Business

UAE opens special travel corridor to facilitate $22.9bn Indonesian trade deal

Historic $22Bn new trade deal opens up travel corridor between #UAE and #Indonesia

Indonesia and the United Arab Emirates (UAE) announced the creation of a temporary travel corridor to allow business and diplomatic trips to take place in relation to one of the southeast Asian country’s biggest investment deals.

The agreement was reached by Indonesian Minister for Foreign Affairs Retno Marsudi and her UAE counterpart, Abdullah bin Zayed Al-Nahyan, on Wednesday evening.

During a visit to Abu Dhabi in January, Indonesian President Joko Widodo secured energy, infrastructure, and agriculture investments worth $22.9 billion in what has officially been described as the biggest trade deal in the country’s history.

“The safe travel corridor arrangement between Indonesia and the UAE is now in effect,” Marsudi said during a virtual press briefing. The minister added that travel would be allowed for essential businesspeople, government officials, and diplomats, in accordance with strict pre-departure and post-arrival health protocols to prevent the spread of the coronavirus disease (COVID-19).

The UAE Ambassador to Indonesia, Abdullah Salem Obeid Al-Dhaheri, who also attended the media conference, said the Indonesian and UAE governments had felt it an urgent priority to provide an avenue for cooperation, despite the COVID-19 pandemic.

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