TheJakartaPost

Please Update your browser

Your browser is out of date, and may not be compatible with our website. A list of the most popular web browsers can be found below.
Just click on the icons to get to the download page.

Jakarta Post

Economy in brief: RI'€™s business mission to visit three countries

JAKARTA: An Indonesian trade mission will travel for one week to three countries starting from Wednesday to boost market diversification, and to push and solve trade barriers between Indonesia and its partners

The Jakarta Post
Tue, May 21, 2013

Share This Article

Change Size

Economy in brief: RI'€™s business mission to visit three countries

J

AKARTA: An Indonesian trade mission will travel for one week to three countries starting from Wednesday to boost market diversification, and to push and solve trade barriers between Indonesia and its partners.

Led by the Trade Ministry, the mission aimed to woo businesspeople in Kazakhstan, Ukraine and Romania on business opportunities in Indonesia during a series of business forums, director general for national export development Gusmardi Bustami said Monday.

Trade officials would also meet with chamber of commerce and industry representatives as well as executives from several business associations in the countries to discuss strategic efforts to increase two-way trade, he added.

'€œApart from boosting trade, the mission was also expected to help pull investment from Kazakhstan, Ukraine and Romania,'€ Gusmardi said in a statement.

At present, bilateral trade between Indonesia and the three countries is relatively low.

Last year, Indonesia traded US$172.7 million in goods with Romania, $63.16 million with Kazakhstan and $1.32 with Ukraine. Two-way trade grew 25.81 percent between Indonesia and Romania, 16.8 percent between Indonesia and Kazakhstan and 3.79 percent between Indonesia and Ukraine, all from 2008 to 2012.

Your Opinion Matters

Share your experiences, suggestions, and any issues you've encountered on The Jakarta Post. We're here to listen.

Enter at least 30 characters
0 / 30

Thank You

Thank you for sharing your thoughts. We appreciate your feedback.