Indonesia seeks deeper business ties with Pakistan

Islamabad:Rahmat Hindiarta Kusuma, Charge d'Affaires of the Indonesian Embassy has highlighted the rich history of friendship and cooperation between Indonesia and Pakistan during a visit to the Islamabad Chamber of Commerce and Industry (ICCI) and meeting with its President Ahsan Zafar Bakhtawari. He encouraged Pakistani businessmen to explore Indonesia's potential for international trade and investment, emphasizing the need to strengthen business-to-business relations between the two nations.

Kusuma stressed the importance of utilising the existing Indonesia-Pakistan Preferential Trade Agreement and working towards a Free Trade Agreement. He also highlighted Indonesia’s strategic location and established trade ties with the ASEAN region, offering Pakistani businesses access to a market of over 650 million consumers of ASEAN.

The diplomat noted that Pakistan can become a trade hub for Indonesia in Central Asia, benefiting both countries through comprehensive planning. He praised ICCI's contributions to fostering economic linkages between the two nations and invited members to attend the 39th Trade Expo Indonesia from October 9-12.

He further emphasised the need for increased joint events to foster greater awareness and understanding between the two nations, leading to enhanced business and tourism opportunities.

ICCI President Ahsan Zafar Bakhtawari emphasised Pakistan's status as Indonesia's 6th largest trade partner in Asia, with relations based on mutual trust and confidence. He underscored the need for regular trade delegation exchanges and reaffirmed ICCI’s commitment to strengthening cooperation with the Indonesian Embassy.

Bakhtawari emphasised the importance of increasing bilateral trade volume, which, he said, was currently below its potential, and highlighted the role of Central Asian markets in further increasing trade relations. He underlined the need for direct flights between the two countries further strengthening bilateral trade and investment relations between both the countries.