Jokowi Strengthen Economic Ties with Hong Kong
BERLIN, GERMANY - APRIL 18: Indonesian President Joko Widodo arrives at the Chancellery to meet with German Chancellor Angela Merkel on April 18, 2016 in Berlin, Germany. President Joko Widodo is visting Germany, Indonesia's biggest European trading partner, on his first stop of a tour of European capitals. (Photo by Sean Gallup/Getty Images)

jokowi-1024x720.jpg
President Joko Widodo, also known as Jokowi, has planned to strengthen bilateral cooperation between Indonesia and Hong Kong during a working visit to Hong Kong scheduled on April 30, 2017, after attending the ASEAN Summit in the Philippines on April 28 and 29, 2017.

“We want to encourage Hong Kong business owners to invest in Indonesia, particularly in the field of infrastructure and creative industry,” Foreign Ministry spokesperson Arrmanatha Christiawan Nasir said during a press conference in Jakarta on Tuesday, April 25, 2017.

As one of the largest economy in the region, Indonesia aims to strengthen economic ties with Hong Kong. Delegations of both countries will sign two memorandums of understanding on business collaborations and partnerships in the culture sector.

Indonesia will also push an agenda to expedite negotiations related to the ASEAN-Hong Kong Free Trade Agreement, which is expected to increase the intensity of trades between ASEAN and Hong Kong.

In 2016, the realization of Hong Kong’s investment in Indonesia reached USD 2.25 billion, significantly increasing from those realized in previous years that stood at around USD 691 million. The trade value between the two countries climbed to USD 3.9 billion in 2016 from USD 3.8 billion in 2015.

President Jokowi will also discuss protections for Indonesian citizens in Hong Kong.

“The President also pays attention to protections for our migrant workers. There are 172,000 Indonesian migrant workers in Hong Kong,” Armanatha revealed.


About Retail News Asia

Retail News Asia is committed to providing local and global retailers with the latest news from the Asian retail market on a daily basis.

We have resources for everyone from independently owned business owners to online-only retailers and major chains expanding their reach throughout the Asian market. Retail News is “the news source” with over 50 weekly posts and 13,6 million readers.


CONTACT US

CALL US ANYTIME

Most read



Retail updates

Stay up to date of the lates updates and retail news from Asia.








X