Indonesia hosts workshop on Asia’s economic-trade policies
Priorities in Asia’s trade and economic policies in 2020 were the focus of a workshop which was held late October in Jakarta, Indonesia, attracting the participation of Indonesian and foreign economists and scholars, besides Indonesian policy makers and foreign diplomats.
Speakers at the recent workshop on Asia's trade and economic priorities in Jakarta, Indonesia (Photo: VNA)Jakarta (VNA) – Priorities in Asia’s trade and economic policies in 2020 were the focus of a workshop which was held late October in Jakarta, Indonesia, attracting the participation of Indonesian and foreign economists and scholars, besides Indonesian policy makers and foreign diplomats.
Jointly organized by the Indonesian Bureau of Economic Research and the Asian Bureau of Economic Research, the event aimed to collect opinions concerning economic and trade policies in Asia, towards addressing difficulties and challenges facing the Asian economy in the context of the US-China trade war, which affects supply chains as well as damages transnational trade and finance flows.
It included three sessions, during which participants pointed out risks facing the Asian economy, assessed the efficiency of global and Asian trading systems, thus proposing correcting solutions to make all operations run better.
A session focused on issued related to infrastructure development, investment and digital economy.
Speaking at the event, Perry Warjyo, Governor of Indonesia’s central bank said Indonesia and other Asian countries are facing at least three major issues, which are a slowdown of the global economy, the effectiveness of monetary policies depending on interest rates and digitization, and economic and financial transformation.
Experts at the event agreed that Asian governments and central banks often rely on monetary and fiscal policies to deal with external risks that they face.
Indonesia and other Asian economies must improve their global safety network so they can provide enough liquidity during a crisis, they noted./.
You should also see
World economy’s recovery drives Vietnam’s exports
With the recovery of the world market and increasing orders, Vietnam's import and export activities in the first quarter of 2024 prospered and achieved positive results.
See more
World
Indonesia’s coffee exports surpass imports
Indonesia’s coffee exports have surpassed imports for 47 consecutive months since May 2020, the Central Statistics Agency (BPS) has reported.
World
Thailand expects wave of tourists during Golden Week
The Tourism Authority of Thailand (TAT) estimates that about 996,000 foreign tourists will visit the Southeast Asian country between April 26 and May 5, known as the Golden Week holidays in Japan, during which Chinese tourists also prefer to travel overseas.
World
Argentinian media praises Dien Bien Phu Victory
Argentinian newspapers have called Vietnam's Dien Bien Phu Victory (May 7, 1954) a symbol of the national liberation movement of oppressed and colonialised peoples worldwide.
World
Laos speeds up granting licences to foreign workers
Laos's Ministry of Labour and Social Welfare plans to issue visas to illegal foreign workers and extend permits to legal ones so that they can continue to work in the country.
World
Argentinian scholar praises Vietnam’s April 30, 1975 victory
The complete reunification of Vietnam on April 30, 1975 was an extremely significant event in the history of the country and the world, opined a scholar from the Institute for International Relations at the National University of La Plata, Argentina.
