Indonesia hopes that next year RCEP, the largest economic integration in the world, can be signed

"Indonesia is committed to turning 'hot peace' into productive peace," stressed the Indonesian Foreign Minister, Retno L.P. Marsudi when delivering a keynote speech at the Conference on Foreign Policy of Indonesia, themed Cooling off the Hot Peace: Strategic Opportunities and Economic Remedies for a Distressful World in Kasablanca City, Jakarta, on Saturday.

Foreign Minister Retno was convinced that the world could cool the hot global situation. "Like compactness in line dance, joint efforts are needed to cool down this hot peace," added the Indonesian Foreign Minister.

During her visit to Busan and Nagoya some time ago, the Indonesian Foreign Minister saw 'hot peace' marked by the great concern about the world situation politically and economically.

Geopolitical and geoeconomic competition continues to taper. There are also fears of a downward trend in the world economy.

"But in the midst of a downturn in the world economy, ASEAN is still a" bright spot," the Foreign Minister quoted IMF Managing Director, Kristalina Georgieva as saying. ASEAN countries contribute 10 percent of global growth.

Although world economic growth is slowing down, by 2018 ASEAN economic growth will still reach an average of 5.1 percent.

Specifically, it was underlined that ASEAN represented opportunities and regional stability. ASEAN-led mechanisms such as ASEAN + 1, ASEAN + 3 and EAS have encouraged dialogue and economic interdependence.

ASEAN leaders have adopted the ASEAN Outlook on the Indo-Pacific as an effort to advance dialogue and openness and to enhance practical cooperation.

The Indonesian Foreign Minister reiterated that creating economic integration also meant creating an effective platform to cool the hot world situation.

"Indonesia hopes that next year RCEP, the largest economic integration in the world, can be signed," the Foreign Minister added.

Indonesia will continue to promote the principles of democracy, the promotion and protection of human rights as well as rules-based orders and foster the values ​​of diversity of tolerance and peace.

The Indonesian Foreign Minister closed the opening with a call to all participants, mostly millennial generation to join together to turn a hot peace into a productive peace.

The Conference on Indonesian Foreign Policy which is the largest annual foreign policy conference in the world was initiated by the Foreign Policy Community of Indonesia (FPCI) which was established by Ambassador Dino Pati Djalal.

Also present as speakers at the conference included former President of Timor-Leste, Jose Ramos Horta, Former Indonesian Foreign Minister Nur Hassan Wirajuda and Marty Natalegawa.