Jokowi secures US$20.5 billion in deals from EU visit

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The Jakarta Post
HOME AEC AEC NEWS SUN, 24 APR, 2016 12:23 PM

Flanked by Cabinet members, President Joko holds a press conference on Saturday at Halim Perdanakusuma Airport, after returning from a five-day EU visit. /Courtesy of State Secretariat

JAKARTA – President Joko “Jokowi” Widodo has arrived back in Jakarta after a five-day working visit to Germany, Britain, Belgium and the Netherlands.

Jokowi and his entourage arrived at Halim Perdanakusuma Airport at 4:45 p.m. after traveling for nearly 17 hours from Schiphol International Airport in the Netherlands, including a transit stop in Abu Dhabi.

At the airport, Jokowi was welcomed by Vice President Jusuf Kalla, Coordinating Maritime Affairs Minister Rizal Ramli, State Secretary Pratikno, Presidential chief of staff Teten Masduki, Indonesian Military chief Gen. Gatot Nurmantyo, National Police chief Gen. Badrodin Haiti and Jakarta Governor Basuki “Ahok” Purnama Tjahaja.

During a press conference, Jokowi cited two things gained from the working visit. First, he mentioned strengthening economic ties with the countries he visited.

“The total business-to-business deals I signed were worth US$20.5 billion,” Jokowi said in a statement on Saturday night.

He also highlighted commitments to focus on a particular sector in each country he visited. In Germany, he signed a commitment to training and vocational education to enhance Indonesian workers’ skills in a competitive market. To follow up on the commitment, a German delegation will visit Indonesia in May.

In the UK, cooperation will focus on the creative economy and creative industries, which will be followed up by the Creative Economy Agency ( Bekraf ).

While in Belgium, Indonesia, and the EU held a discussion on scoping papers for a comprehensive economic partnership agreement ( CEPA ), which had been halted for years. The scoping papers will form the basis of negotiations on the CEPA.

“We very much appreciate the acceleration of the scoping paper discussion and hope to continue the negotiations immediately,” he added.

In the Netherlands, cooperation will focus on enhancing maritime cooperation and water management. Jokowi said the Dutch prime minister would visit Indonesia in November with a business delegation.

Further, he said, the four countries appreciated Indonesia’s role in promoting peace through a moderate interpretation of Islam, democracy, and tolerance.

“Today, the Indonesian Islamic values of peace, democracy, moderation and tolerance are in the eyes of the world,” Jokowi said.

$606m deals with the Netherlands alone

Indonesia and the Netherlands signed business agreements worth US$606 million during his visit to the country.

The business agreements cover the construction of a solar panel plant in Surabaya, East Java; potato industry development, the Pancasila Palmerah Bridge and turbine power development in East Nusa Tenggara; and human resources capacity building in the maritime sector.

Speaking at a business forum in The Hague on Friday, Jokowi assured businesspeople that Indonesia’s economy had shown resilience and even surprising growth, reaching 5.04 percent in the fourth quarter of 2015 despite global economic challenges.

Indonesia’s economic stability was being driven by widespread infrastructure development and investment as its two engines of economic growth, the President said.

As China’s economy experiences a period of transition, he continued, many companies would look to relocate their factories from China to Southeast Asia. “And of course Indonesia will also see advantages, especially as Indonesia is the largest economy in Southeast Asia,” he added.

The President invited Dutch businesspeople to invest in Indonesia, adding that his government was continuously implementing deregulations to shorten licensing and to ease doing business in the country.

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