The country consistently records a high positive economic growth rate, which is due to its openness and the fact that we have so many trade agreements. Thanks to this fact, Indonesia is expected to be the fifth-largest economy by 2030. Not only does Indonesia have more than 270 million people, but we also have a huge middle class. When all of these factors are viewed comprehensively, it’s clear that Indonesia is Argentina’s most important partner in Southeast Asia. You also have to take into account Indonesia’s political, economic, and cultural conditions. To answer that question, you have to first consider the size of Indonesia, and I don’t just mean area or population. In what ways is Indonesia an especially important partner? ![]() Today, the Republic of Indonesia is Argentina’s fourth-largest Asian export market, with soybeans comprising the bulk of trade - though as Indonesian Ambassador Niniek Kun Naryatie observes in an interview with the Times, the rapidly developing island nation may soon have a much more consequential relationship with Argentina, and the entire global community.Īrgentina maintains close economic and diplomatic relationships with a range of Asian nations. Indonesia and Argentina have enjoyed strong relations since their adoption of formal diplomatic ties in 1956. “Recover Together, Recover Stronger” has been adopted as the summit’s motto. In the intervening months, the Oceanic powerhouse of 275 million has sought to use the position to showcase its achievements in democratic reformation and economic modernisation, while promoting multilateral solutions to issues of global trade and security. ![]() The presidency of the organisation was officially ceded by Italian Prime Minister Mario Draghi to Indonesian President Joko Widodo at last year’s summit in Rome.
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