Meeting between the President of the Republic of Indonesia, H.E. Susilo Bambang Yudhoyono
the President of the Republic of Iceland, H.E. Olafur Ragnar Grimsson
Nusa Dua, Bali, 26 April 2010
1. On 26 April 2010, the President of the Republic of Indonesia H.E. Susilo Bambang Yudhoyono and the President of the Republic of Iceland, H.E. Olafur Ragnar Grimsson, held bilateral talks in Bali during the visit of the President of of Iceland to Indonesia. This first visit of the President of Iceland to Indonesia marks an important landmark towards a renewed bilateral relationship. Following the bilateral talks, the two Presidents attended the World Geothermal Congress 2010 was officially opened by President Yudhoyono. President Grimsson presented a keynote speech during the opening session of the Congress.
2. At the beginning of the bilateral talks, President Yudhoyono conveyed the deepest sympathy of the people and the Government of Indonesia for the recent volcanic eruptions in Iceland.
3. Both Leaders emphasized that Indonesia and Iceland have a long-standing relation of friendship and cooperation based on a shared commitment to the principles of democracy, the rule of law, respect of human rights and tolerance.
4. Both Leaders expressed their determination to further broaden and deepen the bilateral co-operation in diplomatic and economics spheres, particularly on energy security. They agreed to strengthen their cooperation in addressing global challenges.
5. Both Leaders recognized the need to further working together to overcome the negative effects of the 2008 global financial crisis. To this end, they agreed to strengthen commercial links between Indonesia and Iceland and to continue to seek ways to improve trade relations and investment.
6. They noted with satisfaction the long standing and strong cooperation in the field of geothermal, in particular on capacity building. The two Presidents underscored the importance of the MoU on Energy and Mineral Cooperation between the Minister of Energy and Mineral Resources of Indonesia and the Minister of Energy of Iceland in 2007, which constitute strong basis to further strengthen geothermal cooperation. Both Leaders agreed to spare no effort in the immediate implementation of the MoU to include cooperation on research program, cooperation in geothermal drilling and investment cooperation. They shared the view that geothermal will remain the priority cooperation between the two countries, taking into consideration their geological similarity and significant contribution of geothermal energy in reducing CO2 emission.
7. Considering the strategic importance of fisheries development in the two countries, the two Presidents also emphasized that the signing of the Letter of Intent (LoI) on Marine and Fisheries Cooperation by the Ministers of Fisheries Affairs in 2008 provides a significant step to bolster fisheries cooperation. In view of this, they encouraged the implementation of capacity building on marine and fisheries issues, through, among others, the United Nations University Fisheries Programs (UNU-FP), research on fisheries and integrated fisheries management system, as stipulated in the LoI.
8. Both Leaders exchanged views on various regional and international issues. They recognised the importance of G-20 as the premier forum for international economic cooperation. They emphasized their commitment to work together to reach a binding international framework on climate change based on principles articulated in Bali Roadmap and building upon the Copenhagen Accord.
Nusa Dua, Bali, 26 April 2010