Govt reinforces economic partnership with S. Korea

Trade Minister Gita Wirjawan says that Indonesia will obtain new and exciting opportunities following its economic partnership with South Korea.

“The CEPA (Comprehensive Economic Partnership Agreement) will offer more investment opportunities and larger market access for Indonesia’s export products,” Gita said Thursday, as quoted by kompas.com.

Speaking at the Public Consultation on the Report of the Joint Study Group for Korea-Indonesia on Thursday, the minister explained that the CEPA had to be matched with the country’s current business and economic dynamics, which aimed to raise economic growth, create employment opportunities and lower the number of people living in poverty.

The public consultation was the first of a chain of dissemination meetings being carried out by the Trade Minister. The meetings will report the results of a Joint Study Group (JSG) initiative and also seek support for the formation of comprehensive partnership cooperation between Indonesia and Korea.

The meeting on Thursday was officially opened by the minister and attended by several senior Indonesian and Korean officials and entrepreneurs, as well as representatives from the media, academics and the House of Representatives. (awd)