UPI.com, July 25, 2011
DENPASAR,
Indonesia, July 25 (UPI) -- Indonesia could get millions of dollars in
financial aid during the next several years for a sustainable and green
economy, the U.S. State Department said.
The U.S.
Department of Energy in May examined the potential for investing in oil,
natural gas and renewable energy in Indonesia. Both governments discussed the
possibilities during talks in Bali between U.S. Secretary of State Hillary
Clinton and her Indonesian Foreign Minister Marty Natalegawa.
The State
Department said Indonesia under a Millennium Challenge Corp. compact could get
around $600 million during the next five years for investments in
environmentally sustainable green prosperity.
Both sides
said they were working on completing a second agreement on forest conservation
before September. The State Department said it planned to contribute around $20
million toward that agreement.
"I
think both Secretary Clinton and I feel ever more confident that the
comprehensive partnership between our two countries are in a good state, and
that we are actually further deepening and strengthening our collaboration and
partnership," said Natalegawa.
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