- Indonesia seeks stronger trade ties with Japan to tackle restrictions.
- JAPINDA pledges continued cooperation in multiple key sectors.
- Indonesia emphasizes transparency, market diversification, and resilience.
Dyah Roro Esti, Deputy Minister of Trade of Indonesia, expressed the need for stronger engagement with relevant businesses in Japan to mitigate current restrictions affecting the global trade ecosystem.
Following a meeting with the Japan Indonesia Association (JAPINDA) representatives in Tokyo, Japan, on Monday, she stated Indonesia's "strong commitment to a rules-based global trade system".
In an official statement received in Jakarta on Tuesday, Esti noted that the country would always advocate for constructive engagement with relevant parties to ascertain solutions to trade challenges.
"At the national level, we are striving to enhance transparency, ensure regulatory certainty, drive market diversification, and strengthen domestic market resilience. Hence, we would like to invite Japanese business actors to cooperate in navigating this challenging time," she remarked.
The deputy minister said that President Prabowo Subianto is leading the Indonesian government to ensure that Indonesia's trade policies are unambiguous and emphasize multilateralism, diversification of markets, and the deepening of foreign exchange reserves, as outlined in the eight main missions dubbed the Asta Cita.
The deputy minister also praised JAPINDA and said that they have added value by boosting the inflow of capital into Indonesia.
Also Read: Egypt, Singapore Discuss Ways to Boost Economic and Trade Ties
"We invite JAPINDA to continue maintaining sectoral cooperation in economic development, with a special focus on automotive, energy, agriculture, health, education, and infrastructure," she stated.
JAPINDA's Senior Executive Director, Norio Yamazaki, reported that his organization will continue to strengthen Indonesia-Japan relations through active cooperation such as seminars, a monthly publication about Indonesia, providing courses in the Indonesian language, and reciprocal visits.
"These activities are expected to help strengthen ties between Indonesia and Japan across various vital sectors in addition to the economy. This way, we can expect to see significant benefits for both nations," he remarked.