Indonesia providing zero tariff facility to Pakistan under a trade agreement to improve the bilateral trade with Pakistan, said Consul General of Indonesia Totok Prianamto.
Speaking at a meeting of Korangi Association of Trade & Industry (KATI), he said that bilateral trade is to promote mutual progress and growth. "This is the reason that we are offering zero tariffs for 20 items to Pakistan under a deliberation, part of trade agreement between both countries finalised previous year," he added.
He mentioned that many Indonesian investors and industrialist are showing interest to explore new business avenues in Pakistan.
He also extended an invitation to the President of KATI for a visit to Indonesia to attend a trade expo going to be held in October.
President KATI Sheikh Umer Rehan said that cordial relations between the two countries are a national asset for us.
He said that fruit, Palm oil, leather and other traditional exports to Indonesia can enhance more while there is need to explore some new areas to bring the relation to higher levels.
Head of KATIs Standing Committee on Diplomatic affairs, Masood Naqi said that Pakistan and Indonesia share a deep cultural and social bond however there is need to expend the bilateral trade between brother countries.
He underscored the need of comprehensive strategy to strengthen trade and business relations and for sharing effective suggestion to meet the task of mutual growth.
CEO KITE Zubair Chhaya urged for a proactive approach to explore mutual opportunities. He also suggested inviting Indonesian business delegation to visit industries in Korangi as it would help them to understand the real potential.
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