On 17 July 2020, the Ministry of Foreign Affairs (Kemlu) and the Ministry of State-Owned Enterprises (Kementerian BUMN) signed a Memorandum of Understanding (MoU) to strengthen economic diplomacy cooperation by supporting Indonesian State-Owned Enterprise’s (SOEs) ambition to expand its Outward Foreign Direct Investment (OFDI) overseas through the “BUMN Go Global” program. SOEs are one of…