Bali, 7 July 2022 (TDI): The Foreign Minister of Argentina Santiago Cafiero had a bilateral meeting with his Indonesian counterpart, Retno Marsudi in Bali, Indonesia.

Foreign Minister Cafiero is in Bali for the G20 Foreign Ministers’ meeting from July 7 to 8, 2022.

Agenda of the Meeting

During the meeting, a Memorandum of Understanding on the extension of the Bilateral Consultation Forum was signed by both ministers. The MOU discusses efforts to increase cooperation between the two countries in various fields.

Foreign Ministers particularly discussed the efforts to increase cooperation in the fields of agriculture and energy. Apart from that, Foreign Minister Cafiero also expressed the interest of Argentine companies in infrastructure development projects in the new National Capital.

While discussing bilateral concerns, the Foreign Ministers also discussed a joint agenda for renewable and nuclear energy.

In addition to bilateral issues, international concerns were also on the agenda of the meeting. The two Ministers discussed the latest developments in Ukraine and their impacts on the global food supply chain, especially for developing countries.

Both the Ministers agreed on the importance of developing countries voicing the importance of ending the war immediately.

Foreign Minister Santiago Cafiero also appreciated Indonesia for its presidency of the G20 in such unprecedented times.

Argentina-Indonesia Relations

Argentina and Indonesia established formal diplomatic ties in 1956. A year later the Indonesian embassy in Buenos Aires began its operations. The Argentine embassy in Jakarta also opened its doors in 1959.

Relations between the two countries have typically been good, amicable, and increasingly intense. High-ranking officials from both nations have recently visited frequently to strengthen collaboration in different sectors.

Argentina sees Indonesia as a large potential market in the South-East Asian region and Indonesia views Argentina as a key partner in South America.

Both countries are seeking to strengthen their economies by boosting exports and diversifying their markets, shifting from traditional to non-traditional markets.