Tuesday, 20 March 2018 08:20

Indonesia and NZ to Increase Trade and Investment

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Indonesian President Joko Widodo (Jokowi) and New Zealand`s Prime Minister Jacinda Ardem discussed economic cooperation improvement in a meeting at the Parliament Building in Wellington on Monday. According to a press release from the deputy for protocol, press and media of the Presidential Secretariat, Bey Machmudin, improving economic cooperation was important for the two countries. As open economies, Indonesia and New Zealand signaled trade and investment relations could be built to produce mutually beneficial relations.

"Trade relations are not zero-sum game. therefore let us try to settle the Regional Comprehensive Economic Partnership (RCEP)," President Joko Widodo said.

With regard to bilateral trade the two countries have set a target of reaching four billion New Zealand dollars by 2024 and so the two countries need to work hard to achieve it. President Joko Widodo in particular praised the New Zealand market that has accepted prime commodities of Indonesia such as coffee, mangosteen and zallaca. Indonesia hopes more commodities such as manggo, banana and pine apple would also be accepted.

President Joko Widodo called for attention to export of animal feed from waste of palm oil that has now been environmentally questioned. He also emphasized the importance of continuing efforts in managing oil palm plantation sustainably in Indonesia, adding that the country also has an interest to assure it is being done.

`Oil palm plantations involve 17 million people or three times the population of New Zealand. Half of the plantations belong to smallholders. Sustainability must be assured in line with the issue of small farmers` right to prosperity," he said.

With regard to tourism President Joko Widodi has urged for increasing air connectivity between the two countries.

"I wish to encourage increased air connectivity to boost tourist arrivals by increasing flight frequency between Auckland and Bali this year from three to five times," he said.

On geothermal energy development President Joko Widodo wished cooperation could be increased to investment cooperation. President Joko Widodo raised the same issue when he met with the governor and opposition party chief Simon Bridges.

"I hope geothermal cooperation could be improved to an investment cooperation and not only training," he said.

Prime Minister Arden conveyed New Zealand`s commitment to extend NZD4.5 million for three years to the Indonesia Red Cross for the disaster response cooperation and NZD3.5 million for the development of leadership for youths in Indonesia especially those in the eastern region.

President Joko Widodo hailed the signing of a memorandum of understanding between Kalbe Farma and two New Zealand companies.

The MOU covers cooperation with Fonters in the development of nutrition product quality and cooperation in raw materials supply guarantee for nutritional products with Westland Milk Products.

At the start if the meeting Prime Minister Arden expressed appreciation to Indonesia for the partnership that has been built so far bilaterally and in the context of ASEAN. President Joko Widodo was in New Zealand for a state visit done in concurrence with the 60th anniversary of diplomatic relations between the two countries. The visit was also made to return the visit of the New Zealand prime minister to Indonesia before.

"For the past 13 years no Indonesian president has visited New Zealand and it is time now for Indonesian president to visit to return the visit made the New Zealand prime minister before," he said.

Besides discussing economy the two leaders also discussed regional and international issues such as the development of the Korean Peninsula issue and situation in South China Sea and Rakhine State.

President Joko Widodo met with opposition leader Simon Brudges after meeting with Prime minister Arden.

Before leaving the Parliament Building President Joko Widodo greeted Indonesian citizens who had been waiting to see him outside the building and had his picture taken with them. 

At the Indonesia-New Zealand Business Forum in Auckland on March 16-18 the Indonesian business delegation promoted coffee, palm oil, renewable energy and employment service to buyers. A total of USD 9.7 million was collected from sales of Indonesian products at the event, of which USD6 million from coffee products. President Joko Widodo personally promoted Indonesian coffee before the New Zealand governor general, prime minister and cabinet ministers during lunch at Government House. (antara ) 

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