Indonesia's Ministry of Investment and Downstreaming plans to establish an European Union (EU) desk to enhance trade cooperation with the bloc, said Minister Rosan Roeslani, who is also head of the Investment Coordinating Board (BKPM).
From 2019 to 2024, EU member states have invested approximately 18.7 billion USD in Indonesia. (Photo: eurocham.id)
Hanoi (VNA) – Indonesia's Ministry of Investment and Downstreaming plan😼s to establish an European Union (EU) desk to enhance trade cooperation with the bloc, said Minister Rosan 🦋Roeslani, who is also head of the Investment Coordinating Board (BKPM).
This decision follows a meeting between the ministry and members of the European Chamber of Commerce (EuroCham) in Jakarta on December 9.
Europe is Indonesia's fifth-largest source of foreign direct investment. The Netherlands, France, and Germany are investors with the highest investment.
Over the past five years from 2019 to 2024, EU member states have invested approximately 18.7 billion USD in Indonesia.
Minister Roeslani emphasised Indonesia's appeal to European investors due to its robust economy, vast market potential, and strategic position as a regional leader. The archipelago nation accounts for 41% of ASEAN's population and 36% of its economy, powered by a growing economy and stable democracy.
EU Ambassador to Indonesia and Brunei, Denis Chaibi, highlighted the bloc's commitment to strengthening trade ties and addressing global challenges in partnership with Indonesia.
He also reaffirmed the EU's support for the Golden Indonesia 2024 vision through initiatives such as the Global Gateway and the Just Energy Transition Partnership.
Through these efforts, the EU aims to foster transformative investments, driving a greener and more inclusive future for Indonesia./.
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Pichai said the trade talks with the US are important and need to move forward professionally, without regard for any political changes in Thailand, believing that Thailand has clear principles, guidelines and procedures in place.
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Two naval gunboats intercepted a fishing vessel carrying 1.5 tonnes of methamphetamine hydrochloride off the coast of the main island of Luzon just before dawn, in a joint operation with the Philippine Drug Enforcement Agency.
In the today context of socio-economic development and growth, the professionalism of Vietnam’s revolutionary journalists continues to rise, guided by exemplary mastery of new information technologies and the modernisation of their founding principles to preserve the enduring values of revolutionary journalism.
Thai Permanent Secretary of the Ministry of Commerce Vuttikrai Leewiraphan Thailand's formal proposal will be substantial enough for the US to consider further detailed negotiations. He hoped for a tariff rate not exceeding 10% and suggested that the US might extend the negotiation period if an agreement is not reached by the July 8 deadline.
Organised by the Ministry of Culture and the Association of Thai Silk & Culture Promotions, the event honors Her Majesty the Queen on her 47th birthday anniversary and promotes Thai craftsmanship on an international stage.
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The forum featured two in-depth discussion sessions, engaging representatives from governments, think tanks, and businesses from both ASEAN and China, on how to forge closer ties for a common future.
The new FIFA Hub in Jakarta will not only support football development in Indonesia but also serve as a coordination centre for 21 football associations across Southeast and East Asia.
Minister Counselor Nguyen Hoang Nguyen reaffirmed Vietnam’s principled and consistent stance on the Palestine issue, calling for an immediate and lasting ceasefire across the entire Gaza Strip.
PM Anwar Ibrahim affirmed the determination of Malaysia, as ASEAN Chair for 2025, to utilise all viable regional mechanisms of the bloc and work with partners to de-escalate violence and restore a peace process led by Myanmar.
