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Indonesian president Joko Widodo has received the backing of German chancellor Olaf Scholz for a European Union-Indonesia trade agreement and has met with heads of Volkswagen and BASF regarding investment in Indonesia’s plans of developing a car battery “ecosystem”, the Indonesian government said.
President Jokowi met with three European company leaders at the Kastens Luisenhoff Hotel, Hannover, Germany, Sunday (16/04/2023). (Photo: BPMI Setpres)
The president, also known as Jokowi, was in Germany over the weekend for the Hanover Fair - of which Indonesia is the partner country for 2023.
Enthusiasm in some markets doesn't translate to share price gains
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