Context
US President Barack Obama met with Asian leaders at an East Asia Summit in Bali, Indonesia. Obama was on a regional visit and his efforts have been seen as attempts by Washington to strengthen its political, economic and strategic engagement in the region. The US head of state met with leaders of Philippines, Indonesia and India.
Indian Prime Minister Manmohan Singh and Obama discussed cooperation on maritime security, non proliferation as well as mutual collaboration on disaster relief. Singh also revealed the Indian parliament would soon debate on the liability laws to address the concerns of American nuclear power companies.
The US president announced a deal which involves the sale of over 200 Boeing Company passenger jets to Indonesian domestic carrier, Lion Air which would support 110,000 jobs in the US. Obama also announced that his country would be willing to reach out to Burma which has been under military rule for nearly 50 years.