Fiji Time: 4:10 AM on Friday 26 May

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 0.65220.6332
JPY 54.851351.8513
GBP 0.37360.3656
EUR 0.43350.4215
NZD 0.69610.6631
AUD 0.65080.6258
USD 0.48840.4714

from

$0.00

Exchange Rate updated on 25th, May, 2017

Today's Most Read Stories

  1. No to village bylaw
  2. Dipti's bold decision
  3. Florist turns rags to riches
  4. Civil service pay structure review
  5. Plans to install chief
  6. Sex crimes rise
  7. BRIEFLY
  8. Waveriders hit Biarritz
  9. Plea for assistance
  10. Climate funds

Top Stories this Week

  1. A-G sounds warning Sunday (21 May)
  2. Man wants house back Wednesday (24 May)
  3. Qoro on Pleass board Monday (22 May)
  4. Work cut out Monday (22 May)
  5. 'Past politicians' did not fix roads Saturday (20 May)
  6. Henry's debt to mum Wednesday (24 May)
  7. Ratu Naiqama set to return as MP Friday (19 May)
  8. Toorak youths distraught over lost jerseys Tuesday (23 May)
  9. Mystery chests, villagers warned Wednesday (24 May)
  10. Pillar of strength Wednesday (24 May)