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Turborama Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Nov-11-11 09:50 PM
Original message
U.S., Indonesia sign pact to boost commercial ties
Source: Reuters

HONOLULU | Fri Nov 11, 2011 7:20pm EST

- The United States and Indonesia agreed on Friday to work to expand trade and commercial ties, with a focus on energy, before President Barack Obama's visit next week for the East Asian Summit in Bali.

"It's time for the U.S.-Indonesia relationship to stop walking and start running," Dino Patti Djalal, Indonesia's ambassador to the United States, said at a signing ceremony with U.S. Commerce Under Secretary Francisco Sanchez.

Top executives from Procter & Gamble and Chevron Asia Pacific Exploration and Production took part in the event to mark the start of the U.S.-Indonesia Commercial Dialogue that will begin work next month.

"We're going to be focusing on energy -- traditional oil and gas but also renewable energy -- harmonizing standards and helping small businesses in both countries participate in this growing sector," Sanchez told Reuters after the signing.

Read more: http://www.reuters.com/article/2011/11/12/apec-indonesia-usa-idUSN1E7AA1T220111112
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SoapBox Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Nov-11-11 10:53 PM
Response to Original message
1. "U.S., Indonesia sign pact to boost commercial ties"
Is that "code" for, shipping more American jobs out of the country?

*snarkage*
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Lasher Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Nov-12-11 01:59 AM
Response to Reply #1
2. Yes.
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hack89 Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Nov-13-11 08:56 AM
Response to Reply #1
5. The article specifically says oil and gas are the focus.
I suspect Indonesia has significant oil and gas field that they want to develop.
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KoKo Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Nov-12-11 10:16 AM
Response to Original message
3. Oh My....this doesn't sound good. More big business "helping the people"
We know where that goes. More 1% benefit and the 99% get the scraps.
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lib2DaBone Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Nov-13-11 03:39 AM
Response to Original message
4. How about some more clothing from Indonesia?
You know.. the kind of shirts that you wash one time.. the arm falls off and it shrinks up to the size of a postage stamp.

By all means.. let's ship some more jobs off shore.
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