"Indonesia is also affected by global conditions, such as the decline in Chinas economic growth," President Joko Widodo said during the course of his speech at a meeting attended by 18 business leaders on Wednesday.
The president explained that the decline in commodity prices affected Indonesias economic growth.
On this occasion, the president noted that the Indonesian government continued to improve its economy through deregulation and expediting infrastructure development.
"Those efforts were expected to improve Indonesian economy," the president stated.
The meeting was also attended by Trade Minister Thomas Lembong, Finance Minister Bambang Brodjonegoro, Foreign Minister Retno Marsudi, Cabinet Secretary Pramono Agung, Coordinating Minister for Economic Affairs Darmin Nasution, Minister of Maritime Affairs and Fisheries Susi Pudjiastuti and Ambassador to the United Kingdom Rizal Sukma.
The president invited the British business leaders to convey any productive ideas they have to the Indonesian government.
Earlier, President Joko Widodo held talks with British Prime Minister David Cameron at the latters office here on Tuesday.
President Jokowi arrived at 10, Downing Street, which is the official residence and office of the British prime minister, at around 10.30 a.m. local time.
Prime Minister Cameron greeted the Indonesian leader who arrived in a black sedan.
The two shook hands and posed for photos before entering the British prime ministers office.
Jokowi had left Jakarta for Europe on Sunday morning for a five-day state visit to Germany, Britain, Belgium and the Netherlands.
Member of the presidential communication team Ary Dipayana said on Sunday the president was visiting the four European countries at the invitation of their leaders.
The visit was aimed at forging cooperation with the European Union (EU), particularly in the economic field, strengthening tolerance and building global peace.
Ary said the EU is one of Indonesias strategic traditional partners in facing new global challenges.
Trade between Indonesia and the EU reached US$26.14 billion last year, making the 27-nation bloc Indonesias fourth biggest trade partner.
The EU was also the third biggest foreign investor in Indonesia, with investment value reaching $2.26 billion in 2015.(*)
Editor: Heru Purwanto
Copyright © ANTARA 2016
