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June 8, 2007

Indonesia, China forging closer economic ties

By Andi Abdussalam

Jakarta (ANTARA News) - Indonesia and economic giant China are forging closer economic ties with Beijing moving to realize various investment projects worth a total of US$800 million in Indonesia.

The realization of the economic cooperation between the two countries which has been running well got an impetus when Indonesian Vice President Jusuf Kalla made a six-day visit to China from June 6 to 11.

"The vice president's visit to China is expected to increase the two countries' economic cooperation," chief of the Indonesian embassy's economic section in Beijing Andriana Supandy said.

Kalla's agenda included talks with executives of Chinese state-owned companies which had investment project schemes in Indonesia such as Sino-Hydro and China National Offshore Oil Corporation (CNOOC).

Full Story...

Posted by pichu at June 8, 2007 3:26 PM