US-Indonesian deals during Pence’s visit related to energy

US-Indonesian deals during Pence’s visit related to energy


Jakarta — Foreign Minister Retno Marsudi said on Thursday (20/04) that all deals signed between Indonesia and the United States during the U.S. Vice President Mike Pence’s visit to Jakarta were related to the energy sector. She said the total deals reached US$8 billion “This time all business deals are related to the energy sector. This ranged from waste to energy development to geothermal development,” she said at the Presidential Palace in Central Jakarta on Thursday (20/04). Retno could not confirm whether the high profile issue surrounding gold and copper miner PT Freeport Indonesia was discussed the visit of the U.S. vice president, who is scheduled to leave Indonesia on Friday. “Freeport issue is done,” she said, referring to the negotiation between the government and Freeport Indonesia over the conversion of the Work of Contract (WoC), established in 1991 to the Special Mining License (IUPK) as part of the adjustment to the new law on mining. On Thursday, Pence met with President Joko Widodo (Jokowi) before attending a bilateral talk with Vice President Jusuf Kalla. Kalla was accompanied by several ministers including Coordinating Economic Minister Darmin Nasution, Coordinating Maritime Affairs Minister Luhut Panjaitan and Energy and Mineral Resources Minister Ignasius Jonan.

Source: thejakartapost