Indonesia wants better economic ties with the US, industry minister says

by 11:30 PM 0 comments
During his visit to Indonesia last month as part of his tour of Asia, Pence met with Indonesian President Joko Widodo to discuss bilateral trade ties between the U.
Pence said that there was "room for significant progress" when it came to establishing a "free and fair" trade relationship between the two countries in an official blog post.
Pence had also said that the U.
would be working with the Indonesian government to reduce trade barriers in a bid to improve market access in Indonesia, Reuters reported.
In response, Haratarto said Indonesia was making marked improvements in making the business environment more favorable.
"I think the ease of doing business has improved in Indonesia," Hartarto said, pointing to how Indonesia placed 91 in the World Bank`s ease of doing business rankings in 2016.
This was 15 places higher than its position in the 2015 ranking.
"Jokowi`s presidency now is committed to do a lot of deregulation to make (it easier to) do business, especially in the manufacturing sector.
Now, if there is investment in the manufacturing centers .
in the industrial zone, the investor can obtain the license (in) three hours to operate the business in .
(that) area," he added.

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