Islamabad—Pakistan’s Ambassador to Jakarta, Attiya Mahmood on Wednesday said there existed huge trade potential between two countries, which will be further increased through exchange of business delegations. She said bilateral relations between Pakistan and Indonesia took a pivotal step towards developing strategic economic ties following the signing of Preferential Trade Agreement (PTA) in 2012, its operationalization in 2013 and signing of Mutual Recognition Agreement.
She was addressing a ceremony held at Pakistan’s Embassy, Jakarta where Lahore Chamber of Commerce and Industry (LCCI) and Jakarta Chamber of Commerce and Industry (JCCI) signed Memorandum of Understanding (MoU) to enhance bilateral trade and extend facilitation to members of respective chambers. Engr. Sohail Lashari, President of LCCI and Ir.Eddy Kuntadi, President of the JCCI signed the MoU. Indonesia’s Ambassador to Pakistan, Burhan Muhammad and Commercial Secretary of Pakistan to Indonesia Ms. Maria Kazi along with office bearers of Jakarta Chamber, officials from Ministries of Foreign Affairs, members of LCCI delegation and Indonesian companies were also present.
According to a message received here, Indonesia’s Ambassador to Pakistan spoke about potential of Indonesian market and expressed his hope that bilateral trade will increase further. He specially mentioned possibility of importing the CNG technology from Pakistan to Indonesia. President LCCI said the bilateral trade relations between Pakistan and Indonesia were expanding rapidly as both the governments had been working for implementing Preferential Trade Agreement (PTA) and were looking forward to turn this PTA into Free Trade Agreement (FTA) in near future.
He termed the MoU, a milestone in bilateral trade relations of the two countries and said that Pakistan can step in to export Halal meat to Indonesia and provide technology for use of CNG in transport and the conversion kits. Vice president of JCCI, Irwan Hutosoit mentioned that Jakarta Chamber has two brother chambers in Pakistan, the KCCI and LCCI. He expressed his desire to visit Pakistan to see himself potential of Pakistani products in near future.—APP
Originally published on www.pkdebate.com