CAT - Indonesia - Name Ross Wisnewski Class Busi 464...

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Name Ross Wisnewski Class Busi 464 Section_001_ Critical Analysis Template Title: Indonesia-U.S. Trade Relations PRINCIPLE: U.S. and Indonesia are working together to increase their trade relations through the U.S-Indonesia Comprehensive Partnership (1). PRACTICE: Meet regularly under the Trade and Investment Framework Agreement (TIFA) (2) o Signed July of 1996 (2) o Established a council for trade and investment matters (11) o Established the Memorandum of Understanding to Combat Illegal Logging and Associated Trade in 2006 (2) Indonesia is 34 th largest export market for U.S. goods (2) o $8 billion (2) PARTICULARS: Combined GDP of southeast Asia nations is $2 trillion which is why trade with Association of Southeast Asia Nations (ASEAN) needs to increase (12) General Electric (GE) sales went up 25% due to Indonesia(12) o Order of 100 locomotives(12) o Investment has reached US$1.2 billion (13) o Jakarta, Surabaya, and Bogor rely on GE for lighting (13) o Water purification o Financing for infrastructure o Medical imaging equipment The main exports to Indonesia are: (14) o Civilian aircraft, engines, equipment, and parts at $1.45 billion o Soybeans at $1.03 billion o Chemicals at $2.7 million o Industrial machines at $2.4 million o Wheat at $2.3 million The main imports from Indonesia are: (15) o Apparel and household good-cotton at $2.75 billion o Natural rubber and similar gums at $2.07 billion o Apparel and household goods-other textiles at $1.89 billion o Fish and Shellfish at $1.27 billion o Sporting and camping apparel, footwear and gear at $8.59 million 1
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Indonesia exports to U.S. were $18.0 billion (2) With the rapid expansion of the Indonesian economy of 6% there are growing opportunities of advancement and profit (12)
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