President Yudhoyono meets US business leaders

Indonesian President Susilo Bambang Yudhoyono received eight US top businessmen at a breakfast meeting at Hotel Sheraton Waikiki, Honolulu, Hawaii, Sunday morning local time or Monday morning West Indonesia Time.

The meeting which was closed to the media was attended by among others Freeport McMoran president and CEO Richard Adkerson, Caterpillar Group President Richard Lavin, Emery Konig from Cargill, Deb Henretta from Procter & Gamble, Peter Eggleston from Chevron, President of National Center for APEC Monica Whaley, President & CEO of Underwriters Laboratories Inc. Keith Williams, and Sehat Soehardjo and Wili Dai from Marvell Technology Group Ltd.

President Yudhoyono at the meeting was accompanied by coordinating minister for economic affairs Hatta Radjasa, trade minister Gita Wirjawan, industry minister MS Hidayat and Indonesian ambassador to the US, Dino Patti Djalal.

According to Dino President Yudhoyono and the business leaders only held short talks and listened to some of their plans to continue to do business and conduct new investment in the country.

Among the companies that have expressed their interest to invest in Indonesia but not yet unveiled their detailed plan are Cargill and Caterpillar.

"The others only said that they were postiive towards Indonesia," Dino said.

He said the US business leaders at the meeting expressed their optimism towards the development of business conditions in Indonesia.

"The talks just now were very short. They just expressed their optimism (towards Indonesia)," he said.

After the meeting President Yudhoyono then left for Ihilani Ko Olina Resort to attend the second day of the summit.

At the second day of the meeting the leaders would discuss a declaration to be adopted by 21 APEC member countries.

In his speech before the discussion US President Barack Obama as the host expressed his satisfaction over the progress achieved at the meeting to strengthen regional economic integrity, promote environment-based green economic growth and convergence of regulations in economic cooperation.

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