India, Indonesia sign 18 pacts

• India and Indonesia on Tuesday signed 18 agreements worth $15.1 billion in sectors such as mining, infrastructure and manufacturing.
• GVK Power and Infrastructure signed two MoUs with the Indonesian government to develop green field international airports in Bali and Java. Both countries have also set a target for bilateral trade to touch $25 billion in the next five years.
• Bilateral trade between India and Indonasia tripled in the last five years from $4 billion in 2005 and is expected to reach $12 billion in 2010. Next target is to double this in the next five years to $25 billion