AIRLINK 80.60 Increased By ▲ 1.19 (1.5%)
BOP 5.26 Decreased By ▼ -0.07 (-1.31%)
CNERGY 4.52 Increased By ▲ 0.14 (3.2%)
DFML 34.50 Increased By ▲ 1.31 (3.95%)
DGKC 78.90 Increased By ▲ 2.03 (2.64%)
FCCL 20.85 Increased By ▲ 0.32 (1.56%)
FFBL 33.78 Increased By ▲ 2.38 (7.58%)
FFL 9.70 Decreased By ▼ -0.15 (-1.52%)
GGL 10.11 Decreased By ▼ -0.14 (-1.37%)
HBL 117.85 Decreased By ▼ -0.08 (-0.07%)
HUBC 137.80 Increased By ▲ 3.70 (2.76%)
HUMNL 7.05 Increased By ▲ 0.05 (0.71%)
KEL 4.59 Decreased By ▼ -0.08 (-1.71%)
KOSM 4.56 Decreased By ▼ -0.18 (-3.8%)
MLCF 37.80 Increased By ▲ 0.36 (0.96%)
OGDC 137.20 Increased By ▲ 0.50 (0.37%)
PAEL 22.80 Decreased By ▼ -0.35 (-1.51%)
PIAA 26.57 Increased By ▲ 0.02 (0.08%)
PIBTL 6.76 Decreased By ▼ -0.24 (-3.43%)
PPL 114.30 Increased By ▲ 0.55 (0.48%)
PRL 27.33 Decreased By ▼ -0.19 (-0.69%)
PTC 14.59 Decreased By ▼ -0.16 (-1.08%)
SEARL 57.00 Decreased By ▼ -0.20 (-0.35%)
SNGP 66.75 Decreased By ▼ -0.75 (-1.11%)
SSGC 11.00 Decreased By ▼ -0.09 (-0.81%)
TELE 9.11 Decreased By ▼ -0.12 (-1.3%)
TPLP 11.46 Decreased By ▼ -0.10 (-0.87%)
TRG 70.23 Decreased By ▼ -1.87 (-2.59%)
UNITY 25.20 Increased By ▲ 0.38 (1.53%)
WTL 1.33 Decreased By ▼ -0.07 (-5%)
BR100 7,629 Increased By 103 (1.37%)
BR30 24,842 Increased By 192.5 (0.78%)
KSE100 72,739 Increased By 767.9 (1.07%)
KSE30 24,033 Increased By 284.2 (1.2%)

BEIJING: The leaders of China and Indonesia pledged to scale up trade and expand cooperation in areas such as agriculture and food security, following a rare visit to COVID-wary China by a foreign head of state.

Indonesian President Joko Widodo met Chinese President Xi Jinping and Premier Li Keqiang in Beijing on Tuesday. China last hosted foreign leaders during the Winter Olympics in February, with Russian President Vladimir Putin among those who visited Beijing.

The commitment by China, Indonesia’s No.1 trading partner, to deepen trade relations and fully back Indonesia’s chairmanship of the Association of Southeast Asian Nations (ASEAN) next year is an economic and political win for Jokowi, as the Indonesian president is widely known.

China hailed Indonesia as a model strategic partner, in contrast to its sharp words for the United States in recent months over issues from Taiwan and Ukraine to trade practices and the South China Sea.

“(China and Indonesia) have acted proactively and with a strong sense of responsibility to maintain regional peace and stability,” according to the joint statement.

“They have thus set an example of major developing countries seeking strength through unity and win-win cooperation.”

Indonesia is an important source of ferronickel, coal, copper and natural gas for the world’s second-largest economy.

In the first half of 2022, Chinese imports from Indonesia, mostly commodities, surged 34.2% on year, the most after Russia.

China has expressed commitment to import an additional one million tonnes of crude palm oil from Indonesia, said the Indonesian state palace.

Jokowi met Li and Xi at the Diaoyutai State Guesthouse, part of a sprawling complex of villas, lakes and gardens where many foreign leaders, including the late US President Richard Nixon, have been received.

As president of the G20 this year, Jokowi has sought to mend rifts within the group exposed by Russia’s invasion of Ukraine.

Last month he travelled to Ukraine to meet President Volodymyr Zelenskiy and also to Moscow to hold talks with Putin. Jokowi said Indonesia was willing to be a “communication bridge” between the two.

China, while not condemning its strategic partner Russia for the invasion, has repeatedly called for a cessation of hostilities and has offered to help promote peace talks.

Both Indonesia and Russia are part of the G20, with the former holding the group’s presidency this year.

Some G20 member-states have threatened to boycott this year’s leaders summit, on the island of Bali on Nov. 15-16, if Putin attends.

Jokowi invited Xi to Indonesia to attend the November summit, according to their joint statement.

“President Xi expressed his gratitude and wished the summit a complete success,” it said.

Comments

Comments are closed.