UPCOMING EVENT: Indonesia-Belgium Business Forum – Sustainable Futures: Accelerating Green Transition Through Indonesian-Belgian Partnerships

UPCOMING EVENT: Indonesia-Belgium Business Forum – Sustainable Futures: Accelerating Green Transition Through Indonesian-Belgian Partnerships

UPCOMING EVENT: Indonesia-Belgium Business Forum – Sustainable Futures: Accelerating Green Transition Through Indonesian-Belgian Partnerships

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The Embassy of the Republic of Indonesia in Brussels, Belgium, accredited to Luxembourg and the European Union and the European Institute for Asian Studies (EIAS) have the pleasure of organising the “Indonesia ‒ Belgium Business Forum: Sustainable Futures ‒ Accelerating Green Transition Through Indonesian-Belgian Partnerships”, on Wednesday, 5 June 2024 in Brussels, Belgium.

BY INVITATION ONLY

INDONESIA – BELGIUM BUSINESS FORUM
Sustainable Futures: Accelerating Green Transition Through Indonesian-Belgian Partnerships
Wednesday, 5 June 2024

Indonesia and Belgium are celebrating their 75th anniversary of diplomatic relations this 2024. Belgium also began its Presidency of the European Union from January to June 2024. During its presidency, Belgium has been prioritizing pursuing a green and just energy transition and strengthening public health resilience. Moreover, Belgium is among the leading investment partners in Indonesia from the European region. In 2023, the total value of Belgian investment in Indonesia was recorded at USD 98.9 million, realized in 498 projects. Most of the Belgian investment in Indonesia is in the plantation and livestock, food, and textile sectors.

In terms of trade, the total bilateral trade between 2020 and 2022 showed an auspicious future for Indonesia–Belgium economic relations. More specifically, it has reached a 62% increase from 1.75 billion USD in 2020 to 2.83 billion USD in 2022, surpassing the pre-pandemic level. Indonesia’s commodities, such as footwear, rubber, palm oil, furniture, coffee, iron, and steel, have supported the Belgian industry and its supply chain. Therefore, in light of Indonesian and Belgian milestones, this Indonesia-Belgium Business Forum will be organised in June. The Forum’s aim is to explore and expand the potential for inbound and outbound trade between Indonesia and Belgium, supporting development efforts and achieving investment targets in various projects highlighting Indonesia’s efforts for energy transition efforts and downstream of critical minerals. The Forum reflects the collaborative efforts between Indonesia and Belgium to achieve sustainable development goals and foster green transition initiatives. It emphasises the shared commitment to environmental sustainability and highlights the potential for mutual benefit through bilateral trade and investment in green technologies, renewable energy, sustainable infrastructure, and eco-friendly practices. The forum will serve as a platform for stakeholders from both countries to exchange ideas, explore opportunities, and forge partnerships that contribute to building a more sustainable and resilient future for generations to come.

The forum will bring together key stakeholders from both countries and the EU, including government officials, state-owned enterprises, business leaders and private companies. It will thereby provide a platform not only for exchanging information and ideas, but also for strengthening partnerships, expanding networks, exploring new opportunities and realizing tangible outcomes.

Photo credits: Pixabay

To register for this event please visit the following URL:

 

Date And Time

05-06-2024 to
05-06-2024
 

Registration End Date

04-06-2024
 

Location

Online event

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