November 15, 2022
2 mins read

UAE & Indonesia partner on climate action, infra development

The agreements included an MoU between the Abu Dhabi National Oil Company (ADNOC) and Kilang Pertamina Internasional on cooperating in the petrochemical sector…reports Asian Lite News

President Sheikh Mohamed bin Zayed Al Nahyan and President Joko Widodo of Indonesia have witnessed the announcement of numerous Memoranda of Understanding (MoUs) and agreements that aim to strengthen economic, environmental and technological cooperation between the two countries.

The agreements – announced at the Bali Nusa Dua Convention Centre in Bali – included an MoU on the partnership between the two countries on climate action to prepare for COP28, as well as several MoUs on their cooperation in the areas of the environment and climate change, infrastructure development and artificial intelligence (AI).

They also included an MoU in the area of cybersecurity, an agreement on the mutual recognition of economic accreditations, as well as a grant agreement on financing a tuberculosis control programme in Indonesia.

The agreements included an MoU between the Abu Dhabi National Oil Company (ADNOC) and Kilang Pertamina Internasional on cooperating in the petrochemical sector; an MoU between Borouge and Chandra Asri Petrochemical on the circular economy and the development of new applications; a joint development agreement between Inalum and Emirates Global Aluminium (EGA); and an agreement between the Abu Dhabi Future Energy Company (Masdar) and Pertamina Power Indonesia on developing a solar power plant in the Rokan Block.

They also included an MoU between Masdar, the Indonesian Investment Authority and Pertamina Power Indonesia on renewable energy and storage; a collaboration agreement on healthcare performance analytics between ASAREN Indonesia and G42 in the area of AI; and an MoU on national genome initiatives between ASAREN Indonesia and G42 Healthcare.

Meeting with biz leaders, officials

President Sheikh Mohamed also met a number of Emirati and Indonesian officials and business leaders taking part in the B20 Summit in Bali, Indonesia. He was accompanied by President Joko Widodo of Indonesia.

The Business 20 (B20) forum takes place around the G20 Summit and is tasked with formulating policy recommendations that are then delivered to the G20 Presidency.

His Highness Sheikh Mohamed and the attendees discussed the strong bilateral relations that exist between the UAE and Indonesia, and the various incentives for attracting further investment and facilitating collaboration.

ALSO READ: US says UAE is a committed partner for climate actions

Previous Story

US says UAE is a committed partner for climate actions

Next Story

Pak-Afghan border shut amid tensions

Latest from -Top News

Sudan army pulls out as RSF seizes El-Fasher

al-Burhan made the announcement late on Monday, a day after the RSF claimed to have captured the main Sudanese army base in el-Fasher….reports Asian Lite News Sudan’s army chief, General Abdel Fattah

India vigilant as Nepal faces political uncertainty

Indian agencies suspect that external elements are making attempts to create a political vacuum in the country. …reports Asian Lite News India is closely monitoring political developments in Nepal, emphasising that stability

India vows stronger maritime ties with ASEAN

Conveying Prime Minister Narendra Modi’s warm greetings on the 20th anniversary of the East Asia Summit (EAS), he said India deeply values the members’ contributions to regional peace, progress, and prosperity….reports Asian

Piyush Goyal in Brussels as India, EU push FTA talks

Goyal’s visit reflects India’s steadfast commitment to deepening engagement with the European Union…reports Asian Lite News Commerce and Industry Minister Piyush Goyal on Monday met EU Commissioner for Trade and Economic Security

Shutdown Turmoil Grounds Thousands of US Flights

On Sunday alone, over 8,700 flights were delayed, according to FlightAware, as staffing shortfalls continue to mount…reports Asian Lite News More than 4,000 flights across the US were delayed on Monday, with
Go toTop

Don't Miss

UAE completes FATF recommendations

Sheikh Abdullah added, “The UAE’s economy is one of the

UAE Vice President honours Sierra Leone Minister with Best Minister Award

Dr. Sengeh had developed a Covid-19 emergency plan to provide