Updated: 03/06/2013 02:24 | By Agence France-Presse

Indonesian president urges EU to boost economy

Indonesian President Susilo Bambang Yudhoyono urged the European Union on Tuesday to help kickstart the slowing global economy, following talks with German Chancellor Angela Merkel.


Indonesian president urges EU to boost economy

Indonesian president urges EU to boost economy

"We hope from the perspective of Asia that the economic difficulties of Europe, above all in some countries, can be solved as soon as possible...," Yudhoyono told a joint news conference with Merkel.

"Europe is an important pillar in the world economy, like the US and Asia," the Indonesian leader said in comments that were made through an interpreter.

He said it was even more important "since the economy of the BRICS countries is also slowing, above all in China, India and Brazil" and that the effects were felt in many countries.

The BRICS group also includes Russia and South Africa.

Yudhoyono also expressed hope that Europe and the US would "undertake a lot" to help boost growth, adding that Asia would also make efforts.

Turning to a future free trade agreement between Asia and the EU, the Indonesian president stressed the need to couple trade and investment, saying the two aspects could not be separated.

Merkel said that she backed the signing of a free trade accord initially between the EU and Indonesia ahead of a wider agreement between the EU and Asia.

Merkel told reporters she had "nothing against it happening with Asia but as a start it was concentrated" on Indonesia, and added: "If one were to have EU-Indonesia, one would have an important component."

Latest Photo Galleries on xinmsn

NEWS VIDEOS

MORE NEWS VIDEOS

facebook recommendations

LIVE NEWS RADIO STREAMING

  • 938 Live

    938LIVE is Singapore's only English news and talk station which transmits round the clock with an engaging and enticing spread of programmes on current affairs, health, business and lifestyle as well as news every half hour until midnight.

  • Capital 958


    95.8FM城市频道的前身是"第三广播网"。上个世纪30年代末,新加坡就有中文广播,一路走来经过不少政治,社会局势的改变,中文广播在本地一直扮演举足轻重的角色。