UK trade deal with Indonesia will strengthen military ties, says LIZ TRUSS | Politics | News
Liz Truss called the rapprochement with one of the world’s fastest growing economies a “win-win”. She said: “I am proud to launch our new UK-Indonesia roadmap, which will boost our cooperation like never before. “It’s fundamentally a win-win. It means providing jobs and opportunities for Britons in industries of the future across our country, such as electric cars and green tech. Ms Truss said the deal would strengthen relations security and defense with Indonesia.
This will include a new defense cooperation plan and joint training, while jungle warfare exercises with the British military are also in the works.
The move will also strengthen the fight against terrorism and cybersecurity between the UK and Indonesia.
The agreement, personally signed by the foreign minister, will also support a free and open Indo-Pacific. It will strengthen collaboration on investment in infrastructure projects and sustainable industries.
The deal will mean closer ties to Indonesia’s economy, which is expected to more than quintuple its GDP, with 532% growth expected between 2020 and 2050.
Indonesia is one of the most populous countries in the world and is expected to have the world’s fourth largest economy by 2050.
The ties will also be strengthened by the UK’s offer of over £4 billion to fund long-term projects, and by the revived UK international investment program entering the South Asian market. Is later this year.