JAKARTA - President Prabowo Subianto said Indonesia had appointed BPI Danantara to carry out cross-border electricity trade cooperation with Singapore. Energy issues are one of the important parts of the meeting between the two countries at the Merdeka Palace.
The statement was made by Prabowo during a joint statement with Singaporean Prime Minister Lawrence Wong at Istana Merdeka, Jakarta, Monday, July 6.
"Indonesia has appointed BPI Danantara for the implementation of cross-border electricity trade cooperation," said Prabowo.
Prabowo did not specify the electricity trading scheme. However, he said that energy cooperation was part of the concrete achievements of the Indonesia-Singapore Leaders Retreat.
During the meeting, Indonesia and Singapore produced 26 real achievements. The details, 18 government-to-government cooperation agreements and eight business-to-business agreements.
"This achievement reflects the increasingly broad and deep cooperation between us," said Prabowo.
Cross-border electricity trade is an interesting issue because Indonesia has great energy potential, while Singapore needs a stable energy supply to support its industries and economic activities. For Indonesia, this cooperation opens up space for energy resources not only to stop as potential, but to enter into more measurable economic cooperation.
Prabowo also said that discussions on energy were carried out simultaneously with other sectors. He mentioned the digital economy, digital ecosystem, cyber security, food, supply chain, as well as defense and security.
"In the fields of energy, digital economy, digital ecosystem, cyber security, we have had discussions and made quite concrete achievements," said Prabowo.
According to Prabowo, economic cooperation remains the main pillar of Indonesia-Singapore relations. He said that increased cooperation was visible in almost all fields, including trade and connectivity.
"Our economic cooperation remains the main pillar of our relationship," said Prabowo.
He also emphasized that the relationship between the two countries was built on the basis of trust. This trust, said Prabowo, not only applies between governments, but also between people.
Prabowo said connectivity, tourism, education, and youth cooperation were important to maintain Indonesia-Singapore relations in the long term.
Next year, Indonesia and Singapore will celebrate 60 years of diplomatic relations. Prabowo said the relationship between the two countries must continue to be maintained so that it continues to benefit the region.
"We also see that this relationship must last in the future," said Prabowo.
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