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.](http://www.businessamlive.com/wp-content/uploads/2017/11/Indonesia-S.-Korea-ink-deals-to-boost-economic-ties.jpg)
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.