Islamabad: Ambassador of Indonesia to Pakistan Iwan Suyudhie Amri addressing business community at Rawalpindi Chamber of Commerce and Industry (RCCI) has said relations between Indonesia and Pakistan are touching new horizons adding bilateral relations have seen marked improvement in all fields during the last couple of years. Indonesia along with ASEAN countries are huge markets with great potential for Pakistani products and businessmen should focus on these countries to promote trade and exports.
Ambassador Iwan Suyudhie Amri assured the representatives of Rawalpindi Chamber of Commerce and Industry (RCCI) that Indonesia Embassy would share trade inquiries and business related information with RCCI so that its members could take advantage of the available opportunities for promoting trade and exports with Indonesia.
He also informed that Indonesia will notify the inclusion of 20 additional tariff lines in the Pakistan-Indonesia Preferential Trade Agreement (PTA) by the end of November. He said that Indonesia with 250 million populations was the largest Muslim country and provided easy access to Pakistan to over $2 trillion ASEAN market. The ambassador noted with satisfaction that relations between the two countries were heading in the right direction and hoped in coming days these relations would get a further boost.
Indonesian Envoy also praised efforts of RCCI for contributing greatly towards strengthening of bilateral relations through business opportunity conferences and exhibitions. He assured full cooperation and assistance in upcoming International Rawal Expo 2019. He also assured that his Embassy would share trade inquiries and business related information with RCCI so that its members could take advantage of the available opportunities for promoting trade and exports with Indonesia.
Malik Shahid Saleem, President, Rawalpindi Chamber of Commerce and Industry (RCCI) said that Pakistan and Indonesia enjoyed cordial relations and there was a need to transform these good relations into thriving bilateral trade, investment and joint ventures between the two countries. He said Pakistan and Indonesia have signed a Preferential Trade Agreement and volume of bilateral trade between the two countries has improved to $2.3 billion. However, there was plenty of scope to improve two way trades in many areas.
He said Pakistan and Indonesia should provide better market access to each other’s private sectors, grant more tariff concessions and remove all non-tariff barriers that will help in promoting bilateral trade up to actual potential. He assured that RCCI would consider taking a trade delegation to Indonesia to explore new avenues of mutual cooperation between the two countries. Senior vice President Muhammad Badar Haroon, Vice President Fayaz Qureshi, former president Raja Amer Iqbal, among others, was also present on the occasion.