Indonesian Foreign Minister Retno LP Marsudi has said that her country wants to enhance cooperation with the Republic of Korea in many areas, from national defence to economy, including the development of the new capital city Nusantara.
Korean President Yoon Suk-yeol (Photo: Yonhap/VNA)
Jakarta (VNA) – Indonesian ForeignMinister Retno LP Marsudi has said that her country wants to enhance cooperationwith the Republic of Korea in many areas, from national defence to economy,including the development of the new capital city Nusantara.
Last weekend, Retno co-chaired the fourth Indonesia-RoK Joint Commission Meeting withher counterpart Park Jin in Seoul to discuss measures to promote bilateralrelations.
Retno told the press that the meetingheld special significance as it took place on the occasion of the 50thanniversary of bilateral diplomatic ties, as well as during Indonesia's tenureas Chair of ASEAN and the MIKTA (Mexico, Indonesia, RoK, Turkey,and Australia) group.
Retno also called on the two countries tooptimise the Defence Industry Cooperation Committee (DICC) and the SeniorDefence and Diplomatic Officials’ Meeting (SOM 2 2) to discuss strategic issuessuch as cyber security, peacekeeping operations, maritime security, andcounterterrorism. The two countries also need to continue fully tapping theIndonesia-Korea Comprehensive Economic Partnership Agreement (IK-CEPA) astwo-way trade has reached a record high of 24.53 billion USD, up 33% comparedto 2021.
On the occasion, Retno encouraged the Koreanprivate sector to increase investment in Indonesia's strategic industries suchas steel, petrochemicals, electric vehicle batteries, renewable energy, and thedevelopment of the new Nusantara capital. She also urged strengtheningpeople-to-people exchange between the two countries, with a target of welcoming300,000 Korean tourists.
🧔 Meeting Minister Retno, Korean President YoonSuk-yeol expressed support for Indonesia's role as Chair of the ASEANand MIKTA, as well as the combination of ASEAN Outlook on the Indo-Pacific and theRoK's Indo-Pacific Strategy. He also announced a plan to attend the ASEAN Summitin Indonesia in September./.
The Indonesian government has received a grant of 5.5 million USD from the Republic of Korea (RoK) to increase the capacity of small and medium-sized enterprises (SMEs).
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Featuring a permanent exhibition area, the ASEAN Hall will function both as a cultural showcase and as a dynamic venue for ASEAN-related events and programmes. Its inauguration on ASEAN Day added symbolic weight, marking a fresh milestone in ASEAN–RoK relations.
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Finance Minister Pichai Chunhavajira has outlined a six-point strategy to promote innovation, support small and medium-sized enterprises (SMEs), and push for Thailand's removal from the US Trade Representative (USTR)’s special 301 Watch List regarding intellectual property rights protection among trading partners.
Vietnamese Ambassador to Israel Ly Duc Trung emphasised ASEAN’s central role in regional mechanisms such as the ASEAN Regional Forum (ARF) and the East Asia Summit (EAS), highlighting its significant contribution to promoting peace, stability, and prosperity in Southeast Asia.
The consumer index of the University of the Thai Chamber of Commerce (UTCC), fell to 51.7 in July from 52.7 in the previous month. The sluggish economy and the trade war, as well as high living costs, continue to undermine confidence, the university said.
Deputy Speaker of the Hungarian National Assembly Istvan Jakab expressed his hope for further deepening Hungary’s ties with ASEAN countries and called for their support for Hungary’s accession to the Treaty of Amity and Cooperation in Southeast Asia.
The 30-storey tower crumbled seconds after a 7.7-magnitude earthquake hit neighbouring Myanmar on March 28. The partially built high-rise, meant to house the State Audit Office (SAO), was the only building in Thailand to collapse, killing 89 people on the site, mostly construction workers.
Indonesia’s waste generation is projected to exceed 50 million tonnes in 2025. Of the total, more than 20 million tonnes could potentially enter the ocean through rivers, coastal areas, small islands, ports, and marine activities, and thereby, pose a risk to coastal ecosystems and marine biota.
Korean President Yoon Suk-yeol (Photo: Yonhap/VNA) 
