Latest news with #KADIN
Associated Press
3 days ago
- Business
- Associated Press
Inaugural Global Business Summit in Jakarta convened to advance sustainable BRI Infrastructure Cooperation for SDGs
JAKARTA, Indonesia, May 30, 2025 /PRNewswire/ -- The 'Inaugural Global Business Summit on Belt and Road Infrastructure Investment for Better Business Better World and Sustainable Development Goals' (the Summit) officially opened on May 25 in Jakarta. The Summit is co-hosted by the Government of Indonesia, the United Nations Global Compact 'Sustainable Infrastructure for the Belt and Road Initiative to Accelerate the SDGs' Action Platform (UN Global Compact BRI for SDG Action Platform), THK Forum, United in Diversity Foundation (UID), the Indonesian Chamber of Commerce and Industry (KADIN), UN Global Compact Network Indonesia (IGCN), International Chamber of Commerce (ICC), and the Sustainable Development Solutions Network (SDSN). In keynote addresses, UN Under-Secretary-General Li Junhua emphasized the imperative for 'low-carbon, resilient, and universally accessible infrastructure' while the UN Assistant Secretary General, and Executive Director of UN Global Compact Sanda Ojiambo outlined four strategic priorities for businesses: adopting science-based decarbonization targets, prioritizing circular economy principles, engaging local communities, and leveraging blended finance. Xiamen Airlines Chairman Zhao Dong highlighted the pivotal role of aviation connectivity in advancing the 'Air Silk Road'. The summit yielded substantive outcomes, including the launch of the report Transition Finance for Sustainable Development of Traditional Industries and nine cross-sector initiatives spanning green energy transition, SME empowerment, and global health cooperation. A landmark Joint Statement by the UNGC BRI for SDG Action Platform High-Level Steering Committee reaffirmed BRI's role as a global public good for infrastructure investments and business participation, committing to sustainable development through responsible business and multi-stakeholder partnerships across sectors including healthcare, energy, telecommunications, construction, manufacture, transportation, food, agriculture and digital infrastructure. Four expert roundtables addressed critical themes: sustainable supply chains in green minerals, healthcare innovation, ESG compliance, and green industrial park development. Marking the 75th anniversary of China-Indonesia diplomatic ties, UN resident coordinator's office in Indonesia and China joined hands with UN Global Compact company participants to co-launch Sino-Indonesia Corporate Communities Action Network for sustainable development to enhance sustainable communities and SDGs. Business leaders endorsed establishing an annual business summit mechanism to ensure BRI projects align with SDGs and promote international standard and private sector best practices. The summit concluded with a unified call to action, underscoring shared responsibility in building an inclusive, climate-resilient future through strengthened BRI collaboration. This inaugural event has established a new paradigm for public-private partnerships in sustainable infrastructure development, setting the stage for long-term, principled cooperation. Photo - Logo - View original content to download multimedia: SOURCE UN Global Compact
Barnama
25-05-2025
- Business
- Barnama
Indonesia's Prabowo Hails China's Support For Palestine
JAKARTA, May 25 (Bernama) -- Indonesian President Prabowo Subianto praised China's support for developing nations and its long-standing advocacy for the Palestinian cause. 'To this day, China's leadership - particularly in defending the rights of the Palestinian people - remains an inspiration to us all,' he said during the Indonesia–China Business Reception 2025, held in Central Jakarta on Saturday evening. The event, hosted by the Indonesian Chamber of Commerce and Industry (KADIN), was attended by Chinese Premier Li Qiang, who arrived in Indonesia on Saturday for a three-day official visit. Prabowo also emphasised the strategic importance of Indonesia's partnership with China, calling the relationship crucial for safeguarding regional peace and stability. 'The relationship between Indonesia and China is highly strategic, deeply important, and greatly promising, with the potential to shape the course of peace and stability throughout our region,' he said. Prabowo praised China's ancient civilisation and enduring cultural values, highlighting its emphasis on 'the common good, mutual benefit' and its pursuit of peace and harmony. He acknowledged China's historical support for global liberation movements, even during its own early stages of development, and expressed admiration for Beijing's ongoing opposition to oppression, imperialism, colonialism, and apartheid. In official remarks released by the Presidential Secretariat, Prabowo reaffirmed his commitment to safeguarding and advancing progress in bilateral relations. He called for broader cooperation beyond trade to include education, healthcare, tourism, and scientific research.
Fibre2Fashion
06-05-2025
- Business
- Fibre2Fashion
Indonesia's KADIN lobbies US NCC for lower tariff on garment exports
Indonesia's Chamber of Commerce and Industry (KADIN) is lobbying the US National Cotton Council (NCC), hoping to help the former's garment product exports enjoy the lowest US import tariff possible. The chamber is considering a deal with NCC in which the former purchases US-made processed cotton and exports the final garment product back to the United States. It expects a lower tariff, zero per cent if possible, through this scheme, according to KADIN chief Anindya Bakrie. Indonesia's Chamber of Commerce and Industry is lobbying the US National Cotton Council (NCC), hoping to help the former's garment exports enjoy the lowest US import tariff possible. It is considering a deal with NCC in which the former purchases US-made processed cotton and exports the final garment product back to the US. It also requested NCC to help lobby the US government through the USTR. Bakrie discussed the proposal while meeting NCC vice president Robbie Minch in Washington D.C. recently. He also requested NCC to help lobby the US government through the US trade representatives (USTR). Bakrie is optimistic for open cooperation opportunities with NCC though US-made cotton is facing stiff competition against China and Brazil, an Indonesian news agency reported. A balanced trade will enhance export opportunities for Indonesia-made garments, footwear and electronics to the United States, he said. 'This will not only support business growth but also benefit entrepreneurs and factory workers across the country,' he added. Fibre2Fashion News Desk (DS)
