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Indonesia, Netherlands agree to boost cooperation in various economic sectors
Memorandum of understanding (MOU) documents on economic cooperation were signed in Jakarta on Tuesday during a business forum held as part of a four-day state visit by Dutch King Willem-Alexander and high-ranking Dutch officials.
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President Joko Widodo (right) accompanied by First Lady Iriana (second left) and Dutch King Willem-Alexander (second right) accompanied by Queen Maxima plant trees during a state visit to Bogor Palace in West Java on Tuesday. (Antara/Sigid Kurniawan)
I
ndonesia and the Netherlands have signed business deals worth €1.5 billion ($US 1.7 billion) as the countries pledge to boost their bilateral economic relations.
Indonesian Trade Minister Agus Suparmanto expressed hope the business deals, which cover agriculture, life science and health, water management, maritime affairs and energy, among other sectors, could come to fruition within the next six to nine months.
Memorandum of understanding (MOU) documents on economic cooperation were signed in Jakarta on Tuesday during a business forum held as part of a four-day state visit by Dutch King Willem-Alexander and high-ranking Dutch officials.
"With such deals, our trade transactions will increase, our exports will continue and investments will come [to Indonesia]. These [partnerships] are really beneficial," Agus said.
In his opening speech, he also boasted that "Indonesia is the perfect partner for trade and investment projects."
The Dutch king, Foreign Trade and Development Cooperation Minister Sigrid Agnes Maria Kaag, Infrastructure and Water Management Minister Cornelia "Cora" van Nieuwenhuizen-Wijbenga, State Minister Sybilla Maria Dekker and Vice Agriculture, Nature and Food Quality Minister Jan Kees Goet were among the Dutch officials who witnessed the signing.
One agreement includes a joint venture between Pertamina and Dutch solar energy company HyET group to establish a factory for flexible solar cells in Indonesia worth about €250 million.
