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Kadin establishes Brazil committee
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Kadin Chairman Rosan Perkasa Roeslani (second right) poses for photograph together with Kadin Brazil committee chairman Anderson Tanoto (left), Brazil ambassador to Indonesia Rubem Antonio Correa Barbosa (second left) and Kadin deputy chairman for international relations Shinta Widjaja Kamdani (right) during a press conference to launch the Kadin Brazil committee in Jakarta on May 2. (JP/Anton Hermansyah)
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ndonesia’s Chamber of Commerce and Industry (Kadin) established on Wednesday a Brazil committee to help intensify trade and investment between the two countries.
"The establishment of the committee will hopefully strengthen the relationship between the two countries, not only in terms of business-to-business (B2B) relations, but also government-to-government (G2G) and government-to-business (G2B)," said Kadin chairman Rosan Perkasa Roeslani during a press conference to launch the committee in Jakarta.
He said it was Kadin’s 10th bilateral committee across the world.
The newly established committee was expected to provide information to investors about business opportunities in the two countries, Rosan added
The Brazil committee is chaired by Anderson Tanoto, the youngest son of tycoon Sukanto Tanoto. The Tanoto family has established a cellulose pulp business in Bahia, Brazil.
Anderson said in addition to the efforts to boost trade, he also wanted to pay serious attention to technology transfers between Brazil and Indonesia, particularly in the agricultural sector.
He said that in the last 10 years, the former Portuguese colony had managed to double its agricultural production without expanding its agricultural fields.
"We will arrange a business visit to Brazil first and we will follow up with academic exchanges. There are some good Brazilian universities that we can work with,” Anderson said, adding that the following stage would be to explore G2G arrangements.
Trade between Indonesia and Brazil reached its peak in 2014, at US$4.05 billion, but decreased to $3.19 billion in 2017. Historically, Indonesia has always posted a trade deficit with Brazil, with the deficit reaching $728.74 billion in 2017. (bbn)
