Speech outline - Trade between U.S and Indonesia In 1996...

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Trade between U.S. and Indonesia In 1996 Trade and Investment Framework Agreement was signed This established a council between the two countries for trade Over the past ten years Indonesia’s economy has continued to grow when everyone else has been dealing with recessions. Last year they grew 6% Due to growth Indonesia has made improvement on their infrastructure top priority ASEAN has a total GDP of $2 trillion which US wants to tap into via Indonesia. This is
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Unformatted text preview: Rely on GE for lighting, water purification Financing for infrastructure Medical imaging equipment US exports about $8 billion to Indonesia Main exports are: Aircraft Soybeans Chemicals Industrial machines Wheat Main imports are: Apparel - Cotton Natural rubber Apparel – other textiles Fish and Shellfish Sporting Apparel Indonesia has problems with corruption which makes trade with them difficult Ranked 32 in the corruption perceptions index Also have strict regulations for the importing of agricultural products Obama is taking a case to the WTO about Indonesia for the first time since Clinton...
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