Indonesia, US firms sign over US$7bil in trade, investment deals


WASHINGTON: Indonesian and US companies on Wednesday (Feb 18) signed deals valued at more than US$7 billion a day ahead of Indonesian President Prabowo Subianto's meeting with US President Donald Trump to sign a final trade pact, the US-Asean Business Council said.

The agreements, signed at a dinner for Prabowo hosted by the US Chamber of Commerce, include purchases by Indonesian firms of 1 million metric tonnes of US soybeans, 1.6 million tonnes of corn, and 93,000 tonnes of cotton over unspecified periods, according to a US-Asean Business Council (USABC) fact sheet.

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