Turkey-Indonesia strengthens diplomatic ties by boosting trade volume
By: Lucas Bakker
Tags: Indonesiia, Turkey, Economy

Turkey and Indonesia had agreed to growth their bilateral exchange extent to $10 billion (TL seventy six billion) from the present day $1.five billion and to enhance investments in each nations, Turkish Foreign Minister Mevlüt Çavuşoğlu stated Tuesday.

The minister changed into talking at a press convention along Indonesian counterpart Retno Marsudi in Jakarta.

Çavuşoğlu and Marsudi additionally inked a memorandum of understanding (MoU) on diplomatic cooperation, in addition to diplomat exchanges and training.

He cited that 2020 changed into the seventieth yr of the status quo of diplomatic ties among Ankara and Jakarta and the monetary ties maintain to bolster, including that Turkish President Recep Tayyip Erdoğan’s Indonesia go to because of take vicinity subsequent yr could provoke a High-Level Strategic Cooperation Council among the 2 international locations.

The council could gift a floor for businesspeople from each international locations to find out commercial enterprise possibilities and fields of cooperation.

Sharing that the council summit changed into deliberate for 2020 however changed into canceled because of the COVID-19 pandemic, Çavuşoğlu expressed that he hopes that the summit becomes an crucial possibility for the 2 international locations to bolster partnerships in some of sectors.T

The minister highlighted that the development and infrastructure sectors in Turkey mainly have the fine offerings to provide and that the neighborhood companies are very interested by the infrastructure tasks to transport Indonesia’s present day capital to the Kalimantan area that’s most of the Southeast Asian united states’s agenda.

Turkish production agencies additionally helped circulate Kazakhstan’s capital from Almaty to Astana.

Indonesian President Joko Widodo introduced remaining yr a $33 billion megaproject to transport the nation’s capital from Jakarta to the province of East Kalimantan. The circulate isn’t handiest because of the united states’s look for a brand new metropolis to update the congested capital however additionally due to the fact its present day capital keeps to sink extra each yr, accelerating the united states’s race towards growing sea levels.

Construction and infrastructure efforts are set to start for the brand new capital in 2021.

Çavuşoğlu delivered that he and Marsudi additionally mentioned the Public-Private Partnership (PPP) version, mainly withinside the production sector.D

Highlighting the truth that Turkey is turning into a international version in phrases of PPP, Çavuşoğlu stated the united states is prepared to percentage its revel in with Indonesia.

“We have accomplished such a lot of primary tasks in Turkey via the PPP version, and Turkish production agencies are 2nd withinside the international after Chinese companies,” he stated.

Stating that the protection enterprise is one of the sectors that may be bolstered among the 2 international locations, Çavuşoğlu stated: “Turkey gives 3 blessings which can be quality, aggressive costs and the shortage of political obstacles.”

For her part, Marsudi stated that the 2 aspects agreed to maintain negotiations for a unfastened exchange agreement (FTA) in 2021, as legal through the leaders of each international locations.

“The Turkey-Indonesia Comprehensive Economic Partnership Agreement (IT-CEPA) has the ability to growth bilateral exchange among the 2 international locations,” she stated.

Welcoming Turkish investors’ growing hobby in Indonesia, Marsudi stated: “I instructed Minister Çavuşoğlu approximately the employment regulation that changed into currently accepted in Indonesia and encourages overseas investment. I accept as true with this may offer a extra favorable surroundings for Turkish investments here.”

On nearby and international issues, Marsudi stated that they mentioned the significance of strengthening multilateralism withinside the combat towards the coronavirus pandemic.

Emphasizing that peace and balance withinside the Middle East could be crucial for a international recuperation withinside the post-pandemic period, she stated Indonesia and Turkey agreed to bolster the Organization of Islamic Cooperation (OIC) to enhance the welfare of Muslims.

Çavuşoğlu additionally stated that the 2 international locations have to paintings collectively to guide the Muslim network towards anti-Muslim discrimination.

“We have to guide the (Muslim) network through operating collectively with Indonesia and combat towards these,” the minister stated.2

Çavuşoğlu highlighted the improved threats of Islamophobia and discrimination towards the Muslim international and stated the 2 international locations have to additionally stand collectively towards tries to damage their values.

“As crucial Muslim international locations we should defend the mutual pursuits and pursuits of our international locations and the (Muslim) network,” he stated.