Hong Kong and Indonesia have signed 15 non-binding agreements in a range of areas, including green finance, maritime services, meteorology, aerospace, and the promotion of sustainable finance.
The agreements were signed during a visit by Hong Kong's Chief Executive John Lee to Jakarta, as he touted the importance of Asean ties in buffering against economic headwinds.
During his week-long regional tour, Mr. Lee met with Indonesian President Joko Widodo and said that he saw "eye to eye" with the president on cooperation.
He added that the agreements signed were a "good start" for deeper collaboration between the two countries.
The agreements signed cover a range of areas, including green finance, maritime services, meteorology, aerospace, and the promotion of sustainable finance.
The signing of these agreements is expected to further strengthen the relationship between Hong Kong and Indonesia, and promote economic development in both countries.
The signing of these agreements is also seen as a move by Hong Kong to deepen its ties with Asean countries, as the city seeks to buffer against economic headwinds caused by the COVID
-19 pandemic and other global economic challenges.
In addition to the agreements signed, Mr. Lee also visited the construction site for Jakarta's high-speed rail station, which is being built with the help of Hong Kong companies.
The high-speed rail line is expected to be a major boost for economic development in both countries, connecting the cities of Jakarta and Bandung in just 30 minutes.
Overall, the visit by Chief Executive John Lee to Indonesia is seen as a significant step towards deeper collaboration between the two countries, and is expected to bring economic benefits to both Hong Kong and Indonesia.