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

Trump Targets BRICS Allies with New Tariff

This move coincides with the ongoing BRICS summit being held in Rio de Janeiro, Brazil…reports Asian Lite News US President Donald Trump has announced that an additional 10 per cent tariff will

BRICS Endorses India’s Stand on Terror

The treaty proposed by India within the UN framework aims to provide a comprehensive legal basis for combating terrorism….reports Asian Lite News The leaders’ joint statement, issued after the 17th BRICS summit

BRICS Slams US Tariff Hikes

The leaders criticised developed nations for using environmental issues to justify trade restrictions on developing countries….reports Asian Lite News Rio de Janeiro, July 7 (IANS) Embroiled in a trade war launched by

US Tariffs Pushed to August Amid Talks

In April, Trump announced a base tariff of 10 per cent on most of America’s trading partners and thereafter additional duties ranging up to 50 per cent….reports Asian Lite News US President

Indonesia Joins BRICS Bloc

This year’s BRICS Summit saw an expanded format, reflecting the grouping’s growing relevance in international affairs….reports Asian Lite News Prime Minister Narendra Modi formally welcomed Indonesian President Prabowo Subianto into the BRICS
Go toTop

Don't Miss

World Governments Summit unveils 2024 agenda

Under the theme of “Shaping Future Governments”, this year’s summit

‘World has small window for major course correction’

Al Jaber also continued his calls to expand partnerships and