Pak-Indonesia trade expected to jump to $9bln by 2019: Ambassador

FAISALABAD, Sept 11 (INP): Ambassador of Indonesia to Pakistan, Mr. Iwan Suyhdhie Amri has said that quantum of bilateral trade between Pakistan and Indonesia is expected to jump to nine billion dollar by 2019.
The Indonesian Ambassador was addressing a dinner hosted in his honour by President Faisalabad Chamber of Commerce & Industry (FCCI), Mr. Shabbir Hussain Chawla.
Mr. Iwan Suyhdhie Amri said that Indonesia is probably the only country that is making serious and practical efforts to make bilateral trade with Pakistan balanced for the two countries. In this connection, a project is in the pipeline to introduce cultivation of high yielding palm plants in addition to establish refineries to clean palm oil produced in Pakistan for its domestic needs.
The Indonesian Ambassador said that Pakistan is a big market for Indonesia but we are also making efforts to encourage exports from Pakistan to Indonesia to make our bilateral trade balanced. He said that both countries had already agreed to encourage exports from Pakistan and now we are in the process of fixing standards of the exportable commodities including Mango and Kinno.
Mr. Iwan Suyhdhie Amri hoped that Pakistani mangos and Kinno will hit the Indonesian stalls next year. He further told that a Memorandum of Understanding (MoU) has already been inked to enhance the exports of Pakistani rice to Indonesia.
President FCCI Mr. Shabbir Hussain Chawla welcomed Indonesian Ambassador and stressed the need to encourage private sectors of both countries to further enhance the bilateral trade. In this connection the two countries have to remove tariff barriers and give maximum incentives to each others.
He said that Pakistan is strategically located in South Asia and it could provide an opportunity to Indonesia to make its exports to the landlocked countries of Central Asia. Similarly Indonesia could also facilitate Pakistan to have access to 2 trillion Dollars ASEAN (Association of Southeast Asian Nations) Market.
Shabbir Hussain Chawla further told that during 2017 Pakistan imported 1.78 billion edible oil and sizable amount of it was imported from Indonesia. He told that Pakistan has offered maximum incentives to the Indonesia and hence, Indonesia should also reciprocate in the same manners.
The President FCCI also stressed the need for exchange of trade delegations in addition to organizing single country exhibition in both countries. He hoped that Indonesian embassy should also provide business related information to FCCI so that we could enhance our share in exports to Indonesia.
Later, cake of 60th birthday Mr. Iwan Suyhdhie Amri Ambassador of Indonesia was also cut.