Tim Ayres, Assistant Minister for Trade and Manufacturing of Australia, is scheduled to visit Indonesia this week, aiming to strengthen trade and investment relations between the two countries. Ayres emphasized Indonesia's significance with a population exceeding 270 million and its projected position as one of the world's largest economies by 2040. He expressed Australia's interest in becoming a part of Indonesia's growth story, recognizing the strategic positioning for collaboration. During his visit, Ayres is set to meet with various Indonesian cabinet members and the Indonesia Investment Authority, engaging in discussions on strategies to unlock economic opportunities for both nations and the region. In Jakarta, Ayres will address the Foreign Policy Community of Indonesia forum, shedding light on the potential of Australia-Indonesia relations. Additionally, he will engage with Indonesian and Australian business leaders and investors to gather insights on enhancing economic partnerships. Ayres plans to visit a milk production project supported by the Australian Centre for Agricultural Research (ACIAR) and KONEKSI, a collaboration addressing water and energy resilience between Australia and Indonesian universities.
Highlighting Australia's commitment, Ayres affirmed their full cooperation with Indonesia to realize the economic potential of their relationship. The collaboration aims to support exporters in diversifying trade within this crucial market. The visit underscores both countries' dedication to fostering economic ties, exploring avenues for growth, and aligning strategies to harness the economic potential of their partnership.
