US ally JAPAN rushes to meet the incoming INDONESIAN president after the ASEAN meeting... but trade + investment with Indonesia is complicated by Japanese investment in the offshore oil + gas basin between breakaway TIMOR LESTE + AUSTRALIA... as well as Indonesias agenda of self-development, unlike Australias export-oriented trade... Jokowi said Japan wants to strengthen its cooperation with Indonesia in terms of maritime security and promoting observance of related international rules and laws. He said he told Kishida that he expects more investment from Japan but wants more of it focused on infrastructure development, such as construction of deep seaports. “There must be deep seaports on all islands,” he said. Jokowi said Kishida also raised the issue of Indonesia’s ban on the export of raw ores such as nickel and bauxite, which went into effect Jan. 12 under a law that stipulates that raw ores must be processed at smelters in Indonesia before being exported. “He wants some more discussions regarding this issue, but I told him that I (will) stick to our law and our constitution mandates that our natural resources shall be used for the people’s welfare,” Jokowi said... japantimes.co.jp/news/2014/08/12/national/kishida-indonesias-jokowi-seek-enhanced-security-economic-ties/#.U-olMfmSzyB
Posted on: Tue, 12 Aug 2014 14:35:53 +0000
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