ASIA NEWS NETWORK
WE KNOW ASIA BETTER
Indonesia, Singapore aim to strengthen ties
Publication Date : 22-08-2013
Singapore aimed to boost its cooperation and partnership with Indonesia, the Singapore Ambassador to Indonesia, Anil Kumar Nayar, said on Wednesday.
Nayar was speaking at a reception on the occasion of the 48th National Day of the Republic of Singapore in Jakarta on Wednesday, during which he said Indonesia was one of the city state's largest trading partners.
“Despite the ongoing global economic crisis, relations between the two countries continue to be robust,” Ambassador Nayar said.
He said Singapore was the largest foreign direct investor in Indonesia for the fourth consecutive year with a total realised investment of US$4.9 billion in 2012.
“This trend should continue as Singaporean investors have invested $2 billion in Indonesia in the first half of this year,” he said.
The ambassador added that bilateral trade had also been steadily increasing, making Indonesia Singapore’s third-largest trading partner.
“This clearly demonstrates Singapore’s commitment and confidence in Indonesia’s long-term growth, stability and success,” Nayar said.
Representing the Indonesian government at the reception, Defence Minister Purnomo Yusgiantoro said Indonesia and Singapore had enjoyed a very good relationship for 46 years and relations between the two countries was growing stronger.
The 48th National Day of the Republic of Singapore, which was celebrated in Jakarta, Batam and Medan, North Sumatra, was themed “Many Stories, One Singapore”.
“For Singaporeans, today’s reception is a reminder that despite our differences, there are joint experiences and memories that bind us together,” Nayar added.