Indonesia-Japan Agree to Increase Cooperation in Investment Sector

By : Herry Barus And Aldo Bella Putra | Monday, June 25 2018 - 18:30 IWST

Menlu Retno Marsudi (Foto Istimewa)
Menlu Retno Marsudi (Foto Istimewa)

INDUSTRY.co.id - Jakarta - Indonesian Foreign Minister Retno Marsudi met with Japanese Foreign Minister Taro Kono and the two Foreign Ministers agreed on the importance of enhancing cooperation in investment between Indonesia and Japan.

Both Foreign Ministers attended the 6th Indonesian-Japanese Strategic Dialogue at the Indonesian Ministry of Foreign Affairs in Jakarta on Monday (6/25/2018)

Japan is the second largest investor in Indonesia with an investment value of 5 billion US dollars (US) in 2017.

Foreign Minister Retno and Foreign Minister Kono agreed to explore the possibility of making Indonesia a production base for Japanese manufacturing products aimed at third markets, including markets in ASEAN countries.

In addition, the two Foreign Ministers also agreed on the importance of encouraging the completion of the overall Comprehensive Indonesia Economic Partnership Agreement (GR-IJEPA) Agreement.

Judging from the value of trade, trade between the two countries in 2017 increased by 13.54 percent from 2016, reaching 33.03 billion US dollars.

On the occasion, the Minister of Foreign Affairs and Foreign Minister of Japan witnessed the signing of the Exchange Notes on Marine and Fisheries Centers and Fish Market to improve cooperation in fisheries development in six outer islands of Indonesia, in Biak, Moa, Morotai, Natuna, Sabang and Saumlaki.

News Comment

Today's Industry

Minister of Finance Sri Mulyani Indrawati (Photo by PR of Cabinet Secretariat)

Senin, 21 Juni 2021 - 22:37 WIB

Finance Minister Pushes for Speeding Up Regional Fund Usage

Realization of funds transferred to the regions for COVID-19 management needs to be accelerated, Minister of Finance Sri Mulyani Indrawati has said.

vaccine arrives at Soekarno Hatta International Airport in Tangerang, Banten

Senin, 21 Juni 2021 - 21:40 WIB

10 Million Sinovac COVID-19 Vaccine Bulks Arrive in Indonesia

As many as 10 million Sinovac-manufactured COVID-19 vaccines in the form of raw material or bulk Sunday (20/06) arrived at Soekarno-Hatta airport in Tangerang city, Banten province.

President Jokowi inspects mass COVIID-19 vaccination at Bogor Railway Station, Thursday, (17/06). Photo by: BPMI of Presidential Secretariat.

Senin, 21 Juni 2021 - 20:30 WIB

Minister Orders KAI to Provide COVID-19 Random Tests at Commuter Line Stations

Minister of Transportation Budi Karya Sumadi has ordered state railway company PT KAI to provide COVID-19 random tests for passengers of Greater Jakarta commuter line (KRL Jabodetabek).

Vice President Ma’ruf Amin. (Photo by: Vice President’s Secretariat)

Senin, 21 Juni 2021 - 19:23 WIB

VP Ma’ruf Amin: 40% of Gov’t Goods, Services to be Procured from Local MSMEs

The Government continues to promote the use of domestic products through allocation of Micro, Small, and Medium-sized Enterprises (MSMEs) products of at least 40 percent for the Government’s…

Vice President Ma’ruf Amin during Closing of National Conference on Public Security and Defense System, at Sentul, West Java province, Friday (18/6). (Photo: Vice President Secretariat)

Minggu, 20 Juni 2021 - 19:24 WIB

VP Calls for Increased Role of Security, Defense System Amid Global Challenges

The role of security and defense system should be strengthened to protect the entire nation, state and all citizens in facing the increasing global challenges, Vice President Ma’ruf Amin has…