AlQa'dah 26, 1432, Oct 24, 2011, SPA - South Korea and Indonesia agreed to significantly boost their economic ties, a move that will include the signing of a free trade deal at an early date, the Seoul government said Monday. The countries have also agreed to seek what they called joint "mega projects" that will symbolize their economic cooperation and Seoul's support for the economic development of the Southeast Asian country, according to the Ministry of Knowledge Economy. The agreements came at a Seoul meeting of the countries' joint task force for economic cooperation, according to South Korea's news agency "Yonhap". "The meeting aims to lay out details of an agreement between the countries' heads of state in December 2010, in which South Korea agreed to join as a major partner in Indonesia's master plan for economic development that will be pursued between 2011 to 2025," the ministry said. The meeting will be held until Tuesday, involving some 200 government officials from both sides. A separate economic ministers' meeting was to be held later today between South Korea's Choi Joong-kyung and M. Hatta Rajasa, Indonesia's coordinating minister for economic affairs.
