We’re go!: Kadin executive Danny Jozal (right) with the Czech Industrialist, Jaroslav Hanák, in Jakarta on Monday after signing an agreement to mutually promote business opportunities between Indonesia and the Czech Republic.(JP/Nurhayati)The private sectors of Indonesia and the Czech Republic paved the way on Monday for the deepening of trade and investment relations between the two countries, with the signing of agreements between players in the banking and industrial sectors.

Witnessed by visiting Czech President Vaclav Klaus, the Czech Export Bank signed a memorandum of understanding with the Indonesia Exim Bank in relation to finance cooperation in order to support bilateral export and import activities.

The Czech Republic’s Confederation of Industry also signed an agreement with the Indonesian Chamber of Commerce and Industry (Kadin) to promote business opportuni...