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11 Nov 2010

Obama Visits Keep Economic Cooperation

Obama Visits Keep Economic Cooperation

JAKARTA: The government recognizes the United States visit of President Barack Hussein Obama to Indonesia did not produce any agreement, only confirmed his intention to maintain the relationship of economic cooperation.


"The coming Obama's not in context to sign something. However, to give a commitment and passion that both countries want to increase the commitment in many areas," said Coordinating Minister Hatta Rajasa, today.

 

Nevertheless, there is a spirit Hatta rate higher than the U.S. in improving trade relations with Indonesia.

 

President Obama, he said, assessing the U.S. and Indonesia trade volume reached U.S. $ 21 billion do not reflect the potential for trade between the two countries.

 

"It means we must increase, while maintaining the balance of trade. There have been efforts in that direction, and now is our effort to sort out," he explained.

 

Indonesian non-oil exports to the U.S. in January to September reached U.S. $ 9.03 billion, an increase of achievement in the same period last year amounted to U.S. $ 7.52 billion.

 

Meanwhile, import value of Jakarta from Washington in the same period reached U.S. $ 6.84 billion, an increase of positions in the same period last year amounted to U.S. $ 4.84 billion.

 

By                    : Hatta Rajasa

Source              : Bisnis.Com

Translated         : Using google translation facilities  

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