VOI - Voice of Indonesia | RRI - Radio Republik Indonesia

VOInews, Jakarta: President Joko Widodo stressed the importance of realizing equal economic relations between Indonesia - Germany and also Indonesia and the European Union (EU), in a bilateral meeting with German Chancellor Olaf Scholz at Guesthouse Lower Saxony, Hannover, Germany.

Minister of Foreign Affairs Retno Marsudi who also accompanied the President said, to achieve this, President Joko Widodo invited Germany to work together to fix various EU regulations that hindered the realization of this equality.

"Mr. President also asked for Germany's support so that negotiations on the Indonesia-EU CEPA Agreement can be completed immediately," Retno said in a press conference, Sunday (16/4), in Germany.

Meanwhile in the investment sector, Foreign Minister Retno explained, President Joko Widodo welcomed the establishment of the Indonesia-Germany Economic and Investment Joint Committee. In addition, the President believes that German investment in Indonesia needs to be focused on priority sectors.

"German investment in Indonesia needs to be focused on priority sectors such as export-oriented industries, renewable energy, and downstream," said Retno.

In the energy sector, President Joko Widodo emphasized the importance of investment and technology transfer from Germany to support Indonesia's energy transition. According to the Foreign Minister, the Head of State emphasized the importance of German investment and technology experts to support Indonesia's energy transition.

"The discussion also discussed the implementation of The Just Energy Transition Partnership," she continued.

Furthermore, the Foreign Minister also said that there were a number of results in the President's visit this time, namely in relation to relations between the government (G to G) and relations between businesses (B to B).

"For G to G, two agreements have been signed between the Indonesian government and the German government, namely the first Joint Declaration of Intent on Join Economic and Investment Committee regarding the establishment of a joint government and private sector forum to discuss increasing economic and investment cooperation," she said.

Then, the Foreign Minister said that another result of the President's visit this time was the Joint Declaration of Intent in The Feed of Digitalization between the Ministry of Communication and Informatics and the German Ministry of Digital and Transformation to support the development of digital transformation.

Meanwhile, in business-to-business cooperation, the Foreign Minister said that 18 agreements had been formed with a value of approximately IDR 27.9 trillion.

"That is in the sustainability and energy transition sectors, investment, start-up innovation, and making Indonesia 4.0," she concluded. (VOI/Andy)