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Indonesia and Peru Agree to Increase Trade and Investment Cooperation

by Redaksi Asiatoday
November 18, 2023
in Business
Reading Time: 2 mins read
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Indonesia and Peru Agree to Increase Trade and Investment Cooperation

The President of the Republic of Indonesia, Joko Widodo held a bilateral meeting with the President of Peru Dina Boluarte at the Moscone Center, San Francisco, United States, on Thursday, November 16 2023. Foto: BPMI President Secretariat

ASIATODAY.ID, SAN FRANCSCO – The President of the Republic of Indonesia, Joko Widodo held a bilateral meeting with the President of Peru Dina Boluarte at the Moscone Center, San Francisco, United States, on Thursday, November 16 2023.

President Jokowi expressed Indonesia’s commitment to support Peru’s chairmanship of APEC 2024.

“It is a pleasure to meet for the first time and congratulations on Peru’s chairmanship of APEC 2024, as well as Peru’s Pro Tempore Presidency in the Pacific Alliance. Indonesia is ready to support Peru’s chairmanship of APEC next year,” he said, quoted from the Cabinet Secretariat broadcast.

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On this occasion, President Jokowi said that the value of trade between Indonesia and Peru in the last five years has shown good progress. Therefore, President Jokowi asked for the support of the President of Peru for the formation of a free trade agreement so that it can be completed immediately.

“I hope that the first negotiations can be completed by the end of 2024 so that they can be announced on the sidelines of the 2024 APEC High Level Meeting in Peru,” he added.

Apart from that, President Jokowi also asked for President Dina Boluarte’s support in the continuation of the Indonesia-Latin America and Caribbean Business Forum (INA-LAC) which will be held in 2024.

President Jokowi also encouraged the development of dialogue and cooperation between mineral producing countries to ensure the availability and added value of minerals and the sustainability of the global supply chain.

“Regarding critical minerals, we need to build dialogue and cooperation with other mineral producing countries to guarantee availability and added value, encourage economic progress, and ensure the sustainability of the global supply chain,” he said.

During the meeting, the President of Peru agreed on the importance of the two countries increasing trade and investment cooperation. President Dina also invited Indonesian investors to invest in Peru. (AT Network)

Check out other news and articles at Google News

Tags: INA-LAC
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