President Jokowi Welcomes US-ASEAN Business Council
As part of their three-day visit to Indonesia, the delegation of 41 US-based companies grouped under the US-ASEAN Business Council on Tuesday (13/3) at the Presidential Palace, Jakarta met with President Joko Jokowi Widodo to discuss several issues, including the companies experience on industries in the US and changes in Indonesia in recent years.
During the meeting, President Jokowi told the delegation that Indonesia is carrying out economic reforms aimed at improving Indonesias Ease of Doing Business (EoDB) ranking.
“Indonesia is carrying out economic reforms. This year will be a good year for the US, ASEAN and Indonesia, the President said, adding that the US investment in Indonesia was quite dominant last year although it is still small compared to that of East Asian countries in the likes of China, Japan, and South Korea.
In the meantime, President of the Council Alexander C. Feldman said that the US-ASEAN Business Council represents the US businesses in the Southeast Asia region and it has office in Jakarta. He also explained that the delegation includes representatives from 41 companies from various sectors, ranging from oil and gas, technology, health, to tourism such as Coca Cola, Expedia, Signa, Apple, and Amazon.
Alex added that the US-ASEAN Business Council would assist the Indonesian Government in increasing Indonesias exports and working together to promote Indonesia as an investment destination for the US.
“We think that it is a challenge as well as an opportunity. Some of the challenges include data localization. So, we are trying to obtain data, terms and regulations, and procedures to project the Indonesian population,” Alex concluded.
Accompanying the President during the meeting were Coordinating Minister for Maritime Affairs Luhut B. Pandjaitan, Cabinet Secretary Pramono Anung, Minister of Trade Enggartiasto Lukita, Minister of Finance Sri Mulyani, and Deputy Foreign Minister A.M. Fachir. (FID/JAY/EN) (MUR/EP/YM/Naster).