Jakarta, Sept. 19 -- Indonesian Finance Minister Sri Mulyani Indrawati and US Secretary of Treasury Steven T. Mnuchin, on Friday, inked a framework of cooperation to bolster infrastructure financing and market development.

The US Embassy in Jakarta announced on Saturday that they signed the framework of cooperation through long distance.

Initiative for the cooperation was formulated to realize common goals between the US and Indonesia to support infrastructure development through private sector market-oriented investment.

Under the framework of cooperation, the US and Indonesia will deal with regulation and legality barriers to private sector investment focusing on financial instrument development, project financing, local bond market,...