Indonesia Led the Trade Working Group in FEALAC Ministerial Meeting

Busan, South Korea: The Indonesian delegations started the 8th Forum for East Asia – Latin America Cooperation (FEALAC) Ministerial Meeting in Busan, South Korea, by participating in the Coordination Meeting and Four Working Groups (WG). Indonesian delegation was led by Dewi Gustina Tobing, Director of American and European Intra-Regional and Inter-Regional Cooperation (KSIA Amerop), Ministry of Foreign Affairs of RI, as Alternate FEALAC SOM Leader-Indonesia.

The Coordination Meeting discussed the preparation and documentary draft that will be produced at the 8th PTM FEALAC on 31 August 2017.

Meanwhile, the four WGs consist of Socio-Political Cooperation and Sustainable Development (SPCSD); Trade, Investment, Tourism and MSMEs/TITM; Culture, Youth, Gender and Sports/CYGS; Science, Technology, Innovation and Education/STIE. The Working Groups meeting discussed projects that have been implemented by FEALAC member countries since 2015, new proposed projects in 2017, and proposed Co-Chairs WG election for the period of 2017-2019.

Indonesia currently serves as Co-Chairs WG TITM for 2015-2017 representing East Asia, along with Honduras representing Latin America region.

"FEALAC currently represents 38 percent of the world economy and 33 percent of global trade. FEALAC needs to maximize the economic opportunities available in both areas," said Dewi Gustina Tobing, opening WG TITM Meeting.

All the results of the discussion in the preliminary meeting will be discussed further in the FEALAC Seniors' Officials Meeting (SOM) today (30/8).

The 8th Ministerial Meeting (PTM) of the Forum for East Asia - Latin America Cooperation (FEALAC) and its series of events was held on 29 August - 1 September 2017 in Busan, South Korea. South Korea as the host is the East Asia Regional Coordinator of FEALAC together with Guatemala as the FEALAC Regional Coordinator of Latin America for the period of 2015-2017.

FEALAC is the only organization linking East Asia and Latin America. FEALAC was established since 1999 and currently consists of 36 countries; 16 countries in East Asia and 20 Latin American countries. The projects within the framework of FEALAC aim to strengthen the relationship between the two regions through economic, trade, investment, transportation and people-to-people cooperation. (Source: KSIA Amerop / RSA)