Foreign Secretary has today launched a major new agreement with
Indonesia, to turbocharge trade, tech and security ties.
The ‘UK-Indonesia Roadmap’ between the two democracies commits to
closer working across a range of important areas from trade and
investment, to counterterrorism and cyber security.
It will also boost our security and defence relations, with new
defence cooperation, joint training and jungle warfare exercises
with the British Army in the pipeline.
The agreement, personally signed off by the Foreign Secretary,
will also support a free and open Indo-Pacific, as well as
enhance collaboration on investment in sustainable infrastructure
projects and industries of the future, like electric vehicles and
green technology.
Foreign Secretary, said:
“Indonesia is the world’s fourth most populous country, a
strong democracy with a vibrant economy and a vital part of our
efforts to defend freedom, peace and
stability.
“Deeper ties are a win-win, delivering jobs and opportunities
for British people while ensuring an open, secure and prosperous
Indo-Pacific.”
The UK-Indonesia Roadmap will also commit to closer ties with the
Indonesian economy, which is forecast to more than quintuple in
GDP (PPP$), with 532% growth between 2020 and 2050.
Indonesia is one of the world’s most largely populated countries
(272m) and by 2050, forecast to be the world’s fourth largest
economy. They share UK values on international law,
multilateralism and democracy with the new ‘Roadmap’ set to
turbocharge relations.
Ties will also be boosted by the UK’s offer of over £4bn to
finance long-term projects with British expertise and the
relaunched British International Investment (BII) entering the
Southeast Asian market later this year.
