The 12th World Islamic Economic Forum (WIEF) opened in Jakarta, Indonesia’s capital city, on August 2 with the attendance of more than 2,500 delegates, including many heads of state.
Delegates at the World Islamic Economic Forum that opens in Jakarta, Indonesia on August 2. (Source: VNA)
Jakarta (VNA) – The 12th World Islamic Economic Forum (WIEF) opened in Jakarta, Indonesia’s capital city, on August 2 with the attendance of more than 2,500 delegates, including many heads of state, from more than 100 countries.
Speaking at the opening ceremony, Indonesian President Joko Widodo stressed that the world’s economy has been slowing down and facing instability, and so the WIEF needs consensus from Islamic countries to deal with these challenges.
He also affirmed the potential and huge strength of the Islamic community on the world economy.
President Widodo said Islamic countries should train a generation of young people tough enough to face competition from industries in the world, as well as focus on important issues in the community such as health and food at a reasonable price.
Meanwhile, President of the WIEF Fund Tun Musa Hitam said innovative industries, Islamic tourism and Halal food are the sectors benefiting from the quickly growing Islamic economy and the opportunities might be bigger when cooperating with the international community.
Vietnam’s delegation, led by Deputy Minister of Industry and Trade Do Thang Hai, attended the forum for the first time, showing that Vietnam appreciated the Islamic countries’ efforts in organising the forum and their contributions to the regional and global economy, as well as to peace, security and cooperation for development.
Vietnamese participants will get involved in discussions on regional cooperation, international cooperation and the private sector’s role in making ASEAN’s policies and mechanisms to connect its member states with Islamic countries.
Indonesian President Joko Widodo announced on July 27 his second cabinet reshuffle after two years in office with a view to increasing the effectiveness of the government’s activities.
The governments of Vietnam and Indonesia are proposed to extend by five years the Memorandum of Understanding (MoU) on navigation and fisheries cooperation inked by the two countries in January 2010.
Deputy Minister of Agriculture and Rural Development Vu Van Tam led a Vietnamese delegation to the Southeast Asia and Pacific Regional Fisheries Summit held in Jakarta, Indonesia on July 28.
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Thai Permanent Secretary of the Ministry of Commerce Vuttikrai Leewiraphan Thailand's formal proposal will be substantial enough for the US to consider further detailed negotiations. He hoped for a tariff rate not exceeding 10% and suggested that the US might extend the negotiation period if an agreement is not reached by the July 8 deadline.
Organised by the Ministry of Culture and the Association of Thai Silk & Culture Promotions, the event honors Her Majesty the Queen on her 47th birthday anniversary and promotes Thai craftsmanship on an international stage.
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The lab focuses on four key thematic areas: energy transition and green innovation, sustainable agriculture, circular economy and sustainable cities, and nature-based solutions and biodiversity.
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Efforts to empower women must transcend dialogue and translate into concrete commitments, including corporate pledges and government partnerships, according to the spouse of Malaysian Prime Minister Anwar Ibrahim.
The forum featured two in-depth discussion sessions, engaging representatives from governments, think tanks, and businesses from both ASEAN and China, on how to forge closer ties for a common future.
The new FIFA Hub in Jakarta will not only support football development in Indonesia but also serve as a coordination centre for 21 football associations across Southeast and East Asia.
Minister Counselor Nguyen Hoang Nguyen reaffirmed Vietnam’s principled and consistent stance on the Palestine issue, calling for an immediate and lasting ceasefire across the entire Gaza Strip.
PM Anwar Ibrahim affirmed the determination of Malaysia, as ASEAN Chair for 2025, to utilise all viable regional mechanisms of the bloc and work with partners to de-escalate violence and restore a peace process led by Myanmar.
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The Ministry of Commerce reported that imports also rose 18% to 29.9 billion USD during the same period, resulting in a trade surplus of 1.1 billion USD. In May alone, Thailand posted a 4.6 billion USD trade surplus with the US and a 4.1 billion USD trade deficit with China.
The World Bank will provide a 2.1 billion USD financing package for Indonesia, focusing oncreating jobs, stimulating economic growth, and enhancing access to clean energy across the country.