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Jakarta Post

Indonesia to boost economic ties with Uruguay, Romania

Liza Yosephine (The Jakarta Post)
Jakarta
Thu, October 6, 2016

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Indonesia to boost economic ties with Uruguay, Romania Closer ties – Foreign Minister Retno Marsudi (right), accompanied by her deputy AM Fachir, attends a hearing at the House of Representatives in Senayan, Central Jakarta, on Aug. 31. Retno is scheduled to meet next week with her counterparts from Uruguay and Romania to expand economic ties. (Antara/Sigid Kurniawan)

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ndonesia is set to boost economic ties with Uruguay and Romania during a visit of the two countries’ foreign ministers, Rodolfo Nin Novoa and Lazăr Comănescu, to Jakarta next week, an official has confirmed. 

Foreign Minister Retno LP Marsudi is scheduled to meet with her counterparts to discuss expanding economic cooperation in the areas of trade, investment and tourism, ministry spokesperson Arrmanatha Nasir said on Thursday. 

The two ministers were also scheduled to visit the upcoming Indonesian trade expo, which will open on Oct. 12, along with a group of businessmen from their countries, he added. 

On Uruguay, Arrmanatha noted that Nin Novoa's visit on Oct. 10 to 12 would mark the first visit of a foreign minister from Uruguay to Indonesia since the establishment of diplomatic relations between the two countries over 50 years ago. 

"This is one of Indonesia's main strategies of diplomacy to expand its non-traditional market, especially to the South American region," Arrmanatha said in regards to the bilateral meeting, which will be held on Oct. 11. Two memorandums of understanding (MoU) were also expected to be signed during the meeting, he added.

On Romania, Arrmanatha said Indonesia was in talks to become the entry point for the eastern European country to the ASEAN market following the establishment of the ASEAN Economic Community (AEC). He said Indonesia was Romania's second biggest trade partner in the Southeast Asian region. 

Retno is scheduled to meet with her Romanian counterpart on Oct. 12 to discuss increasing Indonesia's exports of crude palm oil (CPO), rubber and coffee. Trade between the two countries reached US$117 million in 2015. (ebf)

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