Jakarta: President Joko “Jokowi” Widodo met with the Prime Minister of Papua New Guinea, James Marape, at Bogor Palace in West Java on Thursday. KADIN). “Carrying out a trade and investment mission to PNG (Papua New Guinea) in the near future,” the president said.
The mission was entrusted following the launch of a feasibility study for the establishment of a preferential trade agreement between Indonesia and Papua New Guinea. According to Jokowi, the bilateral investment agreement is highly necessary “to facilitate and provide security for investors from both countries”. In front of James, the Head of State also declared his readiness to reopen the Indonesia-Papua New Guinea border which had been closed due to the Covid-19 pandemic in order to restore cross-border trade and revive the economy. people living in border areas.
The reopening of the border was initiated amid growing economic activity between the two countries, even during the lingering pandemic. Indonesia, he added, welcomed the increase in trade between the two countries in 2021, which increased by 87% compared to the previous year. That figure, Jokowi said, was also higher than the pre-pandemic trade value. “It presents hope and optimism for post-pandemic economic recovery and I think there are still many opportunities that can be improved,” he said. * Follow us on instagram and join our Telegram and or WhatsApp channel(s) for the latest news you don’t want to miss.
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