JakartaGlobe-June 6
Australia’s Prime Minister Anthony Albanese and President Joko “Jokowi” Widodo on Monday discussed strengthening economic ties, among others, during the Australian leader’s inaugural bilateral visit to Indonesia since taking office two weeks ago. “On bilateral issues, our meeting put high emphasis on economic ties. I conveyed the importance of expanding export access for Indonesian high-value products, such as automotive, to the Australian market,” Jokowi told a joint press conference at Bogor Palace on Monday. Jokowi then talked about the maiden export of completely built-up cars to Australia earlier this year. The president was referring to the export of Toyota Fortuner cars produced by Toyota Motor Manufacturing Indonesia — the local unit of the Japanese auto behemoth. “I hope the access for export of this kind will remain open,” Jokowi said. According to Jokowi, the Indonesia-Australia Comprehensive Economic Partnership Agreement (IA-CEPA) —coupled with the comprehensive strategic status— has provided a strong foundation to bilateral relations. Indonesia is on track to be one of the world’s five largest economies, according to Albanese. “Revitalizing our trade and economy partnership is a priority for my government. It is why we plan to work with Indonesia to realize the potential of IA-CEPA,” Australia’s new prime minister said. To this end, Albanese promised regular meetings between the respective economic ministers. He added, “we will continue to ensure the backing of businesses on both sides. My government will work with Australian Super Funds, among our largest investors, to explore investment opportunities here in Indonesia.” Read more at: https://jakartaglobe.id/news/indonesia-australia-pedal-towards-stronger-bilateral-ties
