JAKARTA - Minister of Industry (Menperin) Agus Gumiwang Kartasasmita and his staff met with Saudi Arabian Minister of Industry and Minerals Bandar bin Ibrahim Alkhorayef at the Kemenperin office, Jakarta, today.
In this meeting, Agus said, one of the things discussed was how the two countries would mitigate the policies of the United States (US) Government, especially regarding the reciprocal tariff policy.
"This morning we received the Minister of Industry and Minerals of Saudi Arabia and in our opinion the visit from the Saudi Arabian Minister was very, very well-timed, which Indonesia and I am sure all countries in the world, including Saudi Arabia, consider that this global uncertainty must be our concern," Agus told reporters at his office, Wednesday, April 16.
"Including how we can observe and find the right policy in mitigating any policies that might be issued by America, in this case Trump," he continued.
The imposition of reciprocal tariffs by US President Donald Trump is believed to cause global uncertainty.
Therefore, Agus said, both countries agreed to strengthen cooperation.
"And therefore, to face this global uncertainty, we agree that one way to mitigate it is to strengthen cooperation between the two countries," he said.
According to Agus, both countries have economic strength. The reason is, both are included in the list of G20 members.
Thus, both have the opportunity to complement each other, especially in the industrial sector.
"Looking at the economic strength of the two countries which are both members of the G20 and also the investment from Saudi to Indonesia is also relatively very low.
So, the room to grow is still very wide and we also agree that Saudi and Indonesia are two countries that will complement each other," he said.
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The meeting between Minister of Industry Agus and Saudi Arabia took place at 10:19 a.m. Western Indonesian Time (WIB).
In this meeting, Minister of Industry Agus was accompanied by echelon I officials, while from Saudi Arabia there were Minister of Industry and Mineral Resources Bandar bin Ibrahim Alkhorayef; Saudi Ambassador in Jakarta Faisal Amodi; CEO of Saudi EXIM Bank Saad Al-Khalb; and CEO of the National Industrial Development Center Saleh Al-Salami.
Then there are Vice President of Local Content and Government Procurement Authority Mohammed Al-Qahtani; Undersecretary for Mining Resources Management Abdul Rahman Al Balushi; Assistant Deputy Minister for Strategic Transformation Turki Al-Qahtani; and General Manager of Organizations and International Abdul Rahman Al Mugairin.
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