Al-Ittihad's victory drought continues, misses chance to qualify for ACL elite    Al Ittihad CEO frustrated with 'not positive' SPL feedback, announces internal assessment    Franco-Saudi seminar sparks new initiatives in railway and smart mobility development    Lone wolf suspect charged in shooting of Slovak PM    Saudi Crown Prince meets UN chief and several Arab leaders in Bahrain    Cognite Data Fusion now available on Google Cloud in Saudi Arabia    Saudi taekwondo team makes history with first Asian championship golds    Worshippers locked in Nigeria mosque and set on fire    Net-zero producers forum wraps up second ministerial meeting in Riyadh    British Airways resumes flights to Jeddah after five-year break    Israeli tank fire kills own soldiers in north Gaza    Israeli minister attacks Netanyahu over Gaza future    "Green Family" campaign launched to enhance climate change awareness among families    Nazaha chief: Vision 2030 aims to be a successful model in combating corruption    13 illegal workers arrested for running firm selling expired seafood    4 major world boxing titles await their champion at 'Ring of Fire' in Riyadh Saturday    Indian spices face heat over global safety concerns    Glioblastoma: Top Australian doctor remains brain cancer-free after a year    Introducing Zilos: A luxury Culinary Oasis of Mediterranean and Asian Fusion in Jeddah    Saudi authorities recall contaminated mayonnaise after food poisoning incident at Riyadh restaurant    JK Rowling in 'arrest me' challenge over hate crime law    Trump's Bible endorsement raises concern in Christian religious circles    Hollywood icon Will Smith shares his profound admiration for Holy Qur'an    We have celebrated Founding Day for three years - but it has been with us for 300    Exotic Taif Roses Simulation Performed at Taif Rose Festival    Asian shares mixed Tuesday    Weather Forecast for Tuesday    Saudi Tourism Authority Participates in Arabian Travel Market Exhibition in Dubai    Minister of Industry Announces 50 Investment Opportunities Worth over SAR 96 Billion in Machinery, Equipment Sector    HRH Crown Prince Offers Condolences to Crown Prince of Kuwait on Death of Sheikh Fawaz Salman Abdullah Al-Ali Al-Malek Al-Sabah    HRH Crown Prince Congratulates Santiago Peña on Winning Presidential Election in Paraguay    SDAIA Launches 1st Phase of 'Elevate Program' to Train 1,000 Women on Data, AI    41 Saudi Citizens and 171 Others from Brotherly and Friendly Countries Arrive in Saudi Arabia from Sudan    Saudi Arabia Hosts 1st Meeting of Arab Authorities Controlling Medicines    General Directorate of Narcotics Control Foils Attempt to Smuggle over 5 Million Amphetamine Pills    NAVI Javelins Crowned as Champions of Women's Counter-Strike: Global Offensive (CS:GO) Competitions    Saudi Karate Team Wins Four Medals in World Youth League Championship    Third Edition of FIFA Forward Program Kicks off in Riyadh    Evacuated from Sudan, 187 Nationals from Several Countries Arrive in Jeddah    SPA Documents Thajjud Prayer at Prophet's Mosque in Madinah    SFDA Recommends to Test Blood Sugar at Home Two or Three Hours after Meals    SFDA Offers Various Recommendations for Safe Food Frying    SFDA Provides Five Tips for Using Home Blood Pressure Monitor    SFDA: Instant Soup Contains Large Amounts of Salt    Mawani: New shipping service to connect Jubail Commercial Port to 11 global ports    Custodian of the Two Holy Mosques Delivers Speech to Pilgrims, Citizens, Residents and Muslims around the World    Sheikh Al-Issa in Arafah's Sermon: Allaah Blessed You by Making It Easy for You to Carry out This Obligation. Thus, Ensure Following the Guidance of Your Prophet    Custodian of the Two Holy Mosques addresses citizens and all Muslims on the occasion of the Holy month of Ramadan    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



Obama in Indonesia as he looks to Asia for US jobs
Published in Saudi Press Agency on 18 - 11 - 2011

AlHijjah 22, 1432, Nov 18, 2011, SPA -- President Barack Obama was in
Indonesia Friday for talks with leaders from Asian countries, as the
United States looks to the region for ways to create jobs back home, according to dpa.
With its tremendous growth and growing middle classes, the
Asia-Pacific region is a key market for US exports, his aides said.
As soon as Obama arrived in the resort island of Bali, the White
House announced commercial deals with Indonesia, Singapore and Brunei
which it said could support 127,000 US jobs.
Starting his agenda in Bali, Obama witnessed the signing of a deal
between The Boeing Company and Indonesia's Lion Air for the purchase
of 230 Boeing 737s worth 21.7 billion dollars.
The deal, which includes options for a further 150 aircraft valued
at 14 billion dollars, represents one of the largest trade
transactions between the United States and Indonesia, the White House
said.
"These cross-border collaborations, both public and private,
underpin the expanding strategic partnership between the US and the
Asia-Pacific, contributing to economic growth and development," the
White House said in a statement.
Lion Air director Edward Sirait said the planes would be delivered
between 2017 and 2025.
"The deal is separate from 178 planes that we ordered previously,"
Sirait was quoted as saying by the detikFinance.com news website. "So
all together we have ordered 408 planes."
Obama arrived in Indonesia from Australia, where he announced an
upgrade in a 60-year-old formal military alliance.
As part of the strengthened alliance, Australia has agreed to host
250 US Marines in the northern city of Darwin from next year, with
numbers rising to 2,500 within five years.
The arrangement is seen as an attempt by the US to counter China's
growing assertiveness in the region as Washington asserts itself as a
Pacific power.
On Friday, Obama was due to hold talks with leaders of the
10-member Association of South-East Asian Nations (ASEAN) as well as
with Indian Prime Minister Manmohan Singh.
The dispute between China and some ASEAN members over the South
China Sea was expected to be on the agenda at Obama's talks with the
Asian leaders.
Tensions have risen between China, which lays an all-encompassing
claim to the sea, and the Philippines, an ASEAN member.
The United States has no territorial claims in the South China
Sea, a key shipping lane that is also believed to be rich in oil and
mineral resources, but has said it has a national interest in freedom
of navigation.
China insists the dispute be resolved with each of the claimants
bilaterally, and has urged the US not to interfere.
In July, ASEAN and China agreed on a non-binding set of guidelines
to allow dialogue and cooperation. On Wednesday, ASEAN foreign
ministers began working on a more binding code of conduct in the sea.
The South China Sea was also expected to be on the agenda at the
East Asia Summit on Saturday, even though China has made it clear it
is opposed to such a discussion.
The summit includes ASEAN countries plus China, Japan, South
Korea, the United States, Russia, Australia, India and New Zealand.


Clic here to read the story from its source.