Lupa Kata Sandi? Klik di Sini

atau Masuk melalui

Belum Memiliki Akun Daftar di Sini


atau Daftar melalui

Sudah Memiliki Akun Masuk di Sini

Konfirmasi Email

Kami telah mengirimkan link aktivasi melalui email ke rudihamdani@gmail.com.

Klik link aktivasi dan dapatkan akses membaca 2 artikel gratis non Laput di koran dan Majalah Tempo

Jika Anda tidak menerima email,
Kirimkan Lagi Sekarang

Indonesia Ready to Supply Electric Vehicle Batteries to the U.S., Says Minister

Translator

Antara

28 May 2023 09:35 WIB

TEMPO.CO, Jakarta - Indonesian Coordinating Minister for Economic Affairs, Airlangga Hartarto, expressed Indonesia's readiness to become a supplier of electric vehicle (EV) batteries to the United States (U.S.).

"Indonesia is ready to cooperate in the development of electric vehicles, especially as a supplier of electric vehicle batteries to the United States," he noted during a meeting with the U.S. Trade Minister, Gina Raimondo, on the sidelines of the Indo-Pacific Economic Framework for Prosperity (IPEF) Ministerial meeting in Detroit, the U.S., according to information received in Jakarta, Saturday.

During the meeting on May 26, Hartarto stated that Indonesia, as a country with large nickel reserves, could become a strategic partner for the US in developing EVs.

According to the U.S. Geological Survey data, Indonesia has the biggest nickel reserves, reaching 21 million tons, or equivalent to 22 percent of the global reserves. Indonesia's nickel production also ranks first, at one million tons, exceeding the Philippines, at 370,000 tons, and Russia, 250,000 tons.

U.S. Trade Minister Raimondo lauded Indonesia's support in the Indo-Pacific Economic Framework and said that cooperation in the development of EV batteries could have a major impact on both countries, especially in opening job opportunities.

"IPEF can become an entry point for investment by American businesses in Indonesia, particularly in the critical mineral, semiconductor, and high-tech sectors," she remarked.

Speaking in connection with this matter, Hartarto said that Indonesia had conducted various structural reforms, one of which was through the Omnibus Law (Job Creation Law) to increase foreign direct investment (FDI) and improve the investment climate in Indonesia.

At the meeting, the two ministers also discussed the implementation of the Inflation Reduction Act (IRA) in the U.S. and opportunities for tapping into critical mineral products from Indonesia.

Hartarto then emphasized the need for various concrete projects in Pillar III of IPEF, including the implementation of the Partnership for Global Infrastructure and Investment (PGII) in the area with sustainable infrastructure development.

It is believed that the implementation of PGII will provide domestic support for participating countries in advancing the Pillar III negotiations.

The meeting was held during a series of events attended by Hartarto at the IPEF Ministerial Meeting held on May 26-27, 2023, in Detroit, the U.S.

ANTARA

Editor's Choice: Indonesia Needs 20,000 Charging Stations to Facilitate 400,000 Electric Cars Target

Click here to get the latest news updates from Tempo on Google News



Hong Kong Promotes Muslim-friendly Tourism to Attract Indonesian Visitors

1 jam lalu

Hong Kong Promotes Muslim-friendly Tourism to Attract Indonesian Visitors

Hong Kong is one of the go-to travel destinations for tourists from Indonesia.


Indonesia Still Attractive To Investors Amid Leadership Transition: Report

7 jam lalu

Indonesia Still Attractive To Investors Amid Leadership Transition: Report

Indonesia remains attractive to foreign investors amid the government's leadership transition, Antara news agency cited a recent report.


Indonesia Commits to Strengthening Concrete Cooperation with Melanesian Spearhead Group

19 jam lalu

Indonesia Commits to Strengthening Concrete Cooperation with Melanesian Spearhead Group

Indonesia reaffirms its commitment to strengthen concrete cooperation with the Melanesian Spearhead Group (MSG).


Protecting Palestinians a Moral Imperative, Pentagon Chief Tells Israeli Counterpart

23 jam lalu

Protecting Palestinians a Moral Imperative, Pentagon Chief Tells Israeli Counterpart

U.S. Defense Secretary says that it is a moral and strategic imperative to protect Palestinian civilians in the war between Israel and Hamas.


China's Xi Jinping to Meet with American Executives on Wednesday, Sources Say

1 hari lalu

China's Xi Jinping to Meet with American Executives on Wednesday, Sources Say

China's President Xi Jinping will meet with American business leaders in Beijing on Wednesday, March 27.


Indonesia, Cambodia Eye Potential Infrastructure Cooperation

1 hari lalu

Indonesia, Cambodia Eye Potential Infrastructure Cooperation

This year marks the 65th anniversary of diplomatic relations between Indonesia and Cambodia.


Indonesia Punishes 240 Civil Servants Who Violated Neutrality in Elections

2 hari lalu

Indonesia Punishes 240 Civil Servants Who Violated Neutrality in Elections

The Indonesian government has sanctioned a total of 240 civil servants found violating their commitments to neutrality during 2024 general election.


Indonesia Holds Meeting with World Water Council to Discuss 10th WWF Readiness

2 hari lalu

Indonesia Holds Meeting with World Water Council to Discuss 10th WWF Readiness

Indonesia held a meeting with World Water Council president to discuss the Indonesian government's readiness to host the 10th WWF


Indonesia Announces 14 New National Strategic Projects

2 hari lalu

Indonesia Announces 14 New National Strategic Projects

The Indonesian Government has determined 14 new national strategic projects in a bid to actualize equitable development in the country.


Vietnam, Indonesia to Strengthen Economic Partnership Through Cutting-edge Technology Mastery

3 hari lalu

Vietnam, Indonesia to Strengthen Economic Partnership Through Cutting-edge Technology Mastery

Indonesia and Vietnam have planned to strengthen strategic economic partnerships through the mastery of cutting-edge technology.