ndonesia and Thailand are set to hold the 9th Joint Commission Meeting (JCM) in Yogyakarta next week, where both countries are expected to highlight ways to increase trade and economic cooperation.
Foreign Minister Retno LP Marsudi and her Thai counterpart, Don Pramudwinai, would attend the event next Thursday and Friday, said Foreign Ministry spokesman Arrmanatha Nasir.
“The JCM will highlight ways to increase trade cooperation, and several other issues regarding security and politics,” he said at a press briefing in Central Jakarta on Thursday.
Arrmanatha added that the two ministers would also talk about cooperation on mining, energy, agriculture and education.
Last year, the trade value of Indonesia and Thailand stood at US$15.74 billion with Indonesia mainly exporting iron ore, coal, vehicle spare parts and seafood. Indonesia’s main import from Thailand is automotive products, as the latter is the base of Japanese automotive production in Southeast Asia.
“Thailand’s investments in Indonesia amounted to $220 million last year,” Arrmanatha said. (sca/ebf)
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