President Jokowi Meets PM Abe, Talks about Economic Cooperation
Date 15 November 2018
President Joko Jokowi Widodo and Prime Minister of Japan Shinzo Abe discussed Indonesia-Japan economic cooperation in a bilateral meeting on the sidelines of the ASEAN Summit at Suntec Convention Center, Singapore, Thursday (11/15).
Indonesia and Japan have cooperated in various infrastructure projects for many years. Jakarta Mass Rapid Transit (MRT) namely Moda Raya Terpadu is one of the cooperation projects carried out by the two countries.
MRT Phase I will be completed in March 2019 and the groundbreaking of MRT Phase II will also be conducted in the same year, the President said.
In addition to that, President Jokowi expressed his concern about Japans policy on palm oil certification. Indonesia has implemented the ISPO (Indonesian Sustainable Palm Oil) certification and expected that this certification could be well received by the Japanese Government.
Furthermore, President Jokowi also expressed hope that Japan could provide flexibility in negotiations on a comprehensive review of the Indonesia-Japan Economic Partnership Agreement (IJEPA) and the Regional Comprehensive Economic Partnership Agreement (RCEP) so that the negotiations could be concluded immediately.
In the meantime, Indonesia sees a number of potential cooperation that can be established with the Japanese Government. Among these are investment and development of electric cars and lithium batteries, development of tourism industry in the 10 New Bali areas and maritime cooperation.
I would like to invite His Majesty to together materialize these cooperations by using the momentum and enthusiasm of 60 years of Indonesia-Japan bilateral relations, President Jokowi concluded. (BPMI / EN)
Translated by: Estu Widyamurti
Edited by: Mia Medyana