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            [post_content] => Jakarta. Foreign Minister Retno Marsudi is scheduled a visit the United States next month to follow up on a bilateral trade agreement discussed during US Vice President Mike Pence's visit to Jakarta last week.

"I will be heading to [Washington] DC next month to participate in bilateral meetings about the regulation aspects for trade and investments," Retno said on Friday (21/04), as quoted by state news agency Antara.

Retno said she held discussions with other ministers to create a unified Indonesian delegation comprising officials from the ministries of home affairs, industry, agriculture and more to go to Washington.

"This will be a critical issue to discuss, as we are coming from a commitment between leaders. It is important to draw up the implementation immediately," Retno added.

Pence's visit to Indonesia last week yielded more than $10 billion in bilateral agreements between Indonesian and US companies.

Eleven agreements were signed, including for oil and gas giant Exxon Mobil to sell liquefied natural gas to state-owned energy company Pertamina; aerospace and defense company Lockheed Martin to upgrade the Indonesian Air Force's aging F-16 fighter jets; and for General Electric to develop electricity infrastructure in the archipelago.

However, Indonesia is on a list of 16 countries included in an executive order US President Trump signed last month to investigate trade imbalances.

During his visit, Pence said the United States seeks free and fair trade relationships that will spur job creation and economic growth for both countries.

President Joko "Jokowi" Widodo said last week that the two countries are both committed to improve their strategic partnership, which focuses on trade and investment.
            [post_title] => FM Retno Will Visit US in May to Follow Up on Bilateral Trade Agreement
            [post_excerpt] => Foreign Minister Retno Marsudi will visit the United States next month to follow up on Indonesia-US bilateral trade agreement forged during US Vice President Mike Pence’s visit to Jakarta last week.
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                            [title] => Menlu Retno LP Marsudi memberikan keterangan terkait pelarangan akses oleh otoritas Israel beberapa waktu lalu, Istana Merdeka, Jakarta, Selasa (15/3)
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            [post_content] => Jakarta. The United States Vice President Mike Pence's visit to Indonesia on Thursday (20/04) resulted in a number of significant takeaways, including common understanding between the two countries to reduce economic and political barriers, as well as improve trade and investment.

The visit yielded more than $10 billion in deals between Indonesian and US companies, but there is always a catch.

Iskandar Hadrianto, a foreign policy analyst and a former senior Indonesian diplomat, said in an article published in the Jakarta Globe on Friday that even though Pence's visit promised many good things for Indonesia, the old adage still holds: "there's no such thing as a free lunch."

"Pence's visit to Jakarta, apart from being carefully geared to secure US interests in Indonesia (primarily Freeport, though this was never made public), was also meant to convince Indonesians that the Trump administration will not leave Asean on its own devices to handle regional security," Iskandar, who has done some work for the Asia-Pacific Center for Security Studies — a US Department of Defense academic institute that seeks to address regional and global security issues — said.

When he mentioned Freeport, the former diplomat was referring to the dispute between the Indonesian government and US mining giant Freeport McMoran over rights to one of the world's biggest gold and copper mines in Grasberg, Papua.

Diplomacy worked its magic, and Freeport finally secured a permit to resume copper exports from Indonesia on Friday after a hiatus of more than three months, according to a Reuters report.

During Pence's visit to Indonesia — part of his 10-day Asian tour — Indonesian and US companies signed a total of 11 agreements, including for oil and gas giant Exxon Mobil to sell liquefied natural gas to Indonesia's state energy company Pertamina, aerospace and defense company Lockheed Martin to provide upgrades to the Indonesian Air Force's aging F-16s, and conglomerate General Electric to develop electricity infrastructure throughout the archipelago.

"The Americans showed they were still eager to make more trade and investment deals with Asean countries," Iskandar said.

However, one of the most highlighted issues that has made the headline since Pence's visit is that Indonesia was put on a list of 16 countries which US president Donald Trump said need to be reprimanded for causing significant trade deficit to the superpower.

Among members of the Association of Southeast Asian Nations, or Asean, two are on the US hit list: Vietnam, which enjoyed a $32 billion trade surplus with the US last year, and Indonesia, which enjoyed a trade surplus of $13 billion according to the US.

Trump's executive order placed China on top of the hit list with a $347 billion trade surplus, followed by Japan ($69 billion), Germany ($65 billion) and Mexico ($63 billion).

Indonesia's trade minister Enggartiasto Lukita responded to the news cautiously, saying Indonesia will respond by listing problematic export deals with the US and requesting the ministry's representative in Washington, D.C., to monitor development on the Trump policy,

Bank Indonesia Senior Deputy Governor Mirza Adityaswara had tried to defuse the conflict, arguing that Indonesia has done nothing to disadvantage US companies in trade deals.

Mirza, one of the speakers in the GlobeAsia business summit on April 6, said US authorities may scrutinize a country if it intervenes in the market to keep its currency low for at least a year, which will allow for cheaper export to the US market.

"Indonesia has never done that, whenever [the rupiah] falls, the central bank intervenes only to stabilize it. In many cases, this actually strengthened the value of the rupiah," Mirza said.

[caption id="attachment_656251" align="aligncenter" width="1024"]From left to right, the Indonesian Chambers of Commerce and Industry (Kadin) chairman Rosan P. Roeslani, Lippo Group President Theo L. Samuaga, Bank Indonesia Senior Deputy Governor Mirza Adityaswara, BeritaSatu Media Holding Chief Executive Sinyo Harry Sarundajang and GlobeAsia Editor-in-Chief Shoeb Kagda Zainuddin at the GlobeAsia Business Summit 2017 on April 6, celebrating the magazine's 10th anniversary. (GA Photo/Defrizal) From left to right, the Indonesian Chambers of Commerce and Industry (Kadin) chairman Rosan P. Roeslani, Lippo Group President Theo L. Samuaga, Bank Indonesia Senior Deputy Governor Mirza Adityaswara, BeritaSatu Media Holding Chief Executive Sinyo Harry Sarundajang and GlobeAsia Editor-in-Chief Shoeb Kagda Zainuddin at the GlobeAsia Business Summit 2017 on April 6, celebrating the magazine's 10th anniversary. (GA Photo/Defrizal)[/caption]

Indonesia exports many agricultural products to the US, including rubber, tropical oils, coffee and spices. It also exports knit apparel, woven apparel, electrical machinery and footwear.

Meanwhile, the US's biggest exports to Southeast Asia are machinery, transportation equipment including aircraft, food and agricultural products, machinery and chemicals.

The chairman of the Indonesian Chambers of Commerce and Industry (Kadin) Rosan P. Roeslani said Indonesia needs not be alarmed as the US is not aiming to hurt trade relationship with the archipelago nation. He said the US is just seeking a way to balance the trade ledger.

"I have spoken with the trade attaché at the US embassy. This is not about reducing Indonesia's slice of the [export] pie or reducing trade with more barriers," he said.

Rosan was also one of the speakers at the GlobeAsia summit, which discussed "The Impact of Trumponomics on Indonesia" and took place at Museum Bank Indonesia in Central Jakarta.

Other speakers included Yoga Affandi, director of economic and monetary policy at Bank Indonesia, Adam Mulawarman Tugio, director of US-Indonesia relations at the Ministry of Foreign Affairs, and Indra Darmawan, international business cooperation director of Indonesia's Investment Coordinating Board, known as the BKPM.

Speaking to reporters at a separate event, Finance Minister Sri Mulyani Indrawati and Chief Economics Minister Darmin Nasution also said the US trade hit list is nothing Indonesia has to worry about.

"Let it be. Let's not bother ourselves with it," the economic tzar said on April 5 in Jakarta.

On the same day, Sri Mulyani told reporters that even though it is not yet time for the government to worry, it needs to remain cautious about the possible impact's of Trump's executive order.

While the US remains one of Indonesia's biggest trading partners, President Joko Widodo has instructed his ministries to expand Indonesia's export market to include countries in Africa, Central Asia, the Middle East and Eurasia and countries that are members of the Regional Comprehensive Economic Partnership (RCEP).

RCEP is a proposed free trade agreement (FTA) between Asean's ten member states.

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            [post_title] => Good Takeaways From Pence's Visit, But Can Indonesia Get Away From US Trade Hit List?
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            [post_content] => Jakarta. Freeport McMoRan collected a permit to resume copper exports from Indonesia on Friday (21/04) after a hiatus of more than three months, hours after a state visit by US Vice President Mike Pence, who discussed the copper miner's dispute with Jakarta.

Indonesia's trade ministry issued Freeport with a permit to export 1.1 million tons of copper concentrate up to February next year, although it was unclear how long shipments would last.

Freeport is still at loggerheads with Indonesia over rights to its giant Grasberg mine in Papua, and tensions with workers threaten to disrupt its operations further.

Indonesia halted Freeport's copper concentrate exports in January under new rules that require the Arizona-based company to adopt a special licence, pay new taxes and royalties, divest a 51 percent stake in its operations and relinquish arbitration rights.

The dispute has cost the company and Indonesia hundreds of millions of dollars. Jakarta has said it would halt exports again if negotiations over sticking points were not resolved within six months.

Freeport has also warned Jakarta, saying it had the right to commence arbitration by June 17 if no agreement was reached.

Pence thanked Indonesian President Joko "Jokowi" Widodo for the interim solution to the Freeport dispute on Friday but said more steps were still needed, a White House foreign policy adviser said.

"We told them that there were more steps that needed to be taken," the adviser said, noting this was the only business issue Pence raised in his meeting with Jokowi on Thursday.

Abseneeism, Furloughs 

Tensions are rising around Grasberg after Freeport laid off thousands of workers there to stem losses from its dispute with the Indonesian government over mining rights.

Freeport warned on Friday it would punish workers for absenteeism, a day after one of the main unions announced plans to strike over employment conditions.

"Freeport Indonesia has experienced a high level of absenteeism over the last several days," Freeport spokesman Eric Kinneberg said.

"Absenteeism is being tracked and disciplinary actions will be enforced under the terms of the Collective Labour Agreement," he said.

Freeport had "demobilized" just over 10 percent of its workforce of 32,000 by last week, a number expected to grow until the dispute is fully resolved.

The Freeport workers' union said the company's efforts to reduce its workforce so far have had "extensive impacts on workers and their families".

Workers are worried about the layoffs "because there are no limits or specific criteria on workers who will be furloughed," the union said. It demanded an end to the furlough policy and notified Freeport of plans to strike for 30 days from May 1.

"Efforts by the company to cut costs and reduce their numbers of workers, this is what has made them feel agitated," said Virgo Solossa, a Freeport workers' union member told Reuters, but said many other workers would not join the strike.

Adding to tensions around Grasberg, several Freeport workers and police were injured in a clash in Papua on Thursday, when officers fired rubber bullets at demonstrators in Timika.

Timika Police Chief Victor Machbon confirmed the details of the incident and said about 1,000 demonstrators attempting to free a union leader at a court hearing had not dispersed when tear gas was fired.

According to the trade ministry, Freeport exported 1.17 million tons of copper concentrate to Japan, South Korea, China, India and the Philippines in 2016.

Reuters
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            [post_content] => [caption id="attachment_656103" align="aligncenter" width="1024"]US Vice President Mike Pence chats with President Joko 'Jokowi' Widodo at the Presidential Palace in Central Jakarta on Thursday (20/04). (Reuters Photo/Darren Whiteside) US Vice President Mike Pence chats with President Joko 'Jokowi' Widodo at the Presidential Palace in Central Jakarta on Thursday (20/04). (Reuters Photo/Darren Whiteside)[/caption]

[caption id="attachment_656105" align="aligncenter" width="1024"]Pence's daughters, Charlotte, left, and Audrey, right, sit with Jokowi's daughter Kahiyang Ayu, center, as they watch a Balinese dance at the Presidential Palace. (Reuters Photo/Beawiharta) Pence's daughters, Charlotte, left, and Audrey, right, sit with Jokowi's daughter Kahiyang Ayu, center, as they watch a Balinese dance at the Presidential Palace. (Reuters Photo/Beawiharta)[/caption]

[caption id="attachment_656106" align="aligncenter" width="1024"]Vice President Pence listens during a meeting with Muslim community leaders at the Istiqlal Mosque in Central Jakarta on Thursday. (Reuters Photo/Beawiharta) Vice President Pence listens during a meeting with Muslim community leaders at the Istiqlal Mosque in Central Jakarta on Thursday. (Reuters Photo/Beawiharta)[/caption]

[caption id="attachment_656107" align="aligncenter" width="1024"]Vice President Pence talks to reporters after meeting with ambassadors of the Association of Southeast Asian Nations (Asean) in Jakarta on Thursday. (Reuters Photo/Beawiharta) Vice President Pence talks to reporters after meeting with ambassadors of the Association of Southeast Asian Nations (Asean) in Jakarta on Thursday. (Reuters Photo/Beawiharta)[/caption]

[caption id="attachment_656108" align="aligncenter" width="1024"]Vice President Pence, accompanied by his wife Karen, left, talks with chief imam Nasaruddin Umar during his visit to the Istiqlal Mosque on Thursday. (Reuters Photo/Beawiharta) Vice President Pence, accompanied by his wife Karen, left, talks with chief imam Nasaruddin Umar during his visit to the Istiqlal Mosque on Thursday. (Reuters Photo/Beawiharta)[/caption]

[caption id="attachment_656109" align="aligncenter" width="1024"]Pence and his wife Karen wave before departing for Australia at Halim Perdanakusuma International Airport in East Jakarta on Friday. (Reuters Photo/Beawiharta) Pence and his wife Karen wave before departing for Australia at Halim Perdanakusuma International Airport in East Jakarta on Friday. (Reuters Photo/Beawiharta)[/caption]

[caption id="attachment_656110" align="aligncenter" width="1024"]Pence shakes hands with Indonesian Vice President Jusuf Kalla, left, as he arrives to speak at a business forum at the Shangri-La Hotel in Central Jakarta on Friday. (Reuters Photo/Beawiharta) Pence shakes hands with Indonesian Vice President Jusuf Kalla, left, as he arrives to speak at a business forum at the Shangri-La Hotel in Central Jakarta on Friday. (Reuters Photo/Beawiharta)[/caption]
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                            [caption] => US Vice President Mike Pence, left, speaks with Indonesian President Joko 'Jokowi' Widodo during their meeting at the Presidential Palace in Central Jakarta on Thursday (20/04). (Reuters Photo/Dita Alangkara)
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                            [post_excerpt] => US Vice President Mike Pence chats with President Joko ’Jokowi’ Widodo at the Presidential Palace in Central Jakarta on Thursday (20/04). (Reuters Photo/Darren Whiteside)
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                            [post_excerpt] => Pence’s daughters, Charlotte, left, and Audrey, right, sit with Jokowi’s daughter Kahiyang Ayu, center, as they watch a Balinese dance at the Presidential Palace. (Reuters Photo/Beawiharta)
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                            [post_excerpt] => Vice President Pence listens during a meeting with Muslim community leaders at the Istiqlal Mosque in Central Jakarta on Thursday. (Reuters Photo/Beawiharta)
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                            [post_excerpt] => Vice President Pence, accompanied by his wife Karen, left, talks with chief imam Nasaruddin Umar during his visit to the Istiqlal Mosque on Thursday. (Reuters Photo/Beawiharta)
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Jakarta. Indonesia's benchmark stock index rebounded on Friday (21/04) after a decline in the previous day, on the back of a positive sentiment on the domestic market.

The Jakarta Composite Index (JCI) closed 1.23 percent higher at 5,664.75, gainers beat decliners 184 by 136.

It was an expected rebound from Thursday's 0.2 percent loss, when property stocks were hit by concerns over the fate of developments in the controversial North Jakarta reclamation project, after quick counts indicated that incumbent Jakarta Governor Basuki "Ahok" Tjahaja Purnama, who supported it, lost the election.

Analysts had said the unexpectedly peaceful Jakarta gubernatorial election had improved long-term prospects for investors.

On Friday, foreign investors, accounting for 38 percent of the day's total trade, bought Rp 312.1 billion ($23.5 million) more in shares than they sold, while domestic investors sold Rp 312 billion more in shares than they bought.

Stocks in the miscellaneous industry category, which include stocks in automotive sector, gained 5.63 percent on Friday, while infrastructure, utilities and transportation stocks surged by 4.29 percent.

Binaartha Sekuritas equity analyst Nafan Ali said a bilateral trade agreement between Indonesia and United States had given the stock market a boost.

US Vice President Mike Pence arrived in Jakarta on Wednesday in a bid to boost strategic partnership between the two countries. Pence witnessed the signing of 11 memoranda of understanding between Indonesia and US companies worth more than $10 billion on Friday.

"Another positive factor was Bank Indonesia's decision to keep its benchmark rate unchanged," Nafan said.

On Thursday, the central bank decided to keep its seven-day reverse repo rate at 4.75 percent, its deposit facility rate at 4 percent and its lending facility rate at 5.5 percent.

The rupiah strengthened to 13,320 against the greenback on Friday, compared to 13,328 the day before, according to the Jakarta Inter-Bank Spot Dollar rate, compiled by Bank Indonesia.

The Indonesia Stock Exchange will see no trading on Monday, April 24, a public holiday. Trade will resume on Tuesday, April 25.

[post_title] => Benchmark Stock Index Up on Friday Boosted by Pence Visit, Unchanged Central Bank Key Rate [post_excerpt] => [post_parent] => 0 [guid] => http://jakartaglobe.id/?p=655922 [post_type] => post [post_date_gmt] => 2017-04-21 15:03:04 [post_date] => 2017-04-21 22:03:04 [post_name] => benchmark-stock-index-friday-boosted-pence-visit-unchanged-central-bank-key-rate [author] => Sarah Yuniarni [author_permalink] => /author/sarah-yuniarni/ [category] => Array ( [0] => stdClass Object ( [term_id] => 231 [name] => Markets [slug] => markets [parent] => 120 [term_taxonomy_id] => 254 [permalink] => business/markets ) ) [permalink] => /markets/benchmark-stock-index-friday-boosted-pence-visit-unchanged-central-bank-key-rate/ [meta] => stdClass Object ( [_edit_lock] => 1492839976:281 [_edit_last] => 281 [post_type_override] => NA [author] => Sarah Yuniarni [post_writter_override] => -1 [post_source_override] => 285 [news_type] => National [news_source] => JG [jg_post_template] => 2col [featured] => false [_thumbnail_id] => 656116 [_yoast_wpseo_focuskw] => Mike Pence [_yoast_wpseo_metadesc] => Indonesia's benchmark stock index rebounded on Friday (21/04) after a decline in the previous day thanks to positive sentiments in the domestic market. [jglobeShrinker] => http://jglo.be/jNAj [_yoast_wpseo_linkdex] => 61 ) [user_author] => Sarah Yuniarni [author_by_line] => Sarah Yuniarni [attachment] => stdClass Object ( [width] => 4000 [height] => 2667 [file] => http://img.thejakartaglobe.com/2017/04/antarafoto-kerjasama-indonesia-as-210417-bean-7.jpg [sizes] => stdClass Object ( [thumbnail] => stdClass Object ( [file] => antarafoto-kerjasama-indonesia-as-210417-bean-7-150x150.jpg [width] => 150 [height] => 150 [mime-type] => image/jpeg ) [medium] => stdClass Object ( [file] => antarafoto-kerjasama-indonesia-as-210417-bean-7-300x200.jpg [width] => 300 [height] => 200 [mime-type] => image/jpeg ) [large] => stdClass Object ( [file] => antarafoto-kerjasama-indonesia-as-210417-bean-7-1024x682.jpg [width] => 1024 [height] => 682 [mime-type] => image/jpeg ) ) [image_meta] => stdClass Object ( [aperture] => 5.3 [credit] => ANTARA FOTO [camera] => NIKON D4S [caption] => US Vice President Mike Pence with his Indonesian counterpart Jusuf Kalla. (Antara Photo/Rosa Panggabean) [created_timestamp] => 1492770797 [copyright] => ANTARA FOTO [focal_length] => 180 [iso] => 4000 [shutter_speed] => 0.004 [title] => Wakil Presiden Jusuf Kalla (kanan) bertepuk tangan saat Wakil Presiden Amerika Serikat (AS) Michael R. Pence memberi sambutan dalam Business Leaders and Commercial Deal Signing, Jakarta, Jumat (21/4). ) [post_id] => 656116 ) ) [5] => stdClass Object ( [ID] => 655965 [post_author] => 199 [post_content] => United States Vice President Mike Pence's recent Asian tour proves the old adage that "there's no such things as a free lunch." Taking into account previous talks between Japanese Prime Minister Shinzo Abe and US President Donand Trump on the fate of the Trans Pacific Partnership (TPP); the political discourses that developed out of German Chancellor Angela Merkel's visit to the US and their effects on the future of European security — including the future of NATO; and Chinese President Xi Jinping's talks with Trump on furthering US-China partnership, it's quite clear that US foreign policy will now be negotiated on a country-to-country basis. Pence's visit to Jakarta, apart from being carefully geared to secure US interests in Indonesia (primarily Freeport, though this was never made public), was also meant to convince the Indonesians that the Trump administration will not leave Asean on its own devices to handle regional security. The Americans also showed they were still eager to make more trade and investment deals with Asean countries. In response to the escalating tension in South China Sea, Pence reiterated the importance of the SCS Code of Conduct to defuse hostility between the conflicting parties. In the end though, Pence refused to give guarantee to Asean countries, or to Japan and South Korea, that the US will intervene directly to curb North Korean leader Kim Jong-Un's belligerent maneuvers. Pence said the US will rely on China to put pressure on North Korea to put a stop to its weekly missile tests that have severely compromised regional security arrangements. Trump is trying to persuade China to agree to a political and security deal: in return for helping the US keep the Korean Peninsula safe, the Americans promise they will do their best to wipe out trade deficit with China. To Japan, the US is continuing to promise security guarantees, enhancing the existing US-Japan defense agreement by including a clause that says any attempt to strike Japan using nuclear weapons would be interpreted as a direct attack on the US. In exchange, Trump wants Japan to open more opportunities for American trade and investment. The US president is also pushing the same deal to the Europeans. Trump has clearly stated that European countries have to start paying up for defense costs that the US has been covering on its own. In other words, Europe needs to start digging deep into its pockets if it wants to keep NATO going. During a meeting with Indonesian President Joko "Jokowi" Widodo, Pence put pressure on Indonesia to open up more market access for US merchandise and investment. In return, the US will help Southeast Asia's biggest economy maintain peace and security. To sum up, US foreign policy under Trump shows a new forthrightness that disguises the same old story: a willingness to link economic ventures with security issues. The Americans are only too happy to be a world police, but only as long as its trade and investment partners are willing to pay for it. Iskandar Hadrianto is a foreign policy analyst. He is a former senior diplomat and official at Indonesia's Ministry of Foreign Affairs. A graduate of the Salzburg Diplomatic Academy and an alumni of the United Nations Leadership Academy, Iskandar has also worked for the Asia-Pacific Center for Security Studies. [post_title] => US Foreign Policy in South East Asia: There's No Such Thing as a Free Lunch [post_excerpt] => [post_parent] => 0 [guid] => http://jakartaglobe.id/?p=655965 [post_type] => post [post_date_gmt] => 2017-04-21 13:45:57 [post_date] => 2017-04-21 20:45:57 [post_name] => us-foreign-policy-south-east-asia-theres-no-thing-free-lunch [author] => Iskandar Hadrianto [author_permalink] => /author/iskandar-hadrianto/ [category] => Array ( [0] => stdClass Object ( [term_id] => 217 [name] => Commentary [slug] => commentary [parent] => 216 [term_taxonomy_id] => 240 [permalink] => opinion/commentary ) ) [permalink] => /commentary/us-foreign-policy-south-east-asia-theres-no-thing-free-lunch/ [meta] => stdClass Object ( [_edit_lock] => 1492787143:199 [_edit_last] => 199 [post_type_override] => NA [author] => Iskandar Hadrianto [post_writter_override] => -1 [post_source_override] => 199 [news_type] => National [news_source] => JG [jg_post_template] => 2col [featured] => false [_thumbnail_id] => 656039 [_yoast_wpseo_focuskw] => US foreign policy [_yoast_wpseo_metadesc] => United States Vice President Mike Pence's recent Asian tour proves the old adage that "there's no such things as a free lunch." 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(Antara Photo/Sigid Kurniawan) [created_timestamp] => 1492711282 [copyright] => ANTARA FOTO [focal_length] => 140 [iso] => 4000 [shutter_speed] => 0.01 [title] => Wakil Presiden Amerika Serikat Michael R Pence (kiri) berdialog dengan anggota Young Southeast Asian Leaders saat berkunjung di Kantor Sekretariat ASEAN, Jakarta, Kamis (20/4). ) [post_id] => 656039 ) ) [6] => stdClass Object ( [ID] => 655937 [post_author] => 255 [post_content] => Sydney. United States Vice President Mike Pence is expected to discuss trade and regional security when he meets Australian Prime Minister Malcolm Turnbull on Saturday (22/04), Australian officials said. Pence arrives in Australia late on Friday for the last stop on his 10-day tour of US allies in the Asia-Pacific region that has included a series of roundtables with leading business executives in South Korea, Japan, and Indonesia. His trip to the region is the first by a senior official in President Donald Trump's administration as the United States looks to strengthen economic ties and security cooperation amid disputes in the South China Sea and tension on the Korean peninsula. "The vice president has met or spoken with several ministers and they spoke of the strong commitment to continuing the relationship with Australia, so the prime minister will enjoy the chance to talk about opportunities for building on that partnership," one official in Turnbull's office said, who asked not to be identified. Australia's relationship with the new administration in Washington got off to a rocky start when Trump lambasted Turnbull over a refugee resettlement arrangement that Trump labeled a "dumb" deal. Details of an acrimonious phone call between the pair soon after Trump took office made headlines around the world. That deal, agreed with former President Barack Obama, is likely to be discussed on Saturday. Under the deal, the United States agreed to resettle up to 1,250 asylum seekers held in offshore processing camps on South Pacific islands in Papua New Guinea and Nauru. In return, Australia would resettle refugees from El Salvador, Guatemala and Honduras. The deal has taken on added importance for Australia, which is under political and legal pressure to shut the camps, particularly one on Papua New Guinea's Manus Island where violence between residents and inmates has flared. Pence will also meet Australian business executives in Sydney on Saturday, following similar meetings in Seoul, Tokyo, and Jakarta that have been thick with executives from Fortune 100 companies. His message at each of those stops was to reassure political and business leaders that Trump's "America First" policy meant that the United States was open to foreign investment, and that his administration wanted to work with business leaders to knock down barriers for US products. Pence also discussed efforts in Washington to work with Congress on tax and regulatory reform. He has also confirmed that Trump will attend this year's gathering of the Association of Southeast Asian Nations, scheduled for the Philippines in November. While in Australia, Pence and his family will also meet some local wildlife at Sydney's zoo, take a harbor cruise and tour the world-famous Sydney Opera House. Reuters [post_title] => Pence to Talk Trade, Security and Koalas During Australian Visit [post_excerpt] => United States Vice President Mike Pence is expected to discuss trade and regional security when he meets Australian Prime Minister Malcolm Turnbull on Saturday (22/04), Australian officials said. [post_parent] => 0 [guid] => http://jakartaglobe.id/?p=655937 [post_type] => post [post_date_gmt] => 2017-04-21 10:51:34 [post_date] => 2017-04-21 17:51:34 [post_name] => pence-talk-trade-security-koalas-australian-visit [author] => Jane Wardell & Roberta Rampton [author_permalink] => /author/jane-wardell--and-amp;-roberta-rampton/ [category] => Array ( [0] => stdClass Object ( [term_id] => 161 [name] => World [slug] => world [parent] => 160 [term_taxonomy_id] => 183 [permalink] => international/world ) ) [permalink] => /world/pence-talk-trade-security-koalas-australian-visit/ [meta] => stdClass Object ( [_edit_lock] => 1492779665:249 [_edit_last] => 249 [_thumbnail_id] => 655962 [post_type_override] => NA [author] => Jane Wardell & Roberta Rampton [post_writter_override] => -1 [post_source_override] => 255 [news_type] => International [news_source] => REUTERS [jg_post_template] => 2col [featured] => false [_yoast_wpseo_title] => Pence to Talk Trade, Security and Koalas During Australian Visit [_yoast_wpseo_focuskw] => Pence [_yoast_wpseo_metadesc] => US Vice President Mike Pence is expected to discuss trade and regional security when meeting Australian Prime Minister Malcolm Turnbull on Saturday (22/04). 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(Reuters Photo/Kim Kyung-Hoon) [created_timestamp] => 1492566709 [copyright] => [focal_length] => 0 [iso] => 0 [shutter_speed] => 0 [title] => U.S. Vice President Mike Pence delivers a speech to U.S. and Japanese service members on the flight deck of the USS Ronald Reagan at the U.S. naval base in Yokosuka ) [post_id] => 655962 ) ) [7] => stdClass Object ( [ID] => 655956 [post_author] => 279 [post_content] => Jakarta. Vice President Jusuf Kalla said this week's peaceful Jakarta gubernatorial election shows that Indonesia has a successful democracy. Speaking after a meeting with US Vice President Michael Pence at the Vice-Presidential Palace in Central Jakarta on Thursday (20/04), Kalla said: "The timing of [Pence's] arrival was perfect. When the noisy regional election was over, everyone shook hands. So, it is a democracy in Indonesia." Kalla said Pence expressed admiration of the democracy in Indonesia, the world's most populous Muslim-majority country. "They admire our democratic ways in this Muslim-majority country. It is one of a kind among other nations," he said. Kalla added that all the tensions surrounding the gubernatorial election were already gone. "Such as today, I asked whether the squabbles were felt or not, and everyone smiled. So, this is Indonesia's democracy. He [Pence] did not mention anything else, as he could not give us any better [examples]," Kalla said. Pence is on a two-day state visit to Indonesia as part of his Asia-Pacific tour. US Ambassador Joseph R Donovan Jr. previously said the visit is intended to create prosperity for both countries, as well as ensure stability in the Asia-Pacific region. Pence also attended a business forum at the Shangri-La Hotel in Central Jakarta on Friday where Kalla was present. 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(Antara Photo/Rosa Panggabean) [created_timestamp] => 1492688709 [copyright] => ANTARA FOTO [focal_length] => 80 [iso] => 4000 [shutter_speed] => 0.00625 [title] => Wakil Presiden Jusuf Kalla (kanan) menyambut Wakil Presiden Amerika Serikat (AS) Michael R. Pence (kiri) untuk melakukan pertemuan bilateral di Istana Wakil Presiden, Jakarta, Kamis (20/4). ) [post_id] => 656000 ) ) [8] => stdClass Object ( [ID] => 655834 [post_author] => 222 [post_content] => Updated on Saturday, April 22 at 05.44 p.m.  Jakarta. Indonesia and the United States agreed on Friday (21/04) to find ways to reduce barriers to U.S. companies operating in Southeast Asia's largest economy, visiting U.S. Vice President Mike Pence and Jakarta's investment chief said. The Trump administration has put Indonesia on a list of 16 countries whose trade surpluses with the United States will be put under review. A series of disputes between Indonesia and American firms has also ruffled ties. "We will work with President Jokowi to reduce barriers to trade and investments and to create a truly level playing field where all our businesses have equal opportunity and market access," Pence said. Jokowi is the nickname of Indonesia's President Joko Widodo. "The president and I spoke about that very candidly and very respectfully," Pence told a roundtable discussion with business executives in Jakarta before flying to Australia on the last leg of his 10-day Asia-Pacific tour. Indonesia's investments barriers include a lack of intellectual property protection, insufficient transparency with regulations and requiring local content for manufactured goods sold in the Indonesian market, Pence said. Indonesia's Investment Coordinating Board chief Tom Lembong said Widodo agreed "we still have too many regulations, too many barriers to trade, and these are bad for local and international industries". "I'm optimistic because President Jokowi and President Trump are both lifelong business people, and I think they are very focused on the practical issues that hinder business and investment," Lembong told Reuters. "I feel that the Trump administration and the Jokowi administration are on the same wavelength." Lembong said Indonesia needs both investment and imports from the United States, "especially productivity-enhancing products and services. You need imports to boost exports." $10 billion agreements Neither side disclosed any discussions about the disputes Indonesia has had with American companies of late. Over the past six months, Indonesia has wrestled with mining giant Freeport McMoRan, demanding the company divest 51 percent of its shares in its Papua-based gold and copper mine, and has demanded that Google Inc. settle unpaid taxes and fines of more than $400 million. Jakarta also scrubbed JP Morgan from its list of primary bond dealers after what was deemed a negative research report. Pence did, however, witness the signing of more than $10 billion in memoranda of understanding with U.S. companies in Indonesia on Friday. Among the 11 agreements were ones by Exxon Mobil to sell liquefied natural gas to Pertamina, Lockheed Martin to provide upgrades to the Indonesian Air Force's F-16s, and General Electric to develop electrical infrastructure in Indonesia. "We think there are opportunities to clear open the way for American companies to participate more greatly in Indonesia," Pence said, adding the agreements would "draw our nations closer together and benefit both our people." Counter-Terrorism Cooperation Pence said in opening remarks to the roundtable that an attack in central Paris is the latest reminder terrorism can strike anywhere at anytime, and the United States would not relent in its efforts to end terrorism. "The people of Indonesia can be confident in the wake of this latest attack: We will not relent in our effort to end terrorism and the threat it presents to both of our peoples," Pence said. A French policeman was shot dead and two others were wounded in central Paris on Thursday night in an attack carried out days before presidential elections and quickly claimed by the Islamic State militant group. Indonesia, the world's largest Muslim-majority nation, has itself been hit by a series of deadly attacks over the past 15 years, led by militants affiliated with al Qaeda and more recently by Islamic State. Pence said Washington would continue working with Indonesia to combat terrorism. On Thursday, Pence toured the Istiqlal Mosque in Jakarta, Southeast Asia's largest, and said Indonesia's moderate form of Islam should serve as an example to other nations. Indonesia has expressed concern about the Trump administration's proposal to bar entry to citizens of some predominantly Muslim nations. That plan, however, remains stalled in courts. Pence on Thursday announced Trump would visit Southeast Asia in November for an annual series of regional summits. They include the Asia-Pacific Economic Cooperation meeting in Vietnam and the Association of Southeast Asian Nations summit in the Philippines. Reuters [post_title] => Pence Discusses Barriers to US Companies With Jokowi, as $10b Deals Signed [post_excerpt] => US Vice President Mike Pence met with President Joko "Jokowi" Widodo on Thursday (20/04) to discuss overcoming obstacles that limit bilateral trade and investment between the two nations. [post_parent] => 0 [guid] => http://jakartaglobe.id/?p=655834 [post_type] => post [post_date_gmt] => 2017-04-21 07:13:30 [post_date] => 2017-04-21 14:13:30 [post_name] => pence-discusses-barriers-us-companies-jokowi-10b-deals-signed [author] =>  Roberta Rampton [author_permalink] => /author/ roberta-rampton/ [category] => Array ( [0] => stdClass Object ( [term_id] => 227 [name] => Economy [slug] => economy [parent] => 120 [term_taxonomy_id] => 250 [permalink] => business/economy ) ) [permalink] => /economy/pence-discusses-barriers-us-companies-jokowi-10b-deals-signed/ [meta] => stdClass Object ( [_edit_lock] => 1492869648:199 [_edit_last] => 199 [_thumbnail_id] => 655838 [post_type_override] => NA [author] =>  Roberta Rampton [post_writter_override] => -1 [post_source_override] => 222 [news_type] => National [news_source] => REUTERS [jg_post_template] => 2col [featured] => false [_yoast_wpseo_focuskw] => Pence [_yoast_wpseo_metadesc] => US Vice President Mike Pence met with Jokowi on Thursday to discuss overcoming obstacles that limit bilateral trade and investment between the two nations. 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