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Bisnis.com JAKARTA – The President of the House, Bambang Soesatyo, hopes that the two-day visit of President Timor Leste to Indonesia will strengthen relations between the two countries.
"I believe that the presence of President [Timor Leste] Francisco can improve our cooperation at the level of the parliament and the executives," President of the Democratic Republic of East Timor Francisco Guteres Lu Olo told the Jakarta Parliament on Friday. (29/06/2018
Mr. Bambang explained that Indonesia's relations with East Timor had made good progress, which had been achieved during the construction of three border crossings (PLBs). [19659003] This PLB was inaugurated by President Joko Widodo in 2016, PLB Motain in Belu District, PLB Motamasin in Malakad District and PLB Wini in North Central Timor District. 39, entry to improve economic and trade relations between the two countries.
In the area of trade, recorded in 2017, the value of trade between the two countries reached 229.99 million dollars.
The same e year, the value of Indonesian investment in Timor-Leste amounted to $ 595.39 million in infrastructure, energy, finance and banking, drugs and medical equipment. "I hope that under the administration of President Francisco Guteres can encourage the improvement of the investment climate there, there are now 14 state-owned enterprises and more than 400 Indonesian companies operating in the United States. Timor-Leste, hope the numbers will continue to rise. " ] Guteres expressed his determination to always go hand in hand with Indonesia. In fact, he wants the East Timorese parliament to learn a lot and exchange ideas with the Indonesian parliament. "East Timor is pleased with the development of democracy in Indonesia which has just completed a peaceful regional election next year and will also hold legislative and presidential elections, I am sure it will be favorable to Timor Leste in the consolidation of the nation and the state, "he concluded.
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