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Indonesia looks to import cattle, soy from South Africa
The government has unveiled a plan to import 50,000 cattle and 300,000 tonnes of soy from South Africa to expand bilateral trade in the agricultural sector.
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Coordinating Maritime Affairs and Investment Minister Luhut Pandjaitan (left) discussed joint venture opportunities in trade, investment and agriculture with President of South Africa Cyril Ramaphosa (right) on July 10, 2023. (Coordinating Maritime Affairs and Investment Ministry/-)
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he government has unveiled a plan to import 50,000 cattle and 300,000 tonnes of soy from South Africa to expand bilateral trade in the agricultural sector.
"This is our attempt to deal with the high demand for both commodities," Coordinating Maritime Affairs and Investment Minister Luhut Pandjaitan wrote in a post on his Instagram account on Wednesday, after his meeting with South African President Cyril Ramaphosa.
On his working trip to Johannesburg, South Africa, on Tuesday, Luhut expressed his expectation that the import deal could be finalized ahead of President Joko "Jokowi" Widodo's visit to the 15th BRICS Summit, which will be held from Aug. 22 to 24.
BRICS is an acronym denoting the forum's members: Brazil, Russia, India, China and South Africa.
In Johannesburg, Luhut discussed opportunities for joint ventures in trade, investment and agriculture with President Ramaphosa and members of South Africa's Cabinet.
The meeting also included Trade and Industry Minister Ebrahim Patel, African National Congress (ANC) Economic Transformation Committee chairman Mmamoloko Kubayi as well as Electricity Minister Ramokgopa.
“Hopefully the cattle and soy import plan will lead to an agreement,” Luhut said.
