Strengthening Ties: Li Qiang and Prabowo Subianto Discuss Trade Amidst Global Challenges
Chinese Premier Li Qiang met with Indonesian President Prabowo Subianto to discuss enhancing trade and investment amidst global challenges. Li's visit to Jakarta signified China's commitment to strengthening ties, highlighted by substantial business delegations, strategic agreements, and new investment initiatives in transport, industrial development, and mineral sectors.
- Country:
- Indonesia
In a significant diplomatic gesture, Chinese Premier Li Qiang met with Indonesia's President Prabowo Subianto to bolster trade and investment ties amidst rising global economic tensions. This high-profile meeting occurred as part of Li's three-day visit to Jakarta, emphasizing China's economic focus in Southeast Asia.
During the visit, Li brought along 60 prominent Chinese business delegates, highlighting China's intent to foster economic collaborations. He underscored China's rapid economic growth despite external hurdles, expressing a tenet of shared development. Prabowo appreciated China's contributions to Indonesia's economy and called for further investments.
The meeting resulted in several strategic agreements, including a USD 21.7 billion investment package and commitments to enhance bilateral ties in politics, economy, and cultural exchanges under the Belt and Road Initiative. These developments mark a pivotal point in China-Indonesia relations, promising enhanced regional benefits.
(With inputs from agencies.)
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