Monday, November 25, 2024

Minister Hartarto and British envoy Graham discusses industry and trade support of Indonesia’s ASEAN chairmanship

Reading Time: 2 minutes
Julian Isaac

Journalist

Mahinda Arkyasa

Editor

Interview

Airlangga Hartarto, Coordinating Minister for the Economy met with Richard Graham, British Prime Minister’s Envoy for Trade for Indonesia, the Philippines, Malaysia and ASEAN as a form of support for Indonesia’s ASEAN Chairmanship in 2023 and discussed a number of issues including downstream industry and palm oil.

“Indonesia appreciates Britain’s support for Indonesia, both on the ASEAN Chair agenda and the bilateral relations between Indonesia and the UK which have been well built and maintained,” said Hartarto, on June 7, 2023.

During the meeting, the UK expressed its support for Indonesia’s Priority Economic Deliverables (PED), such as developing a framework for industrial initiatives in the ASEAN region and preparing a roadmap scheme to support Sustainable Development Goals (SDGs) in the ASEAN Region.

Airlangga and Graham also discussed drafting regulations regarding derivatives of Due Diligence on Forest Risk Commodities.

Airlangga hoped that the UK will not follow the European Union’s issuance of Deforestation-Free Regulations (EUDR) regulations which have the potential to harm small farmers and disrupt Indonesia’s main exports such as palm oil.

“Indonesia is ready to hold further discussions to equalize mutual understanding with the British side in order to find steps and common ground that are fair and non-discriminatory that can be accepted by both parties,” said Hartarto.

In addition, both parties wish to explore the possibility of continuing the Free Trade Agreement (FTA) negotiations through the economic and trade cooperation dialogue platform, the Joint Economic and Trade Committee (JETCO).

“This collaboration will benefit both parties. Indonesia has a large domestic market and the products produced can also be exported, and are complementary,” concluded Hartarto.

Meanwhile, the UK wants to develop Indonesia’s education sector. Hartarto gave the green light for cooperation in the field of education with Brawijaya University and the Singasari Special Economic Zone in Malang with the UK.

Julian Isaac

Journalist

Mahinda Arkyasa

Editor

 

Interview

SUBSCRIBE NOW
We will provide you with an invoice for your reimbursable expenses.

Free

New to Indonesian market? Read our free articles before subscribing to the premium plan. If you already run your business in Indonesia, make sure to subscribe to the premium subscription so you won’t miss any intelligence & business opportunities.

Premium

$550 USD/Year

or

$45 USD/Month

Cancelation: you can cancel your subscription at any time, by sending us an email inquiry@ibp-media.com

Add keywords to your market watch and receive notification:
Schedule a free consultation with us:

We’ll contact you for confirmation.

FURTHER READING

President Prabowo Subianto met with United Kingdom Deputy Prime Minister Angela Rayner in a luncheon on Thursday, November 21, 2024, discussing potential cooperation for the implementation of Indonesia’s free nutritious meals program.
President Prabowo Subianto has secured US$8.5 billion in investment commitment after attending the CEO Rountable Forum held in Lancaster House, London on Thursday, November 21, 2024.
President Prabowo Subianto reiterated the Indonesian government’s commitment to fight hunger and poverty during the recently concluded G20 Leaders’ Summit in Rio de Janeiro, Brazil.
Meutya Hafid, Minister of Communication and Digital, has opened up the potential for cooperation with the Sultanate of Oman to invest in digital infrastructure in Indonesia. To advance digital infrastructure, cybersecurity, and encouraging innovation.
President Prabowo Subianto proceeded with his contemporary diplomacy, holding bilateral meetings with State leaders on the sidelines of their participation in the G20 Leaders Summit in Rio de Janeiro, Brazil.
Indonesia’s President Prabowo Subianto participated in the third session of the G20 Summit in Brazil on November 19, 2024. The session focused on Sustainable Development and Energy Transition, where Prabowo reiterated Indonesia’s commitment to addressing global poverty, hunger, and climate change, while also promoting green energy initiatives.