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Netherlands Invited to Help Develop Semiconductor Industry in Indonesia

Economics editor Wahyu Dwi Anggoro
31/10/2023 17:10 WIB
Indonesia has encouraged the Netherlands to help develop the Southeast Asian country's semiconductor industrial ecosystem.
Netherlands Invited to Help Develop Semiconductor Industry in Indonesia. (Foto: MNC Media)
Netherlands Invited to Help Develop Semiconductor Industry in Indonesia. (Foto: MNC Media)

"I also welcome the signing of MoU on Cyberspace cooperation today, marking another field of cooperation on the emerging issue of cyber," Retno stated.

The Netherlands is the second largest trading partner for Indonesia in Europe. Last year, trade between the countries reached the highest record of USD6,23 billion.

The Netherlands is also the largest investor from Europe, contributing more than USD15.5 billion since 2013 with a yearly average increase of 15.8%.

"The Netherlands is one of the most important partners for Indonesia. Mutual respect and mutual benefits embodied in our bilateral relations including respect to sovereignty and territorial integrity," Retno explained.

"This year marks a decade of the two countries’ Comprehensive Partnership which started in 2013. I am glad to observe the Partnership has grown stronger over the past decade marked by the increase of high-level visits and initiatives and the signing of more than 30 bilateral treaties," Indonesia's top diplomat stated. (WHY)

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