Arab Today, arab today clinton urges indonesia to reduce trade barriers
Last Updated : GMT 21:46:51
Arab Today, arab today
Arab Today, arab today

Clinton urges Indonesia to reduce trade barriers

Arab Today, arab today

Arab Today, arab today Clinton urges Indonesia to reduce trade barriers

Nusa Dua - AFP

US Secretary of State Hillary Clinton on Sunday urged Indonesia to cut tariffs, saying trade between the two countries lagged behind others in Southeast Asia. She said the country of 240 million people was the biggest economy in the 10-member Association of Southeast Asian Nations (ASEAN) but its trade with the United States was well short of where it could be. \"While Indonesia is the largest economy in ASEAN, trade between our two countries lags behind others in the region,\" she said during a meeting with Indonesian Foreign Minister Marty Natalegawa and other officials. \"Last year America’s trade with Indonesia surpassed $20 billion, but it hit $40 billion with Malaysia. So we want to collaborate on ways to reduce tariffs and other barriers.\" Clinton on Saturday attended a gathering of Southeast Asian entrepreneurs alongside Indonesian Trade Minister Mari Elka Pangestu, at the end of a hectic week of regional diplomacy on the resort island of Bali. She said Indonesia was a \"natural choice\" for a summit of young entrepreneurs, as a major democracy in a \"dynamic region that is increasingly at the heart of global commerce and growth\". But she said its potential was being tied down by red tape and legal uncertainty. \"The United States wants to work with you to bring down these barriers,\" she said. \"That means reducing the time it takes to open a business here in this region... Improving the business climate by protecting intellectual property rights.\" She cited rampant copyright piracy as a clear deterrent to innovation in Indonesia, a member of the G20 group of rich and developing nations. \"If you come up with a good idea, it should be protected so that you can then make the most of it and spin it off into who knows where it might go,\" she said. At her meeting with Natalegawa, she noted Indonesian commitments to reduce its carbon emissions and said the United States wanted to work with Jakarta to \"spur sustainable growth\". She also looked ahead to President Barack Obama\'s visit to Indonesia -- his childhood home for four years in the late 1960s -- for the East Asia Summit in November. Washington and Jakarta could use the summit to advance their \"most important shared concerns\" such as maritime security, disaster readiness and nonproliferation, \"including working toward a denuclearised Korean peninsula\". Clinton arrived in Bali on Thursday to attend a series of meetings culminating in the ASEAN Regional Forum security dialogue on Saturday. She leaves for Hong Kong later Sunday.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today clinton urges indonesia to reduce trade barriers Arab Today, arab today clinton urges indonesia to reduce trade barriers

 



Arab Today, arab today

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today clinton urges indonesia to reduce trade barriers Arab Today, arab today clinton urges indonesia to reduce trade barriers

 



Arab Today, arab today France defies terrorism through tourism

GMT 15:18 2017 Saturday ,20 May

France defies terrorism through tourism
Arab Today, arab today Zainab Fadel Oglu designs “Shakerin” mosque

GMT 12:13 2017 Thursday ,11 May

Zainab Fadel Oglu designs “Shakerin” mosque
Arab Today, arab today Seeks to move past rift with Israel

GMT 08:00 2017 Monday ,08 May

Seeks to move past rift with Israel
View News in Arabic - Business: قضايا ساخنة
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Mozambique's gas boom dream under threat

GMT 16:29 2017 Monday ,08 May

Mozambique's gas boom dream under threat
Arab Today, arab today Prepares to give stargazers an eyeful

GMT 13:38 2017 Monday ,06 March

Prepares to give stargazers an eyeful
Arab Today, arab today Jaguar displays XF Sportbrake line

GMT 14:36 2017 Monday ,08 May

Jaguar displays XF Sportbrake line
Arab Today, arab today BMW sees forecasts in reach

GMT 09:04 2017 Thursday ,04 May

BMW sees forecasts in reach
Arab Today, arab today Climate science: Bad news gets worse

GMT 08:48 2017 Saturday ,06 May

Climate science: Bad news gets worse
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday