The Latest: US, Indonesia companies sign investment deals




  • In World
  • 2017-04-21 04:23:19Z
  • By Associated Press

JAKARTA, Indonesia (AP) - The Latest on U.S. Vice President Mike Pence's trip to Asia (all times local):

11:15 a.m. Friday

U.S. and Indonesian companies are signing 11 commercial and investment agreements during U.S. Vice President Mike Pence's visit to Jakarta that the two governments say are worth a combined $10 billion over time.

The deals include Lockheed Martin providing an advanced weapons targeting system for Indonesia's F-16 fighter jets, ExxonMobil selling 1 million tons of liquid natural gas to state-owned oil and gas company Pertamina for 20 years starting in 2025, Honeywell supplying turboprop engines to Indonesian aerospace company Dirgantara, and a $2 billion electricity metering system organized by a consortium of companies.

Pence told business leaders Friday the signings represent the "tremendous excitement" that U.S. based companies feel about investing in Indonesia.

The deals were announced as part of Pence's meetings with Indonesian-based business leaders. The vice president was departing for Australia later Friday.

___

6:30 p.m.

U.S. Vice President Mike Pence says President Donald Trump will be attending a summit with the leaders of the Association of Southeast Asian Nations, or ASEAN, in the Philippines in November.

Pence says Trump will also attend the East Asia Summit that follows the regional meetings in the Philippines that same month.

Pence is announcing the presidential trip after meeting in Jakarta with ASEAN officials.

Pence also met with a group of young people who are involved with the Young Southeast Asian Leaders Initiative.

Trump is also expected to attend the Asia-Pacific Economic Cooperation summit in Vietnam in November.

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1:45 p.m.

Vice President Mike Pence and his family have toured Jakarta's Istiqlal Mosque, the largest in Southeast Asia.

The Pences removed their shoes at the entrance and his wife and daughters covered their heads with scarves. Inside they stopped at a large drum called a bedug as a man demonstrated the drumming. They then stopped at an open terrace that looked out to the mosque's dome.

Pence arrived in Indonesia on Wednesday as part of an Asian tour.

The mosque, which can accommodate up to 200,000 people, has become a focal point for the hard-line protest movement against Jakarta's minority Christian governor. But in a sign of Indonesian diversity, the mosque is directly opposite a Catholic cathedral in central Jakarta.

Construction started in 1951 and the mosque was designed by Friedrich Silaban, a Protestant, according to its website.

___

11:15 a.m.

Vice President Mike Pence has reaffirmed the importance what he says is the strategic partnership between the United States and the world's most populous Muslim nation, Indonesia.

After meeting with Indonesia's President Joko "Jokowi" Widodo, he says Indonesia and the U.S. are both democracies and share the same values.

He praised Indonesia for the moderate from of Islam it practices and said the two countries would continue to cooperate on combating terrorism.

But Pence foreshadowed some reworking of the commercial and economic relationship saying that U.S. exporters should face a level playing field.

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