Thursday, October 10, 2024

Jokowi and Bongbong Marcos discuss border cooperation, trade enhancement

Reading Time: 2 minutes
Julian Isaac

Journalist

Editor

Interview

President Joko “Jokowi” Widodo held a bilateral meeting with Filipino President Ferdinand Marcos Jr, commonly known as Bongbong Marcos, at Malacañang Palace in Manila on January 10, 2024.

During the meeting, Jokowi said, three crucial topics were the main focus of discussion between he and Marcos Jr. The two leaders agreed to strengthen border cooperation while pushing for the accelerated revision of the border crossing agreement and border patrol agreement along the Indonesia-Philippines border.

They include agreements between the two nations regarding the legal basis for cross-border activities in the border region and the settlement of the continental shelf boundary as well as the strengthening of defense cooperation, including defense equipment.

Jokowi and Marcos Jr. concurred on boosting trade between the two countries and continuing their commitment to open market access.

“Indonesia seeks the support of the Philippines regarding a special ship guard measure for Indonesian coffee products,” stated Jokowi.

Jokowi also commended the Philippine government for entrusting Indonesian State-Owned Enterprises (BUMN) with the construction of the North-South Commuter Railway Project (NSCR).

In this project, two contracts were won by a joint venture of two Indonesian BUMNs, namely PT Adhi Karya and PT Pembangunan Perumahan (PP).

The first project, CP S-01, involves the construction of a 1.2 km viaduct extension in Blumentrit worth IDR 3.2 trillion (US$ 206 million). The second project, CP S-03C, entails the construction of a 5.8 km viaduct with a value of nearly IDR 9 trillion.

Both contracts are part of the development of the 147 km NSCR stretching from Clark, Pampanga, to Calamba, Laguna, crossing the National Capital Region (NCR) and Metro Manila.

Moreover, Jokowi and Bongbong Marcos agreed to strengthen the centrality of ASEAN, emphasizing that it should not be merely a slogan.

“ASEAN must adhere to the principles of international law and maintain positive force to preserve peace, stability, and prosperity,” said Jokowi.

Julian Isaac

Journalist

 

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

The Indonesia-Europe Business Forum (IEBF) 2024, held on Monday, October 7, 2024, produced seven memorandums of understanding (MoUs)/Letter of Intent (LoIs) on cooperation between Indonesian and European companies with a total transaction value of US$11.07 billion (Rp174 billion).
Indonesian Minister of Communication and Informatics, Budi Arie Setiadi, met with the United States Ambassador to Indonesia, Kamala Shirin Lakhdhir, at the ministry’s office in Jakarta on Thursday, September 26, 2024, discussing enhanced cooperation in the technology sector between both nations.
Minister of Defense Prabowo Subianto met with Vietnam President To Lam in Hanoi on Friday, September 13, 2024, discussing efforts to strengthen bilateral relations in defense and security sector, information sharing and coordination in preventing transnational crime as well as collaboration to prevent illegal, unregulated and unreported fishing.
A foreign policy analyst has predicted that Indonesia, under the presidency of Prabowo Subianto, will continue to have strong economic ties with the new emerging power China, but keep strong defense relationship with the United States and European nations.
Defense Minister and President-elect, Prabowo Subianto, met with Malaysian Prime Minister Anwar Ibrahim in Malaysia on Saturday, September 7, 2024, discussing efforts to maintain and enhance bilateral cooperation between Indonesia and Malaysia, particularly in defense sector.
Defense Minister and President-elect Prabowo Subianto was in Bandar Seri Begawan on Thursday, September 5, 2024, for a meeting with Sultan Hassanal Bolkiah discussing efforts to to strengthen bilateral relations and defense cooperation between Indonesia and Bfrunei Darussalam.