President Joko Widodo (Jokowi) has sought a full implementation of trade cooperation under the Indonesia-Korea Comprehensive Economic Partnership Agreement (IK-CEPA), including support for 18 projects proposed by Indonesia. Jokowi made the statement during a bilateral meeting with South Korean President Yoon Suk Yeol at Grand Prince Hotel in Hiroshima, Japan. Jokowi has also sought Yoon's support for the realization of commitments made by several South Korean companies to invest in Indonesia, including Lotte Chemical and CJ Group to establish a chemical plant in Banten and a bioproduct factory in East Java; LS Cable and TSE's commitment on the distribution of new and renewable energy; as well as the realization of investment on electric vehicle ecosystem.
Full Article: Antara News.
May 21, 2023
