Indonesia hedges against US’ economic push


Australian Prime Minister Anthony Albanese, US President Joe Biden, Japanese Prime Minister Fumio Kishida, and Indian Prime Minister Narendra Modi wave to the media prior to the Quad meeting at the Kishida's office in Tokyo on May 24, 2022. - AFP

JAKARTA (Jakarta Post/Asia News Network): Indonesia supported the launch of a United States-led regional economic initiative this week but was also adamant about closely studying the proposal before making any concrete commitments, as Washington revelled in the limited fanfare of its “return” to Asia.

Through the Indo-Pacific Economic Framework (IPEF) that he unveiled in Japan on Monday, US President Joe Biden has pledged to “work together with close friends and partners in the region on challenges that matter most to economic competitiveness in the 21st century”.

Play, subscribe and stand a chance to win prizes worth over RM39,000! T&C applies.

Monthly Plan

RM 13.90/month

RM 11.12/month

Billed as RM 11.12 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 9.87/month

Billed as RM 118.40 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Indonesia , China , Asean , US , economy , cooperation

Next In Aseanplus News

Fire breaks out on vessel at Singapore's PSA Pasir Panjang Terminal; no injuries reported
Japan weighs sharp increase in residency permit fees for foreign nationals
Cuddalore rally cancelled: TVK head Vijay cites safety, draws mixed political response
Brunei alumni gather for Hari Raya celebration
Myanmar establishes new National Defence and Security Council
Hamzah says no plans to set up new party, prefers being part of an existing platform
When teenagers cross the line: Stories from Vietnam's rehabilitation schools
Genome-editing of babies to be banned in Japan under govt-proposed Bill
Mayon Volcano’s seismic activities increase in the Philippines
Cambodian King to remain in China for treatment of prostate cancer

Others Also Read