Indonesia: Meeting with Sri Lankan President, Jokowi asks for palm oil block to be lifted

Published 2023년 10월 17일

Tridge summary

Indonesian President Joko Widodo and Sri Lankan President Ranil Wickremesinghe held a bilateral meeting in Beijing, China to discuss increasing cooperation between the two countries. They discussed forming a preferential trade agreement to boost the value of trade, as well as lifting the ban on palm oil imports from Indonesia. The leaders also talked about Indonesian state-owned companies collaborating with Sri Lanka in the procurement of train carriages and electronic passports, and Indonesia supporting Sri Lanka's chairmanship of IORA and its desire to become an ASEAN Sectoral Partner.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Jakarta, CNBC Indonesia - President Joko Widodo (Jokowi) held a bilateral meeting with the President of the Democratic Socialist Republic of Sri Lanka, Ranil Wickremesinghe, at the China World Hotel, Beijing China. During the meeting the two heads of state discussed increasing cooperation. In the economic sector, Jokowi welcomed Sri Lanka's desire to form a preferential trade agreement with Indonesia. Based on data, Indonesia-Sri Lanka trade volume will fall by 27.5% in 2022, so joint efforts are needed to increase the value of trade between the two countries. "For this reason, I welcome Sri Lanka's desire to form a preferential trade agreement with Indonesia," said Jokowi in an official statement, Tuesday (17/10/2023). Apart from that, Jokowi also hopes for Sri Lanka's support to lift the policy of banning palm oil imports. According to him, palm oil is Indonesia's leading commodity which is produced with environmental standards in mind. "I propose that we form a special ...

Source: Cnbcindonesia