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Jakarta Post

Brazil hopes to forge closer links with Indonesia

  • Linda Yulisman

    The Jakarta Post

Jakarta   /   Wed, October 5 2011   /  08:47 am

Brazil, the largest economy in South America, expects to expand its cooperation with Indonesia, Southeast Asia’s largest economy, as there is still enormous room for growth in many areas, including agriculture and high-technology industry, a high-level official says.

Undersecretary-general for Asia of the Brazilian External Relations Ministry, Maria Edileuza Fontenelle Reis, said that Brazil wanted to boost bilateral trade and investment in Indonesia, its key partner in the Southeast Asia region, in the near future as economic cooperation between the two countries was very much complementary.

“In terms of investment and trade, prospects are numerous. Our bilateral trade figure is now more than US$3 billion and should reach beyond $4 billion by year’s end. But the dynamism and dimensions of our economies are way beyond that,” she told The Jakarta Post in an exclusi...