#International
Sweden, Indonesia sign 10 points of cooperation
Sweden and Indonesia have agreed on 10 points of cooperation during Sweden-Indonesia Sustainable Partnership (SISP) 2022.
Sweden, Indonesia sign renewable cooperation agenda 2030
Sweden and Indonesia have committed to establish an agreement for Sustainable Development Goals and established the Agenda 2030 through the Sweden-Indonesia Sustainability Partnership 2022 (SISP). Both countries' representatives signed the partnership in Jakarta on December 5, 2022.
Jokowi insists to promote downstream nickel industries despite loss at WTO
President Joko "Jokowi" Widodo reiterated that Indonesia would continue to develop the nickel downstream industry program despite losing the lawsuit by the European Union at the World Trade Organization over the nickel ore export ban. In response to the WTO ruling in favor of the EU, Jokowi instructed his ministers to appeal the decision. He argued that the decision did not have an absolute and binding power, and an appeal is still possible.
China controls Indonesia's nickel industry
China has dominated Indonesia's nickel industry, according to a lawmaker and an observer. A member of the House of Representatives' Commission VII overseeing energy and mineral resources and industry, Zulfikar Hamonangan, probed Minister of Energy and Mineral Resource Arifin Tasrif in a hearing that 90% of nickel mines in Indonesia was under China's control.
Government relies on abundant natural resources to face 2023 global economic crisis
The government would rely on its abundant natural resources - especially coal and nickel - in facing the 2023 possible economic crisis despite the country's massive debts, a source within the government said. According to Bank Indonesia (BI), Indonesia's external debt was recorded at US$ 394.6 billion at the end of the third quarter of 2022.
Indonesia to appeal after losing at WTO in nickel downstream policy dispute
The Indonesian government will file an appeal against the World Trade Organization (WTO)'s ruling, stating that the country lost in a lawsuit against its ban on nickel ore export submitted by the European Union.
German businesses see diversification is key, not decoupling from China
German businesses attending the 17th Asia-Pacific Conference of German Business (APK) in Singapore on November 13-14, 2022, have seen that decoupling from China is not the right way to deal with the country’s dependency to one particular country.
Leaders agree on G20 Bali Leaders' Declaration
President Joko "Jokowi" Widodo announced that the G20 leaders have ratified the G20 Bali Leaders Declaration during the November 15-16, 2022, Summit in Nusa Dua, Bali, agreeing on 52 paragraphs. He highlighted one paragraph, which needed a prolonged and heated discussion on the Russia-Ukraine war.
Food crisis, pandemic and geopolitical tension are the G20 Summit focus
Leaders of the world's 20 strongest economies (G20) have expressed their concerns of the impact of the Russia vs Ukraine war, food security, energy crisis and finance to the developing nations.
Defense industry develops well as showcased in Indo Defense Expo & Forum
The domestic defense industry has continued to develop as the government provides ample space for the private sector to help build Indonesia's defense industry, President Joko "Jokowi" Widodo said.
Counting the days for minerals ore export total ban
The government has planned to issue a roadmap and a regulation to fully ban the export of several minerals ores like coppers, tins and bauxite next month. Minister of Investment/Head of Investment Coordinating Board (BKPM) Bahlil Lahadalia said the government was discussing the regulation on the downstream industry system and the economic tree of the downstream industry of minerals.
Developed countries called on to support sustainable infrastructure
Indonesian Finance Minister Sri Mulyani Indrawati has urged developed countries to rally support for sustainable infrastructure during the “Infrastructure Development Through Innovation and Collaborative Financing: Toward Greater Inclusivity and Productivity” event in Washington DC.