Indonesia’s Jokowi replaces health, trade ministers in Cabinet reshuffle 22 Dec 2020 / 19:00 H. Indonesian President Joko Widodo announced today that six ministers would be replaced in a significant Cabinet reshuffle. ― Reuters
JAKARTA: Indonesia’s president announced today a sweeping reshuffle of his Cabinet, including a replacement for a health minister criticised for his perceived mishandling of the country’s coronavirus crisis.
President Joko Widodo, known by his nickname Jokowi, said six ministers would be replaced, including in the portfolios of health, trade, tourism and fisheries. The newcomers will be inaugurated tomorrow.
Outgoing health minister Terawan Agus Putranto, a military radiologist and former personal physician to Jokowi’s late mother, has faced public calls to resign over a coronavirus caseload that is among Asia’s biggest.
By Reuters Staff
2 Min Read
JAKARTA/SEOUL (Reuters) - South Korea and Indonesia on Friday signed an economic partnership agreement aimed at boosting investment and trade between the two countries, in areas ranging from automobiles to apparel, officials said.
South Korea is among Indonesia’s top ten trading partners and investors, but the economic relationship still did not reflect the true potential, Indonesian Trade Minister Agus Suparmanto said at a signing ceremony broadcast online from Seoul.
Under the agreement, South Korea will eliminate more than 95% of its tariff lines and Indonesia eliminate over 92% and give preferential tariffs to support Korean investment, Indonesia’s trade ministry said in a statement.
Indonesia, South Korea ink economic cooperation deal aa.com.tr - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from aa.com.tr Daily Mail and Mail on Sunday newspapers.
Search Trade Minister Agus Suparmanto, second left, and his South Korean counterpart, Trade, Industry, and Energy Minister Sung Yun-mo, second right, signed the Indonesia-South Korea Comprehensive Economic Partnership Agreement (IK-CEPA) in a high-level meeting in Seoul on Friday. (Photo courtesy of Trade Ministry) IK-CEPA Paves the Way for Indonesia-South Korea s $9.1b Battery Project BY :ESTER NUKY, SANYA DINDA DECEMBER 19, 2020
Jakarta. Indonesia s and South Korea s $9.1 billion electric car battery joint venture project has gotten a boost after the two countries signed a comprehensive investment and trade deal, laying the groundwork for the Southeast Asian country s ambition to tap into the latter s technological prowess to establish an integrated battery industry.
Indonesia-Korea CEPA agreement targets US$20 bln of bilateral trade 18th December 2020
Documentation. Minister of Trade Agus Suparmanto. (ANTARA FOTO / MUHAMMAD ADIMAJA)
Trade between the two countries had reached US$15.65 billion in 2019. This is far from what we are targeting, and now, in 2020, it has decreased to US$10.10 billion. However, with the IK-CEPA, it is expected to increase by around US$20 billion in the Jakarta (ANTARA) - The Indonesia-South Korea Comprehensive Economic Partnership (IK-CEPA) targets a total trade of US$20 billion between both nations, Trade Minister Agus Suparmanto stated. Trade between the two countries had reached US$15.65 billion in 2019. This is far from what we are targeting, and now, in 2020, it has decreased to US$10.10 billion. However, with the IK-CEPA, it is expected to increase by around US$20 billion in the following year, the trade minister stated while holding a virtual press conference on Friday.