Asia

Indonesia, S. Korea sign $1.9bn deals to boost economic ties

November 9, 20171.9K views0 comments

Indonesia and South Korea Thursday signed business deals potentially worth 1.9 billion U.S. dollars, covering transportation and other sectors.

Indonesian President Joko Widodo (R) and South Korean President Moon Jae-in attend a joint press conference in Bogor, Indonesia on Nov. 9, 2017.
Joko Widodo, Indonesian President (R) and Moon Jae, South Korean President-at a joint press conference in Bogor, Indonesia on Nov. 9, 2017.

The pacts came, according to Xinhua, before a forum attended by visiting South Korean President Moon Jae-in earlier in the day, where he revealed at the forum, that his country wanted to boost economic ties with Indonesia.

Moon arrived Indonesia Wednesday on a three-day state visit.

Indonesian President Joko Widodo welcomed his South Korean counterpart at a palace in a botanical garden near the country’s capital, Thursday afternoon.

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