Indonesia, Japan to ink economic partnership deal
Xinhua, Jakarta
Japanese Prime Minister Shinzo Abe will sign the long-awaited Economic Partnership Agreement (EPA) during his visit to Jakarta later this month, marking another milestone in the development of the bilateral relations.Abe is scheduled to arrive here Aug. 19 on a three-day visit. He and President Susilo Bambang Yudhoyono are expected to sign the EPA on Aug. 20. "After the EPA is signed by the two leaders, there will be a memorandum of understanding signing on five energy deals," Indonesian Chamber of Commerce and Industry (Kadin) Chairman Muhammad Hidayat was quoted Saturday by English daily The Jakarta Post as saying. Hidayat said that he could not reveal the details of the deals, but confirmed that two of the deals would be for the construction of two power plants, while three deals concerned partnerships in the oil and gas sector.
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