Indonesia to boost bilateral trade

Consul General of Indonesia Mustaqeem visited the Pakistan Commodities Importers and Traders Association (PCITA) to explore means to boost bilateral trade between Indonesia and Pakistan. The News reported (07/24/08).

In his welcome address, PCITA Chairman Raees Tar Muhammad laid emphasis on a preferential trade agreement between the two brotherly countries to attract lost business from those countries which are already under the FTA of Malaysia, India and Sri Lanka.

He stressed particularly items such as spices, tea, palm oil and other agricultural products which form the biggest import from Indonesia. Muhammad gave a proposal to form Pakistan-Indonesia Business Council which will be a big tool for the facilitation of entrepreneurs of both countries and to assess business delegations.

In his reply, Mustaqeem appreciated the role played by the PCITA in getting the stuck-up cargo of betel nuts of Indonesian origin last year released which in turn opened the closed channels of betel nuts to the country. He agreed in principle for speedy visa for members of the PCITA on its recommendation.

source: BKPM | July 2008