Reuters exclusively interviews Indonesia’s Widodo

In an exclusive interview with Indonesia’s President, Joko Widodo told Reuters that the country was planning to “hit the brakes” on the export of all raw commodities in an effort to attract investment in onshore resource processing and create jobs. The government is currently conducting a study for the downstreaming of other commodities with a long-term goal of no longer selling just raw materials, the President said in the interview. He also urged developed countries to commit to their pledge to provide financing for poorer countries to reduce greenhouse gas emissions at this month’s UN climate conference.