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Tuesday, 26 June 2018 16:16

Japan Wants to Increase Investment in Indonesia

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Indonesian Foreign Affairs Minister, Retno Marsudi, after bilateral meeting with Japanese Foreign Affairs Minister, Taro Kono Monday 25.06.2018 Indonesian Foreign Affairs Minister, Retno Marsudi, after bilateral meeting with Japanese Foreign Affairs Minister, Taro Kono Monday 25.06.2018 VOI-REZHA

Japan as one of Indonesian strategic partners has made effort to increase its investment value in Indonesia. Indonesian Foreign Affairs Minister, Retno Marsudi, after bilateral meeting with Japanese Foreign Affairs Minister, Taro Kono, in Jakarta on Monday (25/6) said one of the efforts, is to make Indonesia as production basisor a place for Japanese manufacturing products which are addressed to the third market including ASEAN member countries.

“On investment, Japan investment in Indonesia reached US Dollar 5 billion in 2017, also the second biggest investor in Indonesia in 2017. Our discussion today, therefore stressed on how to further strengthen this positive momentum, working toward making Indonesia as the production base for Japanese manufacturing products for the third market, including ASEAN,” said Taro Kono.

Minister Retno Marsudi further said that to implement the desire, negotiation of the Indonesia-Japan Economic Partnership Agreement must be resolved immediately for mutual benefit cooperation for the two countries will run on timewhere the two countries celebrate the 60th Indonesia-Japan  diplomatic relations. Japan is the second biggest investor in Indonesia with its investment worth billion US dollars in 2017. The total value of trade between the two countries rose 13.54 percent compared to 2016. (VOI/Rezha/trs.Yati/NT)

   

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