Tuesday, January 9, 2018

1) Indonesia must receive 51 percent share in Freeport: President

2) Indonesia's 2018 Foreign Policy to Focus on Asean and Indo-Pacific Region

1) Indonesia must receive 51 percent share in Freeport: President

Illustration. PT Freeport Indonesia in Tembagapura, Timika, Papua. (ANTARA PHOTO /Stringer/Spedy Paereng) ()

Rote, E Nusa Tenggara (ANTARA News) - President Joko Widodo (Jokowi) affirmed that Indonesia should get a minimum share of 51 percent from PT. Freeport Indonesia that managed the mine in Papua.

"For the last 10 years, we only got a 9.3 percent share from the corporation. At the moment, I have ordered for Indonesia to get a 51 percent share," the president noted during a visit to Rote, the country`s southernmost island, on Tuesday.

Jokowi is on a visit to the island of Rote since Monday to open and attend a national coordination meeting of the Bara JP volunteers.

After an overnight stay at the island, the president and First Lady conducted several activities, including distributing land certificates and Indonesian Smart Cards, as well as reviewing the retention basin on the island.

Furthermore, the former governor of Jakarta stated that intense negotiations and discussions on the 51 percent share were held.

"The discussions have been very tough, but the important thing is to not let go," he added.

In August last year, he remarked that Energy and Mineral Resources Minister Ignatius Johan and Finance Minister Sri Mulyani along with CEO of Freeport McMoran Richard Adkerson had agreed to divest 51 percent of the shares for national ownership.

"However, details for that 51 percent share are still being discussed between the government and Freeport," he revealed.

He also touched on the Mahakam block in East Kalimantan that has been managed by foreign company PT. Total E & P Indonesie and Inpex Corporation for the last five decades.

"As of January 1, 100 percent of the Makaham Block is under our possession after decades of it being listed as a foreign property," he pointed out.

He also revealed that after fully becoming the property of Indonesia, management of the Mahakam Block has been directly handed over to Pertamina Hulu Mahakam, a subsidiary company of PT Pertamina. 

Reported by Kornelis Kaha
Editor: Heru Purwanto
2) Indonesia's 2018 Foreign Policy to Focus on Asean and Indo-Pacific Region
By : Sheany | on 10:02 PM January 09, 2018

Jakarta. Foreign Minister Retno Marsudi on Tuesday (09/01) outlined Indonesia's 2018 foreign policy priorities, which include strengthening the unity of the Association of Southeast Asian Nations and promoting peace, stability and prosperity of its member states and the Indo-Pacific region.
Indonesia will also try to win a seat at the United Nations Security Council and will conclude ongoing negotiations on economic cooperation.
Speaking at an annual press event in Central Jakarta, Retno said Indonesia will pursue a "practical and effective" code of conduct in the South China Sea. It will also seek a plan of action to implement the Asean Consensus on the Protection and Promotion of the Rights of Migrant Workers, which was reached in November, during the association's summit in Manila, after 10 years of negotiations.
In August, foreign ministers representing Southeast Asia and China adopted a framework for the code of conduct in the South China Sea, laying a foundation to begin official talks on the disputed strategic waters.
During her speech, Retno said Indonesia will work to tackle transnational crime, including human trafficking, terrorism and illegal, unreported and unregulated fishing. She touched on the importance of legal cooperation among Asean member countries and said that Indonesia will initiate negotiations over an Asean extradition treaty.
Indonesia will also seek a stronger Asean presence in the Indo-Pacific region.
The world's fourth most populous country plans to conclude ongoing negotiations on various trade and economy cooperation, including the Regional Comprehensive Economic Partnership (RCEP), and its comprehensive economic partnership agreements (CEPA) with the European Union, Turkey and Australia.
"Negotiations on a new generation of bilateral investment agreements will also be intensified with [our] partner countries such as Switzerland and Singapore," Retno added.
In 2018, Indonesia will host a number of high-profile international events, including the inaugural World Conference on Creative Economy in May, the Asian Games in August, and the International Monetary Fund and World Bank annual meeting in October.
More intense negotiations over international borders are also in the 2018 pipeline.
In 2017, border demarcation deals were negotiated 35 times, and the 2013 agreement on the Indonesian-Papua New Guinea border was finally ratified.
Indonesia also ratified the exclusive economic zone boundary with the Philippines.
According to Retno, Indonesia's peacebuilding diplomacy will be reinforced by partnerships with like-minded countries and through the establishment of Indonesian Aid — a single agency responsible for delivering Indonesia's international assistance.
"The delivery of Indonesian aid will be carried out through one channel, with an initial budget of Rp 1 trillion [$ 74.4 million]," Retno said.
Throughout 2017, Indonesia was campaigning internationally to be selected as a non-permanent member of the Security Council. Elections for the 2019-20 term will be held in June.
The last time Indonesia occupied the seat was in 2007-08.

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