Opening Remarks by Mr Sofjan Wanandi, Chair of the Indonesian Employers Association (APINDO) ASEAN Latin America Business Forum 2012 9 July 2012, Shangri La Hotel, Jakarta

Your Excellency, Mr Jose Luis Silva Martinot, Ministry of Trade and Tourism of Peru

Your Excellency, Mr Gita Wirjawan, Minister of Trade of Indonesia

Your Excellencies - Ministers and Ambassadors of ASEAN and Latin American countries

Mr Suryo Sulisto, Chairman of the Indonesian Chamber of Commerce and Industry

Mr Murillo Fereira of Vale International

Mr Bagas Hapsoro, Deputy Secretary General of ASEAN

Distinguished Business Leaders, Senior Officials and Scholars

Ladies and Gentlemen On behalf of the Indonesia Employers Association (APINDO), I would like to add my welcome to you all.

We extend a special welcome to those of you who have travelled long distances to come to Indonesia for this Forum. I encourage you to take some extra time to see more of Indonesia and ASEAN during your stay so that you can gain a better understanding of the opportunities and challenges we are discussing here in the hotel.

Ladies and Gentlemen, as the President has said, we are both regions of great opportunity and even greater potential. It is natural that we should focus on how we can develop our economic and business ties. And it is sensible that we should step up our own cooperation at this time as many of our established markets in the developed world are struggling with major structural challenges and a return to growth.

Over the next two days, I hope that we can identify some very concrete steps to forge these business links.

In doing this, I think we have to be very practical.

The reality is, that except for a few pioneering businesses, we know little about each other. We therefore have a big task ahead to address the challenges in knowledge as well as developing the channels to do business.

We in business cannot do this on our own. We need real cooperation between business and government and, I must say with our scholars as well, to identify the priorities and the steps that we need to take.

And whether it is through cross investment, trade in finished and processed products or resources, the sharing of technology or developing new transport links, we need to establish the market incentives for business to cross the Pacific.

We should do this with a practical and sustainable agenda. I hope that from this Forum and in the follow up we can focus on a few key priorities and initiatives for action. This will give us the confidence and the momentum for further progress.

We in the Indonesian business sector are committed to work on these issues and to help our business friends in Latin America to navigate through Indonesia and ASEAN.

Indonesia, like many of your economies, is undergoing significant reforms and new opportunities are emerging every day. My business colleagues here will be pleased to tell you more about them. As experienced businessmen and women who are familiar with working in emerging markets, I am sure they will also want to learn more about the opportunities to do business in Latin America.

Ladies and Gentlemen, let me close by thanking our sponsors for this Forum. Among them are companies that are successfully operating on both sides of the Pacific and we can learn much from them and their commitment.

Thank you.


Jul 09 2012 |