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S. Korean, Indonesian leaders agree to boost economic ties

By Myrtle G. Corbo 1 year ago

SEOUL, South Korea (AP) — The presidents of South Korea and Indonesia agreed Thursday to raise their bilateral cooperation on source chains, financial protection and defense.

Indonesian President Joko Widodo arrived in South Korea on Wednesday as part of a regional vacation that by now took him to China and Japan.

During a joint push meeting with Widodo, South Korean President Yoon Suk Yeol claimed the two shared issues about North Korea’s nuclear and missile threats and agreed to assist a concerted worldwide reaction to the North’s weapons programs. He did not elaborate.

Yoon said he and Widodo agreed to operate jointly to take care of world vitality and foodstuff crises and aid an international energy to restore democracy in Myanmar.



Yoon explained they also agreed to improve bilateral cooperation on stabilizing offer chains for essential minerals and to create a strategic partnership on higher-tech industries these types of as a single on electric vehicle batteries.



Widodo, speaking as a result of an interpreter, claimed he and Yoon welcome an raise in bilateral trade. He stated that South Korean investments have developed speedily in Indonesia’s metal, petrochemical, electric car battery, communications and garment industries.

He stated he’s self-assured that bilateral financial partnerships will reinforce even more.

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