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Indonesian mission targets $5.4m transactions in Auckland
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Trade Ministry Export Development Director General Arlinda (JP/Bambang Nurbianto)
A
n Indonesian business delegation is aiming for US$5.4 million in one-on-one business matchmaking transactions in Auckland, New Zealand.
“The transactions in New Zealand will keep increasing as there will be more business-to-business meetings between Indonesian and New Zealander entrepreneurs,” the Trade Ministry’s national export development director general, Arlinda, said in a press statement received over the weekend.
The one-on-one business matching is a part of the ministry's trade mission to New Zealand, which will end in Wellington on March 19.
The deals are expected to come from coffee products, plantation and factory workers, fertilizer and palm oil byproducts.
Indonesian Ambassador to New Zealand Tantowi Yahya expressed his optimism that more Indonesian products would find a market in the country.
He added that the one-on-one business matching was a good step to improve economic relations between the two countries, which was targeted to reach Rp 40 trillion (US$2.9 billion) in 2024.
Trade between the two countries increased 15.72 percent to US$ 1.19 billion year-on-year, last year.
Indonesian exports reached $437.8 million, 1.09 percent of New Zealand's total imports, while New Zealand exports reached $751.1 million, 0.47 percent of Indonesia's total imports. (ami/bbn)
