Indonesia Partner for Us in Reducing Unemployment: US Official

08 April, 2011 | Source: ANTARA News

Jakarta (ANTARA News) - The United States believes that Indonesia is the right partner in reducing unemployment in both countries due to impressive economic growth rate, an official from the US Department of Commerce International Trade Administration said here Sunday.

"The economic opportunities in Indonesia are very strong because your country has a growth rate which is impressive and also the people who are eager to learn and work hard," Francisco J. Sanchez, the Under Secretary of Commerce for International Trade, said here after opening the education exhibition in Jakarta.

Sanchez said that to support the potentials which were owned by Indonesia, investment of education was the possible way to be applied in the country.

"No country in this world can be successful economically without investing in education. And I am very optimistic because the commitment to education makes your country keep growing with the economy," he said here Sunday.

He mentioned that the type of education which was appropriate to be applied was about entrepreneurship because by creating business, it would help numbers of unemployment decrease.

"I also believe that encouraging people to learn about entrepreneurship can create an environment that attracts business. Learning from my country`s experience, we actively persuade investment form abroad because the foreign investors can create million of jobs in the US," he said.

Furthermore, he also said that the foreign investors in the US were responsible for 20 percent of exports to be gained and thus might be important for Indonesia to create jobs.

"Therefore, I would support Indonesia to continue on this path of making the country an attractive place to do business and I think that will help for the joblessness," he added.

The decline rate of unemployment in the US, which was reported at 8.8 percent in March, generated good economic system for the country as well as Indonesia, which sold a lot of products from the US.

"However, we have to better even we`re not yet satisfied. That is well not only for my country, but also for Indonesia," he said.(*)

KR-FNY/H-NG/A014

Editor: Jafar M Sidik
COPYRIGHT © 2011

 

The population of Komodo dragons in the Komodo National Park has reached 3,012 heads in 2017, according to Sudiyono, head of the park.
Indonesia has formally kicked off negotiations on a comprehensive economic partnership agreement with Turkey in an effort to increase exports.
Indonesia and Afghanistan have committed to boost partnership in improving capacities to maintain peace, while supporting the reconciliation process in the conflict-hit latter country, Foreign Affairs Minister Retno LP Marsudi said here on Tuesday.
The Indonesian government has imposed zero tariffs on the import of several goods from Palestine since early this year to support its economy, Foreign Minister Retno LP Marsudi said.
Indonesia`s Foreign Affairs Minister Retno LP Marsudi stated that economic cooperation should be prioritized in ASEAN and India relationship.
Indonesia`s foreign exchange reserves stood at US$130 billion as of December 31, 2017, up US$4.03 billion from US$125.97 billion a month earlier, according to Bank Indonesia (BI).
Address: 1068 Budapest, Városligeti fasor 26. | MAP |
Phone: (+36-1) 413 3800 Fax: (+36-1) 322 8669
E-mail: embassy@indonesianembassy.hu