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Wednesday, 24 July 2019 16:18

President Jokowi, Sheikh Mohamed plant resin tree at Bogor Palace

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President Joko Widodo and Abu Dhabi Crown Prince Sheikh Mohamed Bin Zayed Al Nahyan plant a resin tree (Agathis dammara (Lamb.) Rich) in the Bogor Presidential Palace yard, Wednesday (24/7/2019) President Joko Widodo and Abu Dhabi Crown Prince Sheikh Mohamed Bin Zayed Al Nahyan plant a resin tree (Agathis dammara (Lamb.) Rich) in the Bogor Presidential Palace yard, Wednesday (24/7/2019) antara

President Joko Widodo (Jokowi) and Abu Dhabi Crown Prince Sheikh Mohamed Bin Zayed Al Nahyan planted a resin tree (Agathis dammara (Lamb.) Rich) in the yard of the Bogor Presidential Palace, Wednesday.

The duo shoveled down soil after planting a meter-long resin tree and watered the spot while engaged in conversation.

The tree planting was conducted as part of the series of activities during His Royal Highness' visit to Indonesia.

President Jokowi welcomed Sheikh Nahyan upon his arrival at Jakarta's Soekarno Hatta International Airport. The latter arrived aboard a Boeing 777 jet at around 8:51 a.m. local time.

Jokowi was accompanied by Energy and Mineral Resources Minister Ignasius Jonan.

Discussions are scheduled for several cooperation schemes, as Minister Jonan affirmed that three partnership pacts will be signed during His Royal Highness' visit comprising the Refinery Development Master Plan (RDMP) in Balikpapan, East Kalimantan, one of Pertamina's six megaprojects; cooperation for expansion of the petrochemical industry with PT Chandra Asri Petrochemical; and partnership with PT Pelabuhan Indonesia Maspion in Surabaya, East Java.

The total investment from all three partnerships amounts to US$9 billion.

The Trade Ministry's data indicated a deficit in Indonesia's trade balance with the United Arab Emirates (UAE) since 2017.

Up until the first semester of 2019, the deficit was clocked at $287 million, owing to the fact that the UAE's imports to Indonesia had reached $882.5 million, while Indonesia's exports were recorded at a mere $594.4 million.  

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