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For Immediate Release
October 26, 2007
Contact:
Chris Fedderson
Director, Indonesia Affairs
+1 202 416-6719
cfedderson@usasean.org

American Business Delegation Hears from Indonesia’s
Leaders: "We Are Moving Forward"

(Jakarta) The US-ASEAN Business Council is completing a five-day business
mission to Indonesia today that includes 57 delegates from 30 prominent American
companies, including one that is a non-profit, non-governmental organization. The
mission, led by President of the US-ASEAN Business Council Matthew Daley,
Chairman of the US-Indonesia Business Council John “Jack” Gehring, and Vice
Chairman of the US-Indonesia Business Council Russell King, arrived in Jakarta
on Monday for meetings with Indonesia’s leadership.

Mission co-leader Mr. Matthew Daley, addressing the President of the Republic of Indonesia H.E.
Dr. Susilo Bambang Yudhoyono and an audience of 350 from American and Indonesian business
last night said, “We are at a special moment in our shared history where the United States and
Indonesia have transcended a challenging passage in their bilateral relationship and moving
forward with a momentum that was absent as the new century dawned.”
The theme of moving forward and not focusing on the past took on greater meaning during the
delegation’s meetings. From Indonesia’s highest foreign policy makers and diplomats, the
delegation learned about Indonesia’s more active participation - including through close
cooperation with the United States – in important world events.
In dialogues with economic ministers, the theme of moving forward also meant that Indonesia is
working towards overcoming barriers to growth and reform. Responding positively to that vision,
delegates from American companies provided insights to Indonesia’s policymakers on regulatory

bottlenecks that are slowing progress, employment and foreign investment for in Indonesia. In
many cases, American business and Indonesia’s policymakers agree on the analyses and are

concentrating on how best to structure an increasingly competitive regime and associated job
creation and prosperity.
On this topic, delegation co-leader John “Jack” Gehring said that, “When American companies
are choosing where to place new investments, they take much more than written regulations into
account. Our investment decisions are made for the long-term. They take into consideration
actual implementation of regulations, how the legal system resolves commercial disputes and the
receptivity and responsiveness of government officials in addressing impediments to
development.”
On the subject of governance, members of the delegation have proposed and committed to
support the establishment of an academic center for governance to be housed at a major
Indonesian university. The center will be world-class focal point for research and analysis of
governance issues. The delegation received positive reactions to the concept and said that it
would work with Indonesia’s government, business and academic leadership to bring this
opportunity to Indonesia.
The delegation has met with President Susilo Bambang Yudhoyono, Vice President Yusuf Kalla,
Coordinating Minister for the Economy Dr. Boediono, Speaker of the House of Representatives
Agung Laksono, Minister of Foreign Affairs Hassan Wirayuda, Minister of Trade Mari Elka

Pangestu, Minister of State Owned Enterprises Sofyan Djalil, Minister of Industry Fahmi Idris,
Investment Coordinating Board Chairman Mr. Muhammad Lutfi, the Ministry of Information and
Communications Technology, the Indonesian Chamber of Commerce & Industry (KADIN/KIKAS)
and the American Chamber of Commerce in Indonesia. The delegates will also hold meetings at
the Ministry of Finance and the Ministry of Energy and Mineral Resources.
The delegates would also like to recognize the efforts and invaluable support of the American
Ambassador to the Republic of Indonesia, Hon. Cameron R. Hume and the Ambassador of
Indonesia to the United States, H.E. Sudjadnan Parnohadiningrat to make the business mission a
success.
The companies represented on the mission include: AES Corporation; APCO Worldwide; The
Boeing Company; Caterpillar, Inc.; Chevron; the Coca-Cola Company; ConocoPhillips, Inc.;
ExxonMobil Corporation; Federal Express; Ford Motor Company; Freeport McMoRan Copper &
Gold, Inc.; General Electric Company; the Hills Companies; International Paper; Island Power;
JHPIEGO/Johns Hopkins University; Johnson & Johnson; Kraft Foods; Manulife Financial;
Marathon Oil Corporation; J. Ray McDermott; Mars, Inc.; Microsoft Corporation; Monsanto
Company; Oracle Corporation; QUALCOMM, Inc.; PT HM Sampoerna TBK; STAR Group, Ltd.;
TimeWarner, Inc.; UPS; and the U.S. Department of State Bureau of Economic, Energy, and
Business Affairs.
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The US-ASEAN Business Council and affiliates are dedicated to strengthening bilateral and US

ASEAN relations and building strong economic and commercial ties. Members of the Council
include Fortune 1000 companies in support of promoting trade, investment, and technology
cooperation, advancing US ASEAN relations through strong participation in public-private
partnerships, and committing to development and corporate social responsibility. The Council's
members are represented in diverse industries, including aerospace, agribusiness, automobiles,
computers and information technology, consumer goods, energy exploration and development,
express delivery services, financial services, health care and pharmaceuticals, media &
entertainment, mining, software, and telecommunications.
For information on the US-ASEAN Business Council or general information visit www.usasean.org.