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The 42nd ASEAN Summit is Officially Closed, Indonesia Successfully Pushes for a Number of Declarations and Cooperation

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Labuan Bajo – President Joko Widodo (Jokowi) officially closed the holding of the 42nd ASEAN Summit in Labuan Bajo, NTT, today, Thursday (11/5). The results of the event have resulted in a number of declarations and cooperation among ASEAN countries.

President Joko Widodo said the results of this summit had resulted in a number of declarations and cooperation among ASEAN countries. This shows that Indonesia has succeeded in pushing for these agreements.

“The Summit has produced a number of declarations and cooperation among ASEAN countries. This shows that Indonesia has succeeded in pushing for agreements among ASEAN countries,” said President Jokowi.

The declarations and cooperation that have been produced are, ASEAN Leaders’ Declaration on Advancing Regional Payment Connectivity and Promoting Local Currency Transactions, ASEAN Leaders’ Declaration on Developing Regional Electric Vehicle Ecosystem and ASEAN Leaders’ Declaration on Combating Trafficking in Persons Caused by The Abuse of Technology .

At the ASEAN Summit meeting, Indonesia also succeeded in pushing for a declaration regarding the development of regional electric vehicle ecosystems, to achieve net-zero emission targets, and increase energy security in each ASEAN Member State and in the regions.

“ASEAN countries are committed to developing a regional electric vehicle ecosystem that involves all ASEAN Member Countries that support the adoption of electric vehicles and the increase in the electric vehicle industry in ASEAN Member Countries,” Jokowi added.

Apart from that, a number of declarations were also produced from the meeting of ASEAN leaders, such as to oppose transnational organized crime. Meanwhile, for cooperation and coordination of the Crime of Trafficking in Persons (TPPO).

Meanwhile, the Minister of Foreign Affairs of the Republic of Indonesia, Retno Marsudi, said that of the many agreements that were produced, one of them was between Indonesia and Vietnam, to strive to meet the trade target of USD 15 billion for 2028.

“Very optimistic that this target can be met, the condition is that all trade barriers can be reduced, or if not completely eliminated,” concluded Retno. [*]

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