The Jakarta Post
Indonesia aims to expand its fisheries market to Hungary as the two countries have agreed to cooperate in the maritime sector, a minister said on Monday.
Indonesia would explore an opportunity to expand trade to Hungary, Maritime Affairs and Fisheries Minister Susi Pudjiastuti said.
"Currently there is a new lifestyle about enjoying seafood, not only meat. So we want to expand our fisheries market there," she told journalists at the State Palace after a bilateral meeting with a Hungarian delegation.
President Joko "Jokowi" Widodo and Hungarian Prime Minister Viktor Orban signed two memorandums of understanding on fisheries and aquaculture as well as higher education exchanges between the two countries.
The cooperation in the maritime sector would include fish farming, Susi said. Indonesia and Hungary have started working together on special species for fish breeding as well as processing technology.
"We will increase cooperation in the field of cultivation," Susi added.
The two countries are also set to strengthen their relationship by cooperating in the education and technology sectors. Indonesia and Hungary would conduct research and development in water management systems, renewable energy and information technology, Research and Technology and Higher Education Minister M. Nasir said.
Indonesia has acknowledged Hungary's expertise in water management as its systems are to be applied in 34 subdistricts across the country.
Moreover, the Hungarian government will also grant 50 full scholarships for Indonesian students to study in Hungary, Nasir added.
Hungary is Indonesia's seventh biggest trading partner in Eastern and Central Europe. The accumulative trade of both countries reached US$149.29 million in 2014, with a $24.45 million surplus on Indonesia's side.
Meanwhile, Hungary recorded $500,000 foreign direct investment in two tourism projects in Indonesia in 2014. (rin)