The Indonesian Government is calling on enterprises of the Republic of Korea (RoK) to invest in the battery industry for electronic vehicles in the country, just weeks after Jakarta announced a ban on the export of nickel ore to develop its domestic processing industry.
The special summit between the Association of Southeast Asian Nations (ASEAN) and the Republic of Korea (RoK), slated for November 25-26 in Busan city, will seek ways to strengthen the free trade order and achieve shared prosperity, according to the RoK President’s office.
The logistics market has become more vibrant in recent times with large merger and acquisition (M&A) deals between Vietnamese businesses and foreign investors who have strong financial and technological potential, especially those from Japan and the Republic of Korea.
President of the Republic of Korea (RoK) Moon Jae-in on March 10 vowed to promote cultural and people-to-people exchanges with the 10-member Association of Southeast Asian Nations (ASEAN) and expand practical cooperation with the regional organisation.
The Ministry of Trade, Industry and Energy of the Republic of Korea (RoK) said on February 19 that it has decided to resume talks on the signing of the Comprehensive Economic Partnership Agreement (CEPA) with Indonesia after a hiatus of five years.