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View all search resultsSimply, the EU is one of Indonesia’s top trading partners. The trade value between Indonesia and the EU was US$26.14 billion in 2015, making it the country's fourth-largest trading partner. Meanwhile, the EU is Indonesia’s third largest investor, injecting $2.26 billion in investment in 2015.
The symposium in April 2016 was significant because it represented the first effort from the government to discuss the massacre. However, there was pessimism about the government’s real intention. Coordinating Political, Legal and Security Affairs Minister Luhut Pandjaitan bluntly stated that the government would not apologize for the massacre. Even more disappointing, Luhut questioned the 500,000 figure, and said: “I don’t believe the number was more than 1,000. Probably less.”
Indonesia captured a Chinese fishing vessel for fishing illegally within the Indonesian Exclusive Economic Zone near Natuna Island last week. This incident did not only raise tensions in the area but also lead the Indonesian Foreign Affairs Minister Retno Marsudi to summon the Chinese Ambassador for Indonesia.
Not only forests, Indonesia also has vast amounts of peatlands, which also form the floor of rain forests. There are roughly 22 million hectares of peatlands in 2010, equal to 5% of the global peatland area. Peatlands cover around 3% of the globe, but store one third of the total global soil carbon. It was estimated that in 2010, Indonesian peatland stores 132 gigaton of CO2. In comparison, the world’s largest rain forest, the Amazon, stores 168 gigaton of CO2.
The plan to build a high-speed railway has existed for years. The project was pursued by Japan and China, both having the technological capacity to build a railway that would connect Jakarta and Bandung, West Java, respectively the first and third largest cities in Indonesia
Following the controversy regarding the reclamation of Benoa Bay in Bali, now another reclamation project has become the news headlines. As a huge project off the coast of the capital city, Jakarta’s land reclamation has attracted the spotlight, particularly after the recent case of graft by the CEO of one of the project’s developers, Agung Podomoro Land.