Indonesian Political, Business & Finance News

Djauhari: Geopolitical pressures underscore importance of Indonesia-China cooperation

| Source: ANTARA_ID Translated from Indonesian | Economy
Djauhari: Geopolitical pressures underscore importance of Indonesia-China cooperation
Image: ANTARA_ID

JAKARTA (ANTARA) - Indonesian Ambassador to the People’s Republic of China Djauhari Oratmangun stated that current global geopolitical pressures underscore the importance of Indonesia-China cooperation within Southeast Asia.

‘There is no alternative but to strengthen cooperation, both in the context of Indonesia-China relations and ASEAN-China relations,’ Djauhari said during his speech at the Indonesia-China Business Forum and the establishment of the Cheung Kong Graduate School of Business (CKGSB) Indonesia Alumni Association in Jakarta on Tuesday.

He noted that the world is witnessing significant transformations in global geopolitical and geo-economic aspects, making it timely for Indonesia and China to further solidify their cooperation to address these conditions.

Bilaterally, China has consistently been one of Indonesia’s largest trading partners and sources of investment, with bilateral trade value approaching $170 billion by 2025 and investment realisation estimated at $7.5 billion.

To ensure the sustainability of cooperation amid economic uncertainties and global security shifts, the Indonesian government guarantees mitigation measures to maintain competitiveness and stable development.

Moreover, Chinese investments have aided industrial transformation, downstreaming, and the development of electric vehicle ecosystems, renewable energy, and infrastructure connectivity in Indonesia, he added.

China’s role in the national economy is increasingly vital as Indonesia prepares to transform into a modern, inclusive, and competitive developed nation under the Golden Indonesia Vision 2045, with 19 years remaining.

The ambassador also highlighted ASEAN’s substantial market potential, with a total population of around 600 million and a regional gross domestic product (GDP) exceeding $3 trillion.

This signifies Southeast Asia’s progress, with Indonesia, as the largest country in the region, being a key driver of this advancement.

‘If we move in harmony and continue cooperating, we can capitalise on the ongoing geo-economic and geopolitical transformations before us,’ Djauhari concluded.

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