S. Korean, Indonesian leaders agree to boost economic ties

Jul 27, 2022, 4:12 PM | Updated: Jul 28, 2022, 4:42 am

Indonesian President Joko Widodo, left, speaks as South Korean President Yoon Suk Yeol listens duri...

Indonesian President Joko Widodo, left, speaks as South Korean President Yoon Suk Yeol listens during their joint news conference at the presidential office in Seoul, South Korea, Thursday, July 28, 2022. (Suh Myung-gon/Yonhap via AP)

(Suh Myung-gon/Yonhap via AP)

SEOUL, South Korea (AP) — The presidents of South Korea and Indonesia agreed Thursday to boost their bilateral cooperation on supply chains, economic security and defense.

Indonesian President Joko Widodo arrived in South Korea on Wednesday as part of a regional trip that already took him to China and Japan.

During a joint press conference with Widodo, South Korean President Yoon Suk Yeol said the two shared concerns about North Korea’s nuclear and missile threats and agreed to support a concerted international response to the North’s weapons programs. He didn’t elaborate.

Yoon said he and Widodo agreed to work together to resolve global energy and food crises and support an international effort to restore democracy in Myanmar.

Yoon said they also agreed to strengthen bilateral cooperation on stabilizing supply chains for key minerals and to establish a strategic partnership on high-tech industries such as one on electric vehicle batteries.

Widodo, speaking through an interpreter, said he and Yoon welcome an increase in bilateral trade. He said that South Korean investments have grown rapidly in Indonesia’s steel, petrochemical, electric vehicle battery, communications and garment industries.

He said he’s confident that bilateral economic partnerships will strengthen further.

Copyright © The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.


moore redmond washington...

Associated Press

U.S. Supreme Court rules against Redmond couple challenging foreign income tax

The court ruled in the case of Charles and Kathleen Moore, of Redmond, Washington after they previously challenged a $15,000 tax bill.

3 days ago

Image:The New York Giants' Willie Mays poses for a photo during baseball spring training in 1972. M...

Associated Press

Willie Mays, Giants’ electrifying ‘Say Hey Kid,’ dies at 93

Willie Mays, whose singular combination of talent, drive and exuberance made him one of baseball’s greatest players, has died. He was 93.

5 days ago

Image: This photo provided by the Washington Department of Ecology shows a derailed BNSF train on t...

Associated Press

Judge orders BNSF to pay Washington tribe nearly $400M for trespassing with oil trains

BNSF Railway must pay the sum to a Native American tribe in Washington after it ran 100-car trains with crude oil on the tribe's reservation.

6 days ago

Photo: In this photo provided by Tieanna Joseph Cade, an amusement park ride is shown stuck with 30...

Associated Press

Crews rescue 28 people trapped upside down high on Oregon amusement park ride

Emergency crews in Oregon rescued 28 people after they were stuck dangling upside down high on a ride at a century-old amusement park.

6 days ago

juneteenth shooting texas...

Associated Press

2 killed and 6 wounded in shooting during a Juneteenth celebration in a Texas park

A shooting in a Texas park left two people dead and six wounded, including two children, on Saturday, authorities said.

7 days ago

Photo: Israeli soldiers drive a tank near the Israeli-Gaza border, in southern Israel, Wednesday, J...

Jack Jeffery, The Associated Press

8 Israeli soldiers killed in southern Gaza in deadliest attack on Israeli forces in months

An explosion in Gaza killed eight Israeli soldiers, the military said Saturday, making it the deadliest attack on Israeli forces in months.

8 days ago

S. Korean, Indonesian leaders agree to boost economic ties