Deputy Minister Of Trade: Indonesia-Brazil Prioritizes Digital Economy Cooperation

JAKARTA - Indonesia wants to deepen cooperation with Brazil in priority fields together. What is to be pursued is the digital economy.

This was revealed by Deputy Minister of Trade (Wamendag) Jerry Sambuaga after accompanying Coordinating Minister for Economic Affairs Airlangga Hartarto to meet Brazilian Foreign Minister Mauro Vieira on the sidelines of the Ministerial Meeting of Organization for Economic Co-operation and Development (OECD) in Paris, France.

"Southeast Asia, including Indonesia, has an agenda going forward to grow the digital economy. This sector can double its value to 2 trillion US dollars by 2030," said Jerry quoting Antara.

Jerry said that this value offers significant opportunities for collaboration and growth. Indonesia and Brazil can increase activities in digital technology and innovation cooperation.

As Chair of ASEAN 2023, Indonesia has also secured an agreement to develop the ASEAN Digital Economy Framework Agreement (DEFA) to advance digitalization and interoperability.

Indonesia not only has economic interests, but is also committed to maintaining trade and multilateral investment based on rules, fair competition, and an inclusive and resilient global partnership.

Jerry believes that strong relations with Brazil are the key to building good relations between Indonesia and Brazil, especially economic cooperation.

"Indonesia expresses its desire to work together in strengthening the global architecture that serves developing countries well. We explain that Indonesia is the country with the largest economy in the Southeast Asia region that is dynamic with a strong track record of economic performance despite facing global challenges," said Jerry.

Jerry also said that Indonesia also expressed encouragement over the Brazilian G20 Presidency this year.

Foreign Minister Mauroi Viera expressed support for Indonesia's access to the Organization for Economic Co-operation and Development (OECD).