President: Economic Benefits From the 43rd ASEAN Summit

Antara News are reporting on comments made by President Jokowi at press conference of the 43rd ASEAN Summit on Thursday (07/09/23) where he highlighted the economic benefits arising from the 43rd ASEAN Summit’s implementation for Indonesia and the region, including encouragement for a sustainable electric vehicle ecosystem, cross-border payments, increasing local currency transactions, adding that the East Asia Summit (EAS) Leaders’ Joint Statement on the epicentrum of growth is a tangible benefit of the ASEAN Summit.

Indonesia’s chairmanship this year raised the theme “ASEAN Matters: Epicentrum of Growth” to reflect its goal of making the region more inclusive and sustainable, especially in terms of economic growth and contributing to the prosperity of the 680-million people living in the region, say Antara News.

In addition to the agreements signed the president also highlighted the implementation of the ASEAN Indo-Pacific Forum (AIPF), which resulted in 93-projects worth USD 38.2-billion.

AIPF was the flagship event of the 43rd ASEAN Summit. Through AIPF, Indonesia sought to capitalize on the region’s potential market and realize investment opportunities.

Antara News report that as well as the 93-projects, the support and contribution of ASEAN and its partner countries also resulted in 73-potential projects worth USD 17.8-billion.

The 43rd ASEAN Summit from September 5 to 7, 2023, was also attended by representatives of dialogue partner countries, namely Japan, China, South Korea, Australia, Canada, the United States, Russia, and India.

Two invited countries, Bangladesh, which is chairing the Indian Ocean Rim Association (IORA) this year, and the Cook Islands, which is leading the Pacific Island Forum (PIF), also took part in the summit.

Source: Antara News

Image by BPMI Setpres/ Rusman

The post President: Economic Benefits From the 43rd ASEAN Summit appeared first on Invest Indonesia.

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