INDONESIA, SOUTH KOREA ENTER NEW STAGE OF BILATERAL RELATIONS by Fardah

Jakarta, May 25, 2016 (Antara)- Bilateral relations between Indonesia and South Korea have entered a new stage as the two nations celebrated the 10th anniversary of their strategic partnership agreement this year.

          The new stage was marked by the signing of several economic cooperation agreements, and various efforts were discussed to ensure mutual support in foreign, political, and global security affairs, according to South Korean President Park Geun-hye.  
     "The two countries agreed to deepen cooperation, especially in the fields of creative industry, maritime, and environment. Today, several memoranda of understanding were signed to create synergy in the cooperation," Geun-hye stated in Seoul, recently, after holding a bilateral meeting with President Joko Widodo (Jokowi), who had made a state visit on May 15-20.  
    South Korea is a strategic and key partner of Indonesia in Asia, President Jokowi stated, adding that bilateral cooperation in the fields of economy and industry had been proceeding smoothly.

          "Trade and investment between the two countries has been going well. Just now, we spoke about making investment in Indonesia. South Korea is interested to invest in the development of toll roads, harbors, railway tracks, power plants, and maritime infrastructure, among others," he noted.

RI OFFERS SIMPLIFIED LICENSING SERVICES TO ATTRACT S KOREAN INVESTORS by Fardah

Jakarta, Feb. 26, 2016 (Antara)- The Indonesian Investment Coordinating Board (BKPM) earlier this month planned to  organize a Forum of South Korean Investors, dubbed "The Three Hours Investment Licenses and Green Lane Facility,"  to publicize the government's latest investor-friendly policies.          The Board also held a Korean Business Dialogue in Jakarta recently to offer easy investment services, called KLIK,  and a three-hour investment licensing facility in the infrastructure field, to 100 investors from South Korea attending the  event.          The new services were expected to lure more South Korean investors to invest in Indonesia, BKPM Chief Franky  Sibarani said in a press statement on Feb. 23.          The Korean Business Dialogue was organized by the Korean Chamber of Commerce and Industry (KCCI),  Kocham, and the Korean Trade and Investment Promotion Agency (KOTRA).          Indonesian Trade Minister Thomas Lembong and the South Korean Ambassador to Indonesia, Cho Tae Young,  were present in the meeting.