IDXChannel - The President of the Republic of Indonesia, Joko Widodo, and the Prime Minister of Vietnam, Pham Minh Chinh, held a bilateral meeting at Hotel Meruorah, Labuan Bajo, West Manggarai Regency, East Nusa Tenggara Province, on Tuesday (9/5/2023).
During the meeting, the two leaders discussed efforts to enhance bilateral trade cooperation.
"The two leaders discussed efforts to achieve a trade target of 15 billion US dollars by 2028," said Indonesian Minister for Foreign Affairs, Retno Marsudi, in her statement after accompanying President Joko Widodo in the bilateral meeting.
Minister Retno said that the two leaders were optimistic that the target could be achieved, "provided that all trade restrictions or barriers be reduced, if not completely eliminated."
President Joko Widodo and PM Pham Minh Chinh also agreed to immediately negotiate a bilateral investment treaty in line with the increasing investment from both countries.
"In addition, the two leaders also agreed to enhance cooperation in the field of renewable energy," she added.