplus with the US.
During a meeting at a Jakarta hotel Friday where the deals were announced, Pence told business leaders that he and President Joko Widodo had "very candidly and very respectfully" discussed how to improve market access for US firms in Indonesia when they held talks.
He said earlier on the visit that Washington wanted to "break down barriers" for exporters seeking to enter the Indonesian market.
Indonesia has long been targeted by foreign investors, as it has enjoyed robust growth in recent years, driven by exports of its key commodities even as many developed countries have struggled.
But Indonesia can be a notoriously difficult place to do business due to nationalistic policies, complex bureaucracy and problems with corruption, and foreign firms have often run into trouble.
The latest example of a US company facing problems is a row between the government and mining giant Freeport-McMoRan, which runs a huge gold and copper mine in Indonesia, after authorities demanded they obtain a new licence to operate.
Pence departed Indonesia Friday for the next stop on his tour, Australia. He has already visited South Korea and Japan on a trip that is aimed at smoothing some of the rougher edges of Trump's rhetoric.
New offensive, reportedly to launch Saturday, aims to drive fighters from their strongholds
In big win for Nigeria’s anti-corruption campaign, official sentenced over abuse of office totaling $4.4M
PM Mariano Rajoy says he will trigger Article 155 of Spanish constitution, which gives Madrid control of Catalonia
On Friday, Iraqi government forces wrested control of kıirkuk's northern Altunkopru sub-district from Peshmerga
Statement from US Embassy in Ankara comes after Pentagon condemns raising of banner of Abdullah Ocalan in Raqqah
Chancellor-designate Sebastian Kurz has not ruled out ruling coalition with anti-immigrant Freedom Party
Law forces removal of niqabs, burkas while riding municipal buses
Army also takes 2 oil fields in disputed area of Mosul, bringing number of captured oil fields to 44
Army retakes several districts from al-Shabaab, terrorist group blamed for last Saturday's deadly attack
We urge Iraqi government to calm situation by limiting federal forces’ movements in disputed areas, the spokesperson says
Tillerson, speaking one week after President Donald Trump refused to certify the Iran nuclear deal and left its fate to the US Congress, said that he would address European allies' business concerns.
Until Spain's Senate convenes to discuss the government's move to start imposing direct control over Catalonia Puigdemont "can change course, can return to constitutional legality," Martinez-Maillo said.
One of the organisers said "more than 10,000" people turned out for the march to the trades union congress building. No official figure was immediately available.
The inspection was related to "concerns that several German car manufacturers may have violated EU antitrust rules that prohibit cartels and restrictive business practices," a statement said.