Indonesian President Wages War on Corruption to Attract Australian Investment

Indonesian President Susilo Bambang Yudhoyono has made it clear that he is personally committed to tackling corruption in his country as he seeks to attract greater Australian business investment. With Indonesia's increasing political stability since his election last year, President Yudhoyono believes that his country is poised for stronger, closer, and better relations with Australia. He has declared war on corruption and terrorism, promising to create a more stable and secure environment for businesses. The president and Australian Prime Minister John Howard have signed a partnership agreement covering economic and security links, which he believes will strengthen the already significant ties between the two countries.

Key Takeaways:

• Indonesian President Susilo Bambang Yudhoyono is personally leading the fight against corruption in his country to attract more Australian business investment.
• President Yudhoyono has declared war on corruption and terrorism, recognizing the critical role it plays in creating a stable and secure environment for businesses.
• He and Australian Prime Minister John Howard have signed a partnership agreement covering economic and security links, which is expected to strengthen the already significant ties between the two countries.
• The agreement is designed to foster greater business-to-business relations between Indonesia and Australia.
• Indonesian President Yudhoyono believes that the country is poised for stronger, closer, and better relations with Australia due to its increasing political stability.
• The partnership agreement covers various areas, including economic links and security measures.
• President Yudhoyono emphasized the importance of people-to-people interactions, including student exchange programs and increased trade between the two countries.

Statistics:

• Indonesia's political stability has improved significantly since President Yudhoyono's election last year.
• The Indonesian President has declared war on corruption and terrorism, a major priority in his efforts to create a stable and secure environment for businesses.
• The partnership agreement aims to strengthen the already significant economic and business ties between Indonesia and Australia, which have been resilient despite the ups and downs of diplomatic relations.

Sources:

• "Indonesian President Wages War on Corruption to Attract Australian Investment." Asia Pulse, April 5, 2005.