The bloc must not become a battleground for influence amid the great power rivalry between the US, China and Russia, Dr Sri Mulyani Indrawati said. Read more at straitstimes.com.
Hence, “this is really a good timing for Asean to look at recovery and sources of growth that are resilient, given the global environment which continues to be weakened, uncertain and fragmented”, she said.in April, Asean leaders had signed an agreement to push for better regional payment connectivity and the use of local currency transactions as part of efforts to reduce dependency on established currencies used for trade, such as the US dollar.
“These are the areas that we will continue to improve because we know that we cannot attract economic activities, investments and trade only because of the size of our economy, the population or our country,” she said.The support of Asean countries is invaluable in helping Indonesia achieve “open and win-win” collaboration.
“The country needs to be well governed, well run and formulate policies so that we are able to create a good and sound environment not only for Indonesia, but also for Asean and the rest of the world.” She had also served as finance minister under then President Susilo Bambang Yudhoyono in 2005, and acting coordinating minister for the economy in 2008.
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