RI's exports to Egypt rise 21.71%
The Jakarta Post
The Jakarta Post
The value of Indonesian exports to Egypt rose by 21.71 percent to US$1.34 billion throughout the 2014 fiscal year from the $1.1 billion recorded in the previous year.
Indonesian Ambassador to Egypt Nurfaizi Suwandi said that the double-digit increase showed Jakarta's commitment to continue exploring economic and trade activities with Cairo.
'The demand for Indonesian goods is pretty high in Egypt. We are committed to continue increasing our exports to Egypt,' Nurfaizi said Wednesday on the sidelines of the Cairo International Fair (CIF) as quoted by Antara news agency.
According to the Indonesian embassy's trade attachÃ© in Cairo, Burman Rahman, the primary Indonesian goods exported to Egypt included crude palm oil (CPO), coffee, tea, yarn, textiles, paper, handicrafts, tires, electronic devices, and vehicle spare parts.
There are 17 companies participating at the CIF's Indonesian stand consisting of 10 Indonesian firms, five Cairo-based companies and two Indonesian-Egypt joint venture firms.
'Our batik and textiles have already penetrated the market in Dubai. Now we want to try to enter the Egyptian market,' said Tutu Nurhasanah from PT Syukestex, one of the participants from Indonesia.
The CIF is the largest annual trade exhibition in Egypt and this year it will run from March 18 to 27. (nfo)(++++)
You might also like :
- North Sumatra's regent nabbed in antigraft operation
- 'Waria' told to leave their home in Jakarta amid anti-LGBT campaign
- Govt looks to private employees to fill public jobs after 90 percent of applican...
- 'Moral panic' targets Indonesia's LGBT community
- Boeing ‘confident’ in 737 MAX safety despite aircraft flaw
- Christian school rumor leads to closure of vocational academy in Batam
- From Chanel to Gucci: Korean women turn into designer rent-a-holics
- Okky Madasari unearths hidden tales of Indonesia in 'Mata' series
- Indonesia's latest economic stimulus package: What you need to know
- Here are 10 of the most populated cities in the world