Korea-Indonesia Vice Ministerial Economic Cooperation Committee Video Conference... "A Starting Point for Overcoming COVID-19"

[Asia Economy Reporter Kim Bo-kyung] South Korea and Indonesia held the Korea-Indonesia Vice Ministerial Economic Cooperation Committee over two days from the 25th to the 26th.

On the Korean side, Park Ki-young, Deputy Minister for Trade at the Ministry of Trade, Industry and Energy, and on the Indonesian side, Deputy Minister Rizal Affandi Lukman of the Coordinating Ministry for Economic Affairs attended as chief representatives.

This meeting was held to implement the Korea-Indonesia Economic Cooperation Committee MOU signed during Indonesian President Joko Widodo's visit to Korea in September 2018, and was arranged to discuss economic cooperation between the two countries in the fields of trade and investment, industrial cooperation, and e-commerce.

Despite the COVID-19 situation, the meeting was conducted via video conference with minimal participants to promote continuous economic cooperation between the two countries.

Deputy Minister Park Ki-young stated at the Economic Cooperation Committee, "Both countries are facing many difficulties due to COVID-19," and added, "We hope that holding the Korea-Indonesia Economic Cooperation Committee via video conference will serve as a starting point for overcoming COVID-19 through economic cooperation between Korea and Indonesia."

He continued, "The Korean government will actively support the activation of cooperation between companies through revitalizing trade and investment between the two countries, strengthening cooperation in key industries, and expanding digital trade."

Based on the discussions held during this video conference, the two countries plan to hold a ministerial-level Korea-Indonesia Economic Cooperation Committee within the year to discuss economic cooperation measures in greater depth.

This content was produced with the assistance of AI translation services.