11December2017

Home News Vice President JK Encourages Strengthening Trade of ASEAN Countries

Vice President JK Encourages Strengthening Trade of ASEAN Countries

VOI NEWS 10.00 LOCAL TIME, GMT+7, 09-08-2017

Entering 50 years of ASEAN, Indonesia is encouraging other ASEAN member countries to strengthen cooperation in trade and avoid conflict that would harm ASEAN member countries. It was said by Vice President Jusuf Kalla at the Vice President's office in Jakarta on Tuesday (8/8).

“Indonesia is a big country, but in ASEAN the small and big countries have the same rights. We are trying to influence them for the sake of the region. Related to the South China Sea issue, we should not hesitate as well. Surely China will not bring it to conflict because conflict would harm the China’s trade itself, because 60 percent of China’s trade passes over the South China Sea,” said Jusuf Kalla.

In the 50th anniversary of ASEAN, Vice President Jusuf Kalla expressed his hope that the 10 member countries would strengthen cooperation in various sectors, especially economic cooperation amid the weakening of global economy. (rizki/trans: r)

 

Economic growth of 5.01% not bad: Chief economic minister

Coordinating Minister for Economic Affairs Darmin Nasution has stated that considering the current condition, Indonesia’s first-semester economic growth of 5.01 percent is not bad. He said on Tuesday (8/8) that the economic growth of 5.01 percent was achieved even though household consumption, exports and imports slowed down slightly. He remarked that the investment sector has shown positive performance in the second quarter of 2017, contributing to the economy. Hence, he revealed that the government will encourage investments in the remaining two quarters by issuing an economic policy package related to ease of doing business. Darmin Nasution also said that they are preparing a large package of economic policies, which will involve all the ministries, non-ministerial government agencies and regional governments by focusing on expediting the realization of investment proposals. In addition, he mentioned that the government will also increase government spending, which grew negatively in the second quarter, to boost the economy. (antara)

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