Indonesia to maximize benefit from Obama's visit: official

13:22, February 23, 2010      

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Indonesian government would use the upcoming visit of U.S. President Barack Obama to maximize the benefits for the archipelagic country by optimizing agreements to be signed by heads of the two countries during the visit, Indonesian Economy Coordinating Minister Hatta Radjasa said on Tuesday.

"The foreign desire to invest in Indonesia was increasing rapidly. U.S. was one of countries pledged to increase its investments here. There will be six agreements to be signed in the visit. We would use it largely for the prosperity of the country," Hatta said on the sidelines of a coordination meeting in the financial ministry's premises here.

Hatta pointed out that Indonesia has to take benefits from the increasing desires of foreign countries to place and add their investments in the country.

According to Edi Abdurrahman, the minister's secretary, agreements to be signed by Indonesian President Susilo Bambang Yudhoyono and Obama cover various sectors, among others investment, education, forestry, agriculture, oil and gas.

Indonesia is recognized as one of the surviving countries in the crisis that rammed global economy since late 2008. Indonesia booked positive growth amid the crisis along with China and India.

Obama is scheduled to undertake his Indonesian visit from March 20 to 22. Obama spent his childhood in Indonesia's capital city of Jakarta from 1967 to 1971.

Source: Xinhua
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