Indonesia pulls for Qatar at Bali summit

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A special envoy from Indonesia met with Qatar’s Prime Minister and Foreign Minister H.E. Sheikh Hamad bin Jassim bin Jaber Al Thani on September 27 to extend a formal invitation to the fifth Bali Democracy Forum (BDF 2012) to be held on November 8 in Bali, Indonesia.

Qatar’s emergence as a regional trade and investment hub, as well as its influential role as a destination for major international events, has placed the peninsula on the radar of business and diplomatic missions.

The small peninsula in the Gulf has shepherded a soaring economy buoyed by hydrocarbon dependency, an industry that made the country of 1.87 million privilege to a role as a global growth leader, expanding 14.3 per cent in 2011, which was the second fastest in the world behind Ghana.

However, shrinkage in the hydrocarbon industry has led to major regional banks predicting slumped growth this year of 6 per cent, according to the IMF, prompting Qatar to seriously prioritise economic diversification.

“Qatar has really managed to diversify its economy to the extent that many countries across the world, including Indonesia, are seeking to partner on a number of projects. And, we are hoping to strengthen the existing bilateral relations between Qatar and Indonesia,” visiting Indonesia’s Ministry of Foreign Affairs secretary general Budi Bowoleksono told Gulf Times.

On the top of the agenda was discussion about the BDF, originally launched in 2008, which aims to espouse high-level discussion about political development through the strengthening of inclusive democratic institutions.

Qatar’s presence at the summit will likely further Indonesia-Qatar relations, promoting business cooperation in the meantime.

“Through our embassy here and the ambassador Deddy Saiful Hadi, we are making efforts to woo Qatari investors to Indonesia because we believe that we have the resources and the population – around 240 million people,” Bowoleksono said.

“Our environment is very conducive for business and investments because we have very good trade regulations,” he continued.

 

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Reading Time: 2 minutes

A special envoy from Indonesia met with Qatar’s Prime Minister and Foreign Minister H.E. Sheikh Hamad bin Jassim bin Jaber Al Thani on September 27 to extend a formal invitation to the fifth Bali Democracy Forum (BDF 2012) to be held on November 8 in Bali, Indonesia.

Reading Time: 2 minutes

A special envoy from Indonesia met with Qatar’s Prime Minister and Foreign Minister H.E. Sheikh Hamad bin Jassim bin Jaber Al Thani on September 27 to extend a formal invitation to the fifth Bali Democracy Forum (BDF 2012) to be held on November 8 in Bali, Indonesia.

Qatar’s emergence as a regional trade and investment hub, as well as its influential role as a destination for major international events, has placed the peninsula on the radar of business and diplomatic missions.

The small peninsula in the Gulf has shepherded a soaring economy buoyed by hydrocarbon dependency, an industry that made the country of 1.87 million privilege to a role as a global growth leader, expanding 14.3 per cent in 2011, which was the second fastest in the world behind Ghana.

However, shrinkage in the hydrocarbon industry has led to major regional banks predicting slumped growth this year of 6 per cent, according to the IMF, prompting Qatar to seriously prioritise economic diversification.

“Qatar has really managed to diversify its economy to the extent that many countries across the world, including Indonesia, are seeking to partner on a number of projects. And, we are hoping to strengthen the existing bilateral relations between Qatar and Indonesia,” visiting Indonesia’s Ministry of Foreign Affairs secretary general Budi Bowoleksono told Gulf Times.

On the top of the agenda was discussion about the BDF, originally launched in 2008, which aims to espouse high-level discussion about political development through the strengthening of inclusive democratic institutions.

Qatar’s presence at the summit will likely further Indonesia-Qatar relations, promoting business cooperation in the meantime.

“Through our embassy here and the ambassador Deddy Saiful Hadi, we are making efforts to woo Qatari investors to Indonesia because we believe that we have the resources and the population – around 240 million people,” Bowoleksono said.

“Our environment is very conducive for business and investments because we have very good trade regulations,” he continued.

 

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