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Wednesday, 26 January 2022 00:00

Ambassador Gandi Sulistiyanto invites business people of South Korea to boost trade

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Indonesian Ambassador to South Korea, Gandi Sulistiyanto invited businesspeople of South Korea and Indonesia to cooperate to boost the trade volume of both countries in many sectors. The Indonesian Embassy in Seoul in its written statement on  Friday (21/1)  stated that Ambassador Gandi Sulistiyanto at a business forum organized by the Korea-Indonesia Management Association (KIMA) explained that in the era of President Joko Widodo's government, the economic diplomacy is carried out as a stimulus for development.

The reinforcement of economic cooperation of both countries was marked by the signing of the Indonesia-Korea Comprehensive Economic Partnership Agreement (IK-CEPA) at the end of 2020. Moreover, the construction of an electric car by the Hyundai Motor Manufacturing Indonesia (HHMI) factory is also a real manifestation of Indonesia and South Korea's commitment to move forward the economy and the welfare of the people of both countries. Hyundai Motor Manufacturing Indonesia, which is intended to be a hub for electric car production, plans to produce electric cars in Southeast Asia with a total 250,000 units per year.

Furthermore, Ambassador Gandi noted that his assignment as the Indonesian Ambassador to Seoul coincided with the Indonesian Presidency at the G20. Bringing the theme "Recover Together, Recover Stronger", Indonesia invites the 19 largest economies in the world, including South Korea to focus on three main agendas, namely restructuring global health architecture, digital-based transformation and energy transition.

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