Home > News > Regional
Saturday February 1, 2014 MYT 7:45:00 AM
Saturday February 1, 2014 MYT 7:49:05 AM
Indonesian trade minister Gita Wirjawan reacts after delivering his statement of resignation in Jakarta on January 31, 2014
Jakarta (AFP) - Indonesian trade minister Gita Wirjawan said Friday that he had resigned from his post to focus on a presidential bid in the country's upcoming election.
"I resigned from my post as a trade minister effective on February 1st," he told reporters, adding that President Susilo Bambang Yudhoyono had accepted his decision.
The minister announced his intention in September to stand down and contest the ruling Democratic Party's convention to decide its presidential candidate.
Wirjawan added he would "devote all my time and energy for the success of this noble task."
The winner will represent the party in the July vote, but the nominee will face a tough challenge to stay in power after two terms under Yudhoyono due to its declining popularity amid graft cases implicating high-rank officials.
Yudhoyono cannot run a third time, according to the country's constitution.
Several recent polls showed that Wirjawan has a slim chance of winning the presidential election due to the popularity of the current Jakarta governor Joko Widodo. Widodo has yet to announce any plan to run.
It remains unclear who will replace Wirjawan as trade minister. The resignation of the respected former investment banker may add to business and investment uncertainties in Southeast Asia's biggest economy, which has struggled to cope with its prolonged current deficit and weakening currency.
Tags / Keywords:
Indonesian, trade minister, presidency
Military gives up trying to lift Flight QZ8501 fuselage from the Java Sea
Lawyer hopeful of new appeal for Australians on death row
Russia says N. Korea leader to visit, Kim not confirmed
Australian PM takes royal knighthood storm 'on the chin'
Plenty of great fun and adventure pursuits in Adelaide
Healthy living in the heart of Ampang
Celebrity chef recalls dad at book launch
Chelsea's Costa charged over alleged semi-final stamp
LG Electronics says 2014 profit up 46%, meets estimates
Copyright © 1995-2015 Star Publications (M) Bhd (Co No 10894-D)