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Indonesia wants to joint Trans-Pacific Partnership

Xinhua, October 27, 2015 Adjust font size:

Indonesian President Joko Widodo on Tuesday expressed the country's willingness to join the Trans-Pacific Partnership (TPP) deal that was reached between the United States and 11 Pacific Rim countries earlier this month.

President Widodo made the statement after having talks with President Barack Obama at White House in the United States, a statement from Indonesian presidential palace said here on Tuesday.

"Indonesia intents to joint Trans-Pacific Partnersip," President Widodo said in the statement.

This is the first time the Southeast Asia'a biggest economy seriously express willingness to join the partnership.

Countries grouped in the TPP included the United States, Japan, Canada, Australia, Singapore, Malaysia, Peru, Vietnam, New Zealand, Brunei Darussalam, Chile and Mexico.

Widodo has undertaken significant reform to lure more foreign investors and revive the economy.

The president has unveiled a raft of policies so called massive economic stimulus package, including deregulation and simplification of procedures and rules in investing in Indonesia, as well as slashing huge fuel subsidies to free up funds for infrastructure. Endit