Minister Retno Attends RI-Kuwait Business Forum

    Wahyu Dwi Anggoro - 02 September 2019 19:17 WIB
    Minister Retno Attends RI-Kuwait Business Forum
    Illustration ( Rizal)
    Jakarta: Foreign Minister Retno Marsudi attended the Indonesia-Kuwait Business Forum in Kuwait City, Kuwait on Monday, September 2, 2019.

    "We need to think outside the box and be creative in conducting business," the Indonesian top diplomat said on her official twitter account this afternoon.

    Kuwait is one of the first and largest energy partners for Indonesia with a value of oil and gas imports reaching US$214 million in 2018. Overall, the trade value between the two countries reached more than US$403 million last year. 

    KUFPEC, the Kuwaiti oil company has been a long partner for Indonesia in exploring its oil and gas sector potentials since 1980s. Indonesia is currently focusing on exploring 10 main oil and gas source points from Sabang to Merauke with a total estimated value of oil and gas resources of around 10 billion in equivalence with the crude oil barrel.

    Indonesian Foreign Affairs Minister Retno Marsudi received Gulf Cooperation Council (GCC) secretary general Abdul Latif bin Rashid Al-Zayani at her office in Central Jakarta on Wednesday.
    The Indonesian government and the regional organization signed Memorandum of Understanding (MoU) on the Mechanism of Consultation between the Government of Indonesia and the Secretariat General of the Corporation Council for the Arab States of the Gulf.

    "The signing of the MoU marks the new era of cooperation between Indonesia and Gulf countries," the Indonesian minister said. 


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