Indeonesia: Minister Jonan says Indonesia-Kazakhstan Must Increase Cooperation

VOI NEWS, 12:00 LOCAL TIME, GMT+7, 28-11-2017

Indonesia and Kazakhstan must increase bilateral cooperation. That was stated by Indonesian Minister of Energy and Mineral Resources Ignasius Jonan in his remarks during the commemoration of Independence Day of the Republic of Kazakhstan in Jakarta, on Monday (27/11). According to Minister Ignasius Jonan, there are plenty of cooperation potential to be increased by both countries in various sectors, such as the sector of energy.

“In the field of energy, there are plenty of opportunities to build bilateral cooperations. Similar to Indonesia, Kazakhstan is an oil and gas, as well as mineral producer. But more, as growing economies, countries will face similar challenges on securing energy supply and growing energy demands respectively. I believe the collaborations in energy sector would be beneficial for both countries in order to ensure energy security and boost economic growth. So, the supply gas from outside Indonesia are trying now to come to Indonesia within more competitive price from the middle east. I think we should look at Kazakhstan in this regard,” said the Minister.

Meanwhile in tourism sector, Minister Ignasius Jonan expected more tourists coming from Kazakhstan to Indonesia. In his remarks, the Minister also promised to visit Kazakhstan next year// Trans.Steve

 

Banda Aceh to establish sharia financial institution

The Banda Aceh municipal government in Aceh plans to establish a Sharia microfinance institution in the form of a limited liability company following a discussion on regulations for the formation of the company. Member of the Local Regional Legislative Assembly Iskandar Mahmud remarked in Banda Aceh on Monday (27/11) that the plan to establish the Sharia microfinance institution was the initiative of the executive board.  Mahmud noted, the limited liability company to be formed is PT Syariah Mikirah Mualamah Micro Finance Company, which will belong to the Banda Aceh city government. Mahmud remarked that two laws will be in place to serve as a legal basis for the establishment of PT LKM Syariah Mahirah Muamalah, and two draft laws have already been discussed by the legislative and executive. In terms of the ownership of shares, he pointed out that Banda Aceh city government will have a minimum 51 percent stake in PT LKM Syariah Mahirah Muamalah, and this is a mandate of the local government law//    Voi.Ant

Indeonesia: Minister Jonan says Indonesia-Kazakhstan Must Increase Cooperation Indeonesia: Minister Jonan says Indonesia-Kazakhstan Must Increase Cooperation Reviewed by Shahid Karimi on December 01, 2017 Rating: 5

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