Announcing a major new agreement with Indonesia, Foreign Secretary Liz Truss said that it would commit the two partners to closer working across a range of important areas from trade and investment to counterterrorism and cyber security.
The agreement will, she went on, also support a free and open Indo-Pacific as well as enhancing collaboration on investment in sustainable infrastructure projects and industries of the future, such as electric vehicles and green technology.
“Indonesia is the world’s fourth most populous country, a strong democracy with a vibrant economy and a vital part of our efforts to defend freedom, peace and stability,” the Foreign Secretary said. “Deeper ties are a win-win, delivering jobs and opportunities for British people while ensuring an open, secure and prosperous Indo-Pacific.”
Available at www.gov.uk, the UK-Indonesia Partnership Roadmap 2022 to 2024 commits to closer ties with the Indonesian economy, which is forecast to more than quintuple in GDP, with 532% growth between 2020 and 2050.
“Ties will also be boosted by the UK’s offer of over £4 billion to finance long-term projects with British expertise and the relaunched British International Investment (BII) entering the Southeast Asian market later this year,” Ms Truss concluded.
