Obama seeks greater US role, clout in East Asia

By

Published:

 

BALI, Indonesia (AP) -- President Barack Obama has presided over the announced sale of Boeing 737s to Lion Air, a private carrier in Indonesia. It is Boeing's largest commercial airplane order.

Lion Air ordered 230 airplanes at a list price of $21.7 billion.

Obama highlighted the deal as he wound up an Asia-Pacific tour. He called the agreement a remarkable example of the trade and investment opportunities that exists in the Asia-Pacific market. He said the deal could mean more than 100,000 jobs.

The president said the Export-Import Bank of the United states played a critical role in the sale and is an example of how to achieve his long term goal of doubling U.S. exports.