Indonesia and ASEAN are now the Most Attractive Destination for Trade and Investment in the Region

 
 
 
 
 
 
 
 
 
 

?On November 20th 2014, Ambassador Extraordinary and Plenipotentiary of the Republic of Indonesia to Venezuela, Prianti Gagarin Djatmiko - Singgih was interviewed by Julián Rivas, a journalist from ANTV (National Assembly TV) on a show called “Somos el Sur” (We are the South), to discuss the bilateral relations between Indonesia and Venezuela for an hour of interview in Spanish.

 

Ambassador Gagarin outlined that both countries are bound with a common characteristic as a prominent leader in their respective regions. Indonesia is well known as a leader in ASEAN and Venezuela is a leader in South America and Caribbean region. Both are members of the Non Align Movement (NAM). Indonesia is one of the founding fathers of the NAM, while Venezuela will be hosting the NAM summit this year. In this regard, she underlined that the two countries could exchange views on how to address the present challenges of this Movement.

 

On a bilateral note, it is understood that Indonesia and Venezuela share the same values of social justice, democracy and territorial integrity. In terms of democracy, for instance, our founding fathers determined five basic principles (Pancasila) and one of those principles is representative democracy. In a country with the majority of moslem population, Indonesia has proven that democracy can live co-existent with Islam. On the other hand, Venezuela has participative democracy that also could go hand in hand with socialism.

 

As the seventh largest economy, member of G20, the fourth largest population and the third largest democracy with one of the highest growth of middle class population in the world, Indonesia is moving forward to become an interesting destination to do business and investment. Indonesia’s foreign policy is now concentrating more on economic diplomacy that will benefit the country directly. As South American and Caribbean countries are considered as a non-traditional market that are still untapped, all Indonesian embassies are now instructed to prioritize in economic promotion as a main tool of diplomacy.

 

In regional cooperation, as a vibrant and dynamic economic integration, ASEAN has been trying to bring the region to the forefront of the world economy. It is very important to connect ASEAN with other potential regional groupings and dialogue partners since the ultimate goal of ASEAN economic community is making the region a center of regional and global chain of production. ASEAN is a prime mover in its relations with all the important global players in economy like the US, China, Japan, South Korea, India, Russia, Australia and New Zealand as its dialogue partners.

 

The embassy has consistently promoting economic relations through direct rapprochement with business to business and private to private approach. Through this mechanism we could share experiences, discuss the challenges and find solution in fostering economic relations. Furthermore, the Embassy is following instruction from capital in conducting promotion of four iconic commodities, namely furniture, tourism, gastronomy and fashion. During its participation in the Trade Expo Indonesia 2012, Venezuelan delegation successfully registered the highest trade transaction from all Latin American countries amounted to USD 25 million. Indonesia’s export commodities to Venezuela are textile and its derivative manufactures, crumb rubber, footwear and electric apparatus. While Venezuela’s export commodities to Indonesia are organic chemical products, mineral including iron ore. Export of textile and its derivative manufactures have been registered as the main contributor to Indonesia’s export to Venezuela for the period of January-July 2014. The latest report indicated that fashion industry has become the second source of devisa for the creative economy sector and this has been an impetus for Venezuela to also develop this sector. To serve the purpose, the Embassy has been trying to establish a joint cooperation with Indonesia’s largest textile factory that has interest to expand its investment in Venezuela by among others creating an international brand garment, where young and talented Venezuelan designers shall be involved.

 

The interview was broadcasted in prime time and re-broadcasted six times and received various comments and feedback.?