Indonesia, Japan to expand economic partnership

Indonesia and Japan have agreed to expand their economic partnership, including in the micro, small, and medium enterprises (MSME) sector, Thai EconomicNews Service reported.

Thus, the governments of the two countries hope to boost the promotion of MSME products to the global markets, supply chain, and startup development. Japan and Indonesia already enjoy long-standing partnerships in the development of the sector.

The two parties have also discussed potential financing schemes for Indonesian MSMEs as well as opportunities for business-to-business (B2B) investment between Indonesian MSMEs with partnered Japanese companies, Thai EconomicNews Service noted.

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