ASEAN KEY DESTINATIONS
Indonesia hopes Ukraine will invest locally in wheat
Indonesia and Ukraine have agreed to enhance cooperation in the agriculture sector. Besides the transfer of technology, it is hoped that Ukraine will invest in agriculture in Indonesia, particular in wheat.
President Jokowi "Jokowi" Widodo witnessed the signing of an agreement on agriculture cooperation between Agriculture Minister Amran Sulaiman and Ukrainian Food Minister Taras Kutovyi.
"We invite them to invest in Indonesia, particularly in wheat, because the country is known for its expertise in that commodity. We will try to develop wheat in Sumatra," Amran told journalists at the State Palace in Jakarta.
Ukraine is one of the biggest wheat producers in the world and ships more than 60 percent of its wheat exports to Indonesia, while more than 60 percent of Indonesia's exports to the country is palm oil, Foreign Minister Retno Marsudi said.
As the most populous country in Southeast Asia, Indonesia in 2014 imported more than 7 million tons of wheat, making it the third-biggest wheat importer in the world.
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Indonesia to launch 13th economic package this month
Coordinating Economic Minister Darmin Nasution said on Wednesday that the government would release its 13th economic policy package in August, adding that the draft had been completed.
Darmin said the 13th package was largely an extension of the previous one, but would expand its focus beyond industry. The 12th package focused on small and medium enterprises.
"We are just waiting to schedule a meeting with the president," Darmin told reporters at his office. He refused to give the exact date the new policy package would come into effect.
The ministry team must meet with President Joko "Jokowi" Widodo one more time to finalize the details, Darmin said.