Minister for Trade Inkyo Cheong visited Jakarta, Indonesia (July 2–4) amid anticipation of stronger Korea-Indonesia cooperation across a wide range of industries, including future mobility and clean energy.



Trade Minister Cheong first attended the ceremony celebrating the mass production of Indonesian battery-embedded electric vehicles (EV), hosted by Hyundai Motor, in the presence of Indonesia’s President Joko Widodo and other government key figures. The trade chief gave a congratulatory message, stating that he looks forward to seeing “made-in-Indonesia” EVs cruising throughout ASEAN and the global market and expressing hopes for the two countries’ economic cooperation to expand in all directions on the occasion of the EV collaboration.



Then he met with Indonesia’s Investment Minister Bahlil Lahadalia to discuss bilateral economic cooperation measures, asking for support and interest towards locally operating Korean companies’ projects currently being pushed forward in various areas like EVs and petrochemicals. The two sides agreed to closely cooperate in carbon capture and storage (CCS), solar power, carbon neutrality, and other clean energy areas.



The trade minister also attended the ceremony for the inking of memorandums of understanding (MOUs) on electric two-wheelers and for smart e-mobility cooperation, organized by Korea Smart E-Mobility Association (KEMA).



He visited the Economic Research Institute for ASEAN and East Asia (ERIA) as well for a meeting with experts on measures for enhancing cooperation in East Asia and the Pacific region and held a conference with locally operating Korean firms and institutions to gather opinions and discuss local business issues.