ID :
20440
Sun, 09/21/2008 - 14:58
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http://m.oananews.org//node/20440
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RI, TURKEY TO BOOST BILATERAL TRADE TO US$2 BLN IN 2008
Jakarta, Sept 20 (ANTARA) - Indonesia and Turkey have agreed to fulfill their commitment to achieving a bilateral trade target set at US$2 billion this year, the Foreign Ministry said in an official statement issued here on Saturday.
The statement said the agreement was contained in "Agreed Minutes" signed by Indonesian Trade Minister Mari Elka Pangestu and her Turkish Justice Minister Mehmet Ali Sahin during the seventh meeting of the Indonesia-Turkey Joint Commission in Ankara, Turkey, over the weekend.
The two countries also adopted a Roadmap 2009-2010 to increase their bilateral trade and exchange investment assessment delegations in 2009.
Both nations also agreed to encourage their investors to cooperate in investing in the energy sector such as explorations and production of hydrocarbons and other energy projects in Indonesia.
The program also aims at inviting Indonesian businesses to conduct joint exploration projects on sea energy resources in Turkey and third countries.
During the meeting Mari said that Turkey was one of Indonesia's main trade partners. The volume of their two-way trade totaled US$1.8 billion in 2007 with Indonesian exports to Turkey reaching 1.1 million dollars and imports 700 million dollars.
The statement said the agreement was contained in "Agreed Minutes" signed by Indonesian Trade Minister Mari Elka Pangestu and her Turkish Justice Minister Mehmet Ali Sahin during the seventh meeting of the Indonesia-Turkey Joint Commission in Ankara, Turkey, over the weekend.
The two countries also adopted a Roadmap 2009-2010 to increase their bilateral trade and exchange investment assessment delegations in 2009.
Both nations also agreed to encourage their investors to cooperate in investing in the energy sector such as explorations and production of hydrocarbons and other energy projects in Indonesia.
The program also aims at inviting Indonesian businesses to conduct joint exploration projects on sea energy resources in Turkey and third countries.
During the meeting Mari said that Turkey was one of Indonesia's main trade partners. The volume of their two-way trade totaled US$1.8 billion in 2007 with Indonesian exports to Turkey reaching 1.1 million dollars and imports 700 million dollars.