Indonesia-China Signed Another Bilateral Agreement

Summary

Indonesia and China signed bilateral agreements in the economy, maritime, and trade sectors after the end of the G20 Summit in Bali on Wednesday. Chinese President Xi Jinping stated that he would be ready to talk more about expanding the agreements with President Joko "Jokowi" Widodo in the future. "As well as designing a blueprint for the development of brothers in arms, China - Indonesia," he said. Xi hopes China and Indonesia can join forces in realizing each other's 100-year development goals. "Together, we promote humanity's mission for peace and development," Xi Jinping said.

Jokowi also congratulated Xi, who was recently re-elected as the General Secretary of the Chinese Communist Party. "It's my pleasure to be able to welcome Big Brother in Bali after our meeting in Beijing," Jokowi said. At the meeting, both countries agreed to the following:

  • promote the Global Maritime Axis framework and the Belt and Road Initiative.
  • establish conservation, research, and innovation centers for Indonesian-Chinese medicinal plants.
  • develop the vocational-based industrial sector.
  • improve digital economy cooperation.
  • expand bilateral economic and trade collaborations.

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