AGL 38.02 Increased By ▲ 0.08 (0.21%)
AIRLINK 197.36 Increased By ▲ 3.45 (1.78%)
BOP 9.54 Increased By ▲ 0.22 (2.36%)
CNERGY 5.91 Increased By ▲ 0.07 (1.2%)
DCL 8.82 Increased By ▲ 0.14 (1.61%)
DFML 35.74 Decreased By ▼ -0.72 (-1.97%)
DGKC 96.86 Increased By ▲ 4.32 (4.67%)
FCCL 35.25 Increased By ▲ 1.28 (3.77%)
FFBL 88.94 Increased By ▲ 6.64 (8.07%)
FFL 13.17 Increased By ▲ 0.42 (3.29%)
HUBC 127.55 Increased By ▲ 6.94 (5.75%)
HUMNL 13.50 Decreased By ▼ -0.10 (-0.74%)
KEL 5.32 Increased By ▲ 0.10 (1.92%)
KOSM 7.00 Increased By ▲ 0.48 (7.36%)
MLCF 44.70 Increased By ▲ 2.59 (6.15%)
NBP 61.42 Increased By ▲ 1.61 (2.69%)
OGDC 214.67 Increased By ▲ 3.50 (1.66%)
PAEL 38.79 Increased By ▲ 1.21 (3.22%)
PIBTL 8.25 Increased By ▲ 0.18 (2.23%)
PPL 193.08 Increased By ▲ 2.76 (1.45%)
PRL 38.66 Increased By ▲ 0.49 (1.28%)
PTC 25.80 Increased By ▲ 2.35 (10.02%)
SEARL 103.60 Increased By ▲ 5.66 (5.78%)
TELE 8.30 Increased By ▲ 0.08 (0.97%)
TOMCL 35.00 Decreased By ▼ -0.03 (-0.09%)
TPLP 13.30 Decreased By ▼ -0.25 (-1.85%)
TREET 22.16 Decreased By ▼ -0.57 (-2.51%)
TRG 55.59 Increased By ▲ 2.72 (5.14%)
UNITY 32.97 Increased By ▲ 0.01 (0.03%)
WTL 1.60 Increased By ▲ 0.08 (5.26%)
BR100 11,727 Increased By 342.7 (3.01%)
BR30 36,377 Increased By 1165.1 (3.31%)
KSE100 109,513 Increased By 3238.2 (3.05%)
KSE30 34,513 Increased By 1160.1 (3.48%)

The Consul-General of Indonesia, Totok Prianamto, has advised business community to further explore bilateral trade prospects between the two countries.

Speaking at a meeting of SITE Association of Industry (SAI), he said that coronavirus has badly affected business activities in many countries and advised members of SAI for more interaction with his office and for efforts to enhance trade.

"Getting business visa for Indonesia is no problem and can be issued to members of SITE Association on top priority at the earliest possible time," he said.

He invited members of SITE Association to participate in Indonesian exhibitions and added that the purpose of his visit to SAI is to enhance interaction and close liaison between the association and Indonesia.

The envoy further said that Pakistan exports mangoes, kinnow, rice, ethanol and textile to Indonesia and there exists huge scope to enhance trade volume.

He said that Indonesia and Pakistan are two very important Muslim countries.

Indonesia values trade with Pakistan and participates in "My Karachi" exhibition of KCCI every year. Last year, the trade volume was approximately 3.1 billion dollars, he said.

Vice Consul and in charge of Economic & Trade section, Ibnu Sulhan, highlighted trade details between the two countries and informed that exhibitions in Indonesia, products for trade as well as Indonesian businessmen lists engaged in trade with Pakistan will be shared with SITE Association of Industry in a day or two.

President of SITE Association, Suleman Chawla drew the attention of Consul General towards import of raw material from China and other countries and said that it will be a good opportunity for local businessmen to source textile raw material, mainly dyes & chemicals, from Indonesia, which may become another alternate supplier for Pakistan.

He proposed to invite Indonesian businessmen for B2B meetings with members of SITE Association of Industry.

He added that good liaison is needed between SAI and Indonesia economic office.

Chairman of Diplomatic Affairs & International Relations Sub-Committee, Saud Mehmood, said that it is right time to strengthen relationship between the two countries. Indonesia and Pakistan having big population can go hand in hand with China in supplying raw material in particular which is badly affected due to coronavirus these days. Other business opportunity is also available in electronic items, as mobile phone industry is popping up in Pakistan and it is a great opportunity because we don't have any dominating players in this area but Indonesia has this edge and the expertise of competing with large players and technologically advanced countries like China and Taiwan, he said.

Senior Vice Presdent SAI, Saleem Nagaria, said that the present government's vision for Pakistan is to expand globally. Reliable information from the Consulate office will provide opportunity to enhance trade as Indonesia and Pakistan have already opened up their markets and right guidance

Zis required on how to cater to the Indonesian market and increase Pakistan's exports.

Copyright Business Recorder, 2020

Comments

Comments are closed.