RoK, Indonesia boost bilateral cooperation
Leaders of the Republic of Korea (RoK) and Indonesia on November 25 discussed ways to strengthen their cooperation in various areas, including infrastructure projects and the economy.
Hanoi (VNA) – Leaders of the Republic of Korea (RoK) and Indonesia
on November 25 discussed ways to strengthen their cooperation in various areas,
including infrastructure projects and the economy.
During the meeting in Busan on the sidelines of a special summit between the Association of Southeast Asian Nations (ASEAN) and the RoK, RoK President Moon Jae-in and his Indonesian counterpart Joko Widodo discussed ways to expand the scope of cooperation in various areas. In particular, they shared their understanding of the expansion of Korean firms taking part in Indonesia's infrastructure projects.
The RoK President called for Widodo's attention and support to help Korean automakers operate their businesses stably in the Indonesian market.
President Widodo, for his part, hoped that more Korean firms could participate in various infrastructure projects as his country is active in attracting investment on the basis of solid economic growth.
On the same day, the RoK’s Ministry of Trade, Industry and Energy said the country concluded a free trade deal with Indonesia, called the Comprehensive Economic Partnership Agreement (CEPA), a move aimed at expanding its trade portfolio in the Southeast Asian market.
The two countries will officially sign the deal in the first half of 2020 and implement it after securing approval from their respective parliaments, the ministry said.
The two resumed their FTA negotiations this year after a hiatus of five years. The talks began in 2012./.
During the meeting in Busan on the sidelines of a special summit between the Association of Southeast Asian Nations (ASEAN) and the RoK, RoK President Moon Jae-in and his Indonesian counterpart Joko Widodo discussed ways to expand the scope of cooperation in various areas. In particular, they shared their understanding of the expansion of Korean firms taking part in Indonesia's infrastructure projects.
The RoK President called for Widodo's attention and support to help Korean automakers operate their businesses stably in the Indonesian market.
President Widodo, for his part, hoped that more Korean firms could participate in various infrastructure projects as his country is active in attracting investment on the basis of solid economic growth.
On the same day, the RoK’s Ministry of Trade, Industry and Energy said the country concluded a free trade deal with Indonesia, called the Comprehensive Economic Partnership Agreement (CEPA), a move aimed at expanding its trade portfolio in the Southeast Asian market.
The two countries will officially sign the deal in the first half of 2020 and implement it after securing approval from their respective parliaments, the ministry said.
The two resumed their FTA negotiations this year after a hiatus of five years. The talks began in 2012./.
You should also see
PM visits police command centre, checks cultural centre construction in Phu Tho
Prime Minister Pham Minh Chinh visited the command and control centre of the Phu Tho police and examined the construction of this northern province’s house of culture and arts on April 18.
See more
World
El Nino thins the only glacier in Indonesia: BMKG
Global warming has played a key role in gradually thinning the glaciers atop Puncak Jaya, Papua, Indonesia, some of the few remaining tropical glaciers in the world, according to Indonesian Agency for Meteorology, Climatology, and Geophysics (BMKG).
World
Thailand welcomes over 10 mln foreign arrivals so far this year
More than 10 million foreign tourists have visited Thailand so far this year, bringing in more than 500 billion THB (13.5 billion USD), the country’s Tourism and Sports Ministry has reported.
World
Thailand's Maha Songkran World Water Festival welcomes over 784,000 festival-goers
The Tourism Authority of Thailand (TAT) claims that the “Maha Songkran World Water Festival 2024”, held at Sanam Luang and Ratchadamnoen Avenue from April 11-15 is a great success with more than 784,000 participants.
World
Indonesia enhances vigilance against money laundering
Indonesian President Joko Widodo on April 17 called on the Financial Transaction Reports and Analysis Center (PPATK) and related ministries to remain alert to new methods of money laundering, including those involving the cryptocurrency market.
World
Cambodia sees record number of tourists during traditional New Year holiday
Cambodia recorded almost 22 million domestic and international visitors travelling to different tourist destinations nationwide during the four-day traditional New Year holiday, from April 13 to 16.
