Indonesia, US strengthen strategic partnership

The US is interested in win-win trade relations with Indonesia, the Southeast Asian largest economy, US Vice President Mike Pence said.

Thursday, April 20, 2017 20:13

Indonesia, US strengthen strategic partnership ảnh 1

Indonesian President Joko Widodo (R) and US Vice President Mike Pence (Photo: EPA/VNA)

Jakarta (VNA) – The US is interested in win-win trade relationswith Indonesia, the Southeast Asian largest economy, US Vice President MikePence said at a joint press conference following a meeting with IndonesianPresident Joko Widodo in Jakarta on April 20.

For his part, President Widodo affirmed to boostthe strategic partnership with the US, especially in trade and investment.

He said the two countries will set up a group todiscuss issues related to investment and bilateral trade management based onwin-win principles.

Apart from trade, they discussed cooperation on fightingterrorism and maritime security.

According to the Indonesian Ministry of Trade’sdata, total trade value between the two countries reached 23.83 billion USD in2016 and Indonesia enjoyed a surplus of 8.65 billion USD.

Major export products of the Southeast Asiancountry to the US were parallel, footwear and seafood while it imports soy,machines and aircraft from the US.

Indonesia is one of 16 countries under a review for having a trade surplus with the US.-VNA

VNA

# strategic partnership #win-win trade relations

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