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Pres. Moon attends 'S. Korea-Indonesia business forum,' stresses need for econmic and diplomatic cooperation with ASEAN Updated: 2017-11-09 20:00:10 KST

A day after his arrival in Jakarta, the first destination of his eight-day Southeast Asia tour, President Moon attended the biggest business forum between Korea and Indonesia since the two countries established bilateral ties.
About 400 Korean and Indonesian business leaders were in attendance, including some prominent figures including Samsung Electronics Vice Chairman and CEO Yoon Boo-keun, Hyundai Motor President Jeong Jin-haeng, the presidents of Korea and Indonesia's chambers of commerce, and Indonesia's industry minister.
During the forum, President Moon stressed the need to upgrade Korea's long-standing partnership with Indonesia.

(KOREAN) ed: devin
"I propose that our two countries take on greater challenges and dream bigger dreams together. I propose that we build a partnership that goes beyond our bilateral trade relations and blaze trails together in the ASEAN and global markets."
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And to reach that goal, President Moon pointed out some key cooperation tasks, including a gradual reorganization of joint economic consultative bodies, diversifing the areas of economic cooperation, expanding support for collaboration between Korean and Indonesian SMEs, and last but not least, expanding the trade volume between Seoul and Jakarta.
He even pledged to support next year's Asian Games hosted in Jakarta with 5G wireless communication technology.
The President also said he's seeking to transform Korea's relationship with the ASEAN nations and bring it up to equal standing as that of Seoul's ties with other major powers.
Which is why, President Moon introduced his administration's so-called "New Southern Policy," which seeks to improve diplomatic and economic ties between Seoul and its Southeast Asian neighbors.
According to a Blue House official, the newly coined policy would be the counterpart of the "New Northern Policy" that seeks to reinforce economic cooperation with Russia and other nations in Eurasia, which President Moon mentioned when he visited Vladivostok in September.
The official said that the two frontiers. of expanding economic and diplomatic ties with countries and intergovernmental organizations will become a significant path to establish peace and prosperity in the region.
Hwang Hojun, Arirang News.
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