Korea, Indonesia to strengthen bilateral industrial cooperation and investment

Korea’s Trade, Industry and Energy Minister Moon Sung-wook met his Indonesian counterpart, Luhut Binsar Pandjaitan, at a ministerial meeting in Seoul, on May 26, the Ministry of Trade, Industry and Energy said.

They discussed measures to expand bilateral cooperation and investment in the industry and energy sectors.

The ministers shared the view that it is important to expand trade and investment, as well as industrial and energy cooperation between the two countries as global supply chain risks, digital transformation, and carbon-neutral movement, are reshaping the global economy.

Minister Moon requested continued support from the Indonesia government for the business activities of Korean firms based in Indonesia.