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France pledges $2.6 billion for Indonesia as Hollande visits

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AP Jakarta
Last Updated : Mar 29 2017 | 4:57 PM IST
France has pledged USD 2.6 billion in investments for Indonesia and affirmed deepening ties with Southeast Asia's biggest economy during a visit by President Francois Hollande.
Indonesian President Joko "Jokowi" Widodo welcomed the new commitment by French investors to increase their involvement in the energy, infrastructure and retail industries.
Jokowi and Hollande today also witnessed the signing of five memorandums of understanding covering defense, sustainable urban development, research, technology and tourism.
They also agreed to increase maritime cooperation.

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First Published: Mar 29 2017 | 4:57 PM IST

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