Thursday, 24 January 2019 | 14:14 WIB

Trump-Kim Meeting Has No Impact on Indonesia‘s Economy

US President Donald Trump and North Korean Leader Kim Jong Un

JAKARTA, NNC - Coordinating Minister for Economic Affairs Darmin Nasution believes that meeting of US President Donald Trump and North Korean leader Kim Jong-un will not have a direct impact on the economy.

Darmin said the meeting of two leaders of the countries is more political because one of the main discussion is about nuclear disarmament.

However, Darmin said, the meeting could have an impact on the global economy as a whole if it does not meet an agreement.

"Sentiment to the economy is an indirect result, not a direct result," said Darmin in Jakarta, Monday (6/11/2018), as reported by Antara.

Previously, the government expressed caution against the various risks of external developments that could disrupt the performance of the national economy in 2018 and 2019.

The risk may be due to the normalization of monetary policy to be taken by the US Central Bank, the potential for protectionist policies and geopolitical factors concerning developments in the Middle East and Korean peninsula.

The meeting between US President Donald Trump and North Korean Leader Kim Jong-un is scheduled to be held on Tuesday (6/12) at Capella Hotel, Sentosa Island, Singapore.