Fiji Time: 7:59 AM on Saturday 21 January

Fiji Times Logo

/ Front page / News

Indon pledges $36m

Repeka Nasiko
Friday, June 20, 2014

INDONESIA has pledged $36.8million ($US20m) to the Pacific Islands Development Forum, affirming its commitment to broaden its network of co-operation in mitigating the impact of climate change.

Making the announcement on Denarau yesterday, Indonesian President Susilo Bambang Yudhoyono said countries such as Indonesia and Pacific Island states were prone to natural disasters.

"Therefore, strengthening cooperation in disaster mitigation and management is important," he said.

"In the next five years, and in our collective efforts to effectively respond to aforementioned common challenges, Indonesia will offer various capacity building programs.

"We intend to allocate a modest funding of $US20m for the Pacific Island countries."

He said Indonesia was committed to boost connectivity with the South Pacific region to overcome the challenge of distance.

"Better connectivity will help enhance interaction among our people.

"Therefore, Indonesia had involved Pacific Island countries in the discussion of connectivity within APEC during Indonesia's chairmanship last year."

He also expressed commitment to enlarge economic ties with PIDF countries in the areas of trade and investment.

"Our two-way trade in 2013 was $US318m ($F574m)," he said.

"We can do much better than that as there remain many untapped potentials.

"We should aim to triple that amount to $US1billion ($F1.8b) in the coming years and of course, we should provide special prominence to our respective small and medium enterprises."








Fiji Times Front Page Thumbnail

Kaila Front Page ThumbnailFiji Times & Kaila Frontpage PDF Downloads

Use the free Acrobat Reader to view.

Westpac
Code Inward TTs Outward TTs
CAD 0.64860.6296
JPY 56.520053.5200
GBP 0.39340.3854
EUR 0.45650.4445
NZD 0.68440.6514
AUD 0.64750.6225
USD 0.48910.4721

from

$0.00

Exchange Rate updated on 20th January, 2017

Today's Most Read Stories

  1. Bad weather approaches
  2. Drug raid in North
  3. Fire destroys garment facility
  4. Bills rebuff
  5. PM to request for funds
  6. Coral Coast 7s impress greats
  7. Five Fiji Babaas players join sevens extended squad
  8. No say on chiefly title disputes
  9. New year in tents for students
  10. Concern over drug use by students

Top Stories this Week

  1. Radrodro cops $10k fine for facebook rant Wednesday (18 Jan)
  2. Brothers appear for alleged assault, granted bail Saturday (14 Jan)
  3. Ministry to defend its workers Wednesday (18 Jan)
  4. Fiji 7s team to Wellington named Thursday (19 Jan)
  5. QVS opening delayed Sunday (15 Jan)
  6. Snap search uncovers contraband in remand centre Sunday (15 Jan)
  7. Morning blaze destroys home Saturday (14 Jan)
  8. Fijian Jimmy Snuka dies Wednesday (18 Jan)
  9. Kiribati grateful to Cakaudrove Tuesday (17 Jan)
  10. Mourning period ends for the late Roko Tui Bau Saturday (14 Jan)