President Yoon To Jokowi: Pay Attention To South Korean Entrepreneurs Investing In Indonesia

South Korean President Yoon Suk-yeol (Photo via Twitter Setkab)

JAKARTA - South Korean President Yoon Suk-yeol asked President Joko Widodo (Jokowi) to pay special attention to businessmen from the Ginseng Country who invest in Indonesia.

This was conveyed by President Yoon to President Jokowi when the two had a high-level meeting at the Yongsan Presidential Office, Seoul, South Korea, Thursday, July 28 afternoon.

"At the high-level meeting, I also conveyed to President Joko Widodo that he would be pleased to always give attention and support to Korean rulers who invest in Indonesia," said President Yoon Suk-yeol in a joint press statement broadcast on the official YouTube channel of the Indonesian Presidential Secretariat.

Prior to the high-level meeting, President Jokowi had also met a number of CEOs of South Korean companies at the Lotte Hotel, Seoul.

President Jokowi guarantees to resolve investment obstacles quickly if they find obstacles on the ground in investing in Indonesia.

Jokowi advised, if South Korean companies encounter obstacles in the field, do not hesitate to convey it to the Minister of Investment/Head of BKPM Bahlil Lahadalia and the Coordinating Minister for Maritime Affairs and Investment Luhut Binsar Pandjaitan. Coincidentally, both of them also attended the meeting.

Meanwhile, in a joint press statement, President Yoon also conveyed the agreement reached with President Jokowi that Indonesia and South Korea would increase concrete cooperation in the field of supply chain and economic resilience.

He assessed Indonesia as a country rich in important mineral content, nickel, which is an important material for the high-tech industry in South Korea.

"President Joko Widodo and I have agreed to strengthen strategic solidarity in the field of cutting-edge technology such as electric cars and batteries by stabilizing the supply chain of critical minerals, and strengthening economic resilience cooperation between the two countries," said President Yoon as quoted by Antara.

President Yoon also said that Indonesia and South Korea had agreed to carry out intensive cooperation related to the agenda of mutual concern within the framework of the Indo-Pacific Economic Framework (IPEF), which was launched at the end of May.

"President Jokowi and I share the same view that if the IK-CEPA and RCEP come into effect, they will be contributors in expanding real cooperation between the two countries," he said.

For information, Commission VI of the DPR RI is currently still discussing the Draft Law (RUU) on the Ratification of the Regional Comprehensive Economic Partnership (RCEP) and the Indonesia Korea Comprehensive Economic Partnership Agreement (IK-CEPA).