Yudhoyono calls for bringing order to Indonesia-China trade

26 March, 2012 | Source: ANTARA News

Beijing (ANTARA News) - Indonesian President Susilo Bambang Yudhoyono has called on the trade ministry and other government agencies to bring order to trade between Indonesia and China.

Referring to those responsible for under-reporting trade volumes, the President said, "If they made violations, just fire them. No need to counsel them," he noted on the sidelines of his state visit to China here on Saturday.

He made the statement after finding a disparity in data on trade between Indonesia and China.

Indonesia has recorded trade between the two countries reaching US$50 billion while China reported US$60 billion.

Yudhoyono said the difference could possibly occur due to some goods being exported through unofficial means. "A lot of Indonesian goods were exported through a neighboring country. That is a form of treason," he said.

President Yudhoyono called on trade minister Gita Wirjawan to investigate the case and take action against anyone involved in it.

He said trade was one of the main pillars in Indonesia`s cooperation with China.

The two countries agreed to increase their trade to US$80 billion by 2015.

Besides trade, the two countries also agreed to strengthen cooperation in the fields of industry, human resource development and energy.

 

President Joko Widodo (Jokowi) said Indonesia already enters years of low inflation, with inflation around 3 percent in the past two years.
President of the World Bank group, Jim Yong Kim, here on Tuesday expressed his support to the Indonesian governments plan on the tax reform program, which aimed to increase the state budgets income.
President Joko Widodo (Jokowi) plans to visit Turkey to develop partnership in strategic industry and economy with the country, Foreign minister Retno Marsudi said here on Monday at the state palace after a meeting prior to the presidents visit to Turkey and Germany.
Indonesian Foreign Minister Retno Marsudi and her Maldivian counterpart Mohamed Asim will hold a bilateral meeting in Jakarta on Wednesday (June 21) to discuss the cooperation in tourism sector.
The United Nations Food and Agriculture Organization (FAO) has praised Indonesia for its role in fighting illegal, unreported, unregulated (IUU) fishing, the Indonesian Embassy in Rome said.
Indonesias real GDP growth is projected to increase from 5.2 percent this year to 5.3 percent in 2018, according to the World Banks June 2017 Indonesia Economic Quarterly.
Address: 1068 Budapest, Városligeti fasor 26. | MAP |
Phone: (+36-1) 413 3800 Fax: (+36-1) 322 8669
E-mail: embassy@indonesianembassy.hu