President Jokowi, Prime Minister Turnbull meet in Vietnam

13 November, 2017 | Source: Antara News

Indonesian President Joko Widodo (Jokowi) held a bilateral meeting with Australian Prime Minister Malcolm Turnbull on the sidelines of APEC Summit held, here, Saturday.

They among other things discussed about Indonesia-Australia Comprehensive Economic Partnership Agreement (CEPA).

During the bilateral meeting, President Jokowi was accompanied by Trade Minister Enggartiasto Lukito, Vice Foreign Minister Abdurrahman Fachir, Industry Minister Airlangga Hartanto, Chief of the Investment Coordinating Board (BKPM) Thomas Lembong, and Cabinet Secretary Pramono Anung.

Jokowi is in Vietnam to attend the 25th Summit of Asia Pacific Economic Cooperation (APEC) held on Nov 10-11, 2017.

On Friday, Jokowi was present in the APEC Business Advisory Council (ABAC).

Focusing on the overarching theme of "Creating New Dynamism, Fostering a Shared Future," the APEC Summit discusses the future of free trade, new drivers for economic growth, and the role of APEC in tackling common challenges in the region.

These are issues of high importance, given the current state of global trade and growth and the planned Trans-Pacific Partnership free trade agreement that seems increasingly unlikely to move forward as planned.

APEC 2017 is also expected to help accelerate the implementation of the Bogor Goals of free and open trade and investment by 2020.

The APEC Summit is participated in by leaders of the APEC members. They include US President Donald Trump, Chinese President China Xi Jinping, Canadian Prime Minister Justin Trudeau, Filipino President Rodrigo Duterte, Japanese Prime Minister Shinzo Abe, New Zealand Prime Minister Jacinda Ardern, and Mexico President Enrique Pe?a Nieto.

The 21 APEC member entities are Australia, Brunei Darussalam, Canada, Chile, China, Hong Kong, Indonesia, Japan, South Korea, Malaysia, Mexico, New Zealand, Papua New Guinea (PNG), Peru, the Philippines, Russia, Singapore, Taipei, Thailand, the US, and Vietnam.

They constitute 39 percent of the world`s population, contribute 57 percent of the global GDP, and 49 percent of the global trade.

 

Indonesian oil and gas company Pertamina and Omani company Overseas Oil & Gas (OOG) here on Monday expressed commitment to developing the Grass Root Refinery (GRR) project or constructing a new refinery in Bontang, East Kalimantan.
Member countries of the Association of Southeast Asian Nations (ASEAN) are expected to open their markets for startup companies from the region, especially unicorn startups, to boost development of the regional digital economy.
Indonesia, through the Ministry of Trade, is seeking to expand markets for its crude palm oil (CPO) products and derivatives to new export destinations in the Middle East, South Asia, and other regions.
North Maluku Cultural Heritage Preservation Agency (BPCB) explored the legacy of prehistoric rock art in the form of hand-drawn paintings and other motifs on walls of caves on Kisar Island, Southwest Maluku District, Maluku Province.
Executive Director of the BI Communication Department Agusman said that Indonesia`s national economy posted solid growth in the third quarter of 2018, namely 5.17 percent (yoy), on the back of domestic demand.
President Joko Widodo (Jokowi) talked about the role of small and medium enterprises (SMEs) to promote inclusivity and reduce inequality in the globalization era, during the working lunch of the APEC Summit in Port Moresby, Papua New Guinea, on Sunday.
Address: 1068 Budapest, Városligeti fasor 26. | MAP |
Phone: (+36-1) 413 3800 Fax: (+36-1) 322 8669
E-mail: embassy@indonesianembassy.hu