Sunday, May 22, 2022
  • About us
    • Write for us
    • Disclaimer
    • Terms of use
    • Privacy Policy
  • RSS Feeds
  • Advertise with us
  • Contact us
DefenceTalk
  • Home
  • Defense News
    • Defense & Geopolitics News
    • War Conflicts News
    • Army News
    • Air Force News
    • Navy News
    • Missiles Systems News
    • Nuclear Weapons
    • Defense Technology
    • Cybersecurity News
  • Military Photos
  • Defense Forum
  • Military Videos
  • Military Weapon Systems
    • Weapon Systems
    • Reports
No Result
View All Result
  • Home
  • Defense News
    • Defense & Geopolitics News
    • War Conflicts News
    • Army News
    • Air Force News
    • Navy News
    • Missiles Systems News
    • Nuclear Weapons
    • Defense Technology
    • Cybersecurity News
  • Military Photos
  • Defense Forum
  • Military Videos
  • Military Weapon Systems
    • Weapon Systems
    • Reports
No Result
View All Result
DefenceTalk
No Result
View All Result

Pence announces $10 bn in deals on Indonesia trip

by Agence France-Presse
April 21, 2017
in Defense Geopolitics News
2 min read
0
Misawa fighter jets break new training barriers
14
VIEWS

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.

The country of 255 million people is home to a rapidly growing middle class and an army of consumers whose spending power is increasing.

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.

Tags: F-16indonesialockheed martinpence
Previous Post

US tries to clear waters after North Korea ‘armada’ confusion

Next Post

Israel to get 3 more F-35 fighter jets on Sunday, army

Related Posts

EU warns Belarus opening door to Russian nukes after vote

New military bases in western Russia in response to NATO expansion: minister

May 20, 2022

Russian Defence Minister Sergei Shoigu said on Friday that Moscow would create new military bases in western Russia in response...

NATO warns Russia readying for ‘full-scale attack’ on Ukraine

Signs multiply Russia seeks control of south Ukraine

May 20, 2022

The Kremlin said Thursday it was important to ensure basic living conditions in war-torn Ukraine as signs multiplied that Moscow...

Next Post
Israeli Air Force Flies First F-35 Night Sortie

Israel to get 3 more F-35 fighter jets on Sunday, army

Latest Defense News

EU warns Belarus opening door to Russian nukes after vote

New military bases in western Russia in response to NATO expansion: minister

May 20, 2022
NATO warns Russia readying for ‘full-scale attack’ on Ukraine

Signs multiply Russia seeks control of south Ukraine

May 20, 2022
Biden to announce anti-gun violence measures

Biden begins Asia trip in South Korea, under North nuclear shadow

May 20, 2022
Russian Army Receives More Iskander-M Tactical Ballistic Missile System

Belarus buys S-400, Iskander missiles from Russia: Lukashenko

May 20, 2022
Turkey seeks alternatives to Russian energy after warplane crisis

Erdogan urges NATO allies to ‘respect’ concerns over Finland, Sweden

May 19, 2022
North Korea

North Korea ‘ready for nuclear test’ with Biden due in Seoul

May 19, 2022

Defense Forum Discussions

  • Russian Navy Discussions and Updates
  • NZDF General discussion thread
  • Ukrainian - Russian War Memes.
  • China - Geostrategic & Geopolitical.
  • The Russian-Ukrainian War Thread
  • Republic of Korea AF (ROKAF)
  • Helo Jumping with Dutch Marines
  • The German Bundeswehr - a "Paper Tiger?"
  • Royal Australian Navy Discussions and Updates 2.0
  • Australian Army Discussions and Updates
DefenceTalk

© 2003-2020 DefenceTalk.com

Navigate Site

  • Defence Forum
  • Military Photos
  • RSS Feeds
  • About us
  • Advertise with us
  • Contact us

Follow Us

No Result
View All Result
  • Home
  • Defense News
    • Defense & Geopolitics News
    • War Conflicts News
    • Army News
    • Air Force News
    • Navy News
    • Missiles Systems News
    • Nuclear Weapons
    • Defense Technology
    • Cybersecurity News
  • Military Photos
  • Defense Forum
  • Military Videos
  • Military Weapon Systems
    • Weapon Systems
    • Reports

© 2003-2020 DefenceTalk.com