Iran, Indonesia target $2bn trade

Iran, Indonesia target $2bn trade

Shiraz, Aug 3, IRNA – Head of the Chamber of Commerce, Industries, Mines and Agriculture of Shiraz Jamal Razeqi said on Wednesday that Iran and Indonesia target two billion dollars trade a year.

Razeqi made the remarks in a meeting with Indonesian Ambassador to Tehran Kata Venu Alimudin.

He said that given the capacity available in Indonesia and since the country is a major oil producer in southeast Asia, there can be a suitable ground available for export of technical and engineering services in energy.

He said that Indonesian membership in OPEC and its sensitive standing in the international energy market are two important issues.
He underlined expansion of relations between Iran and Indonesia in energy and technology.

Razeqi emphasized expansion of commercial relations between Iran and Indonesia in fresh fruits and vegetables, paper and export of petrochemical products, bitumen and non-ferros and chemical mineral substances.

According to the economic activist, Indonesia enjoys 6,000 islands and due to its seasonal rainfalls, it enjoys special natural environment. On the one hand, Indonesia is among major G20 states and can be of importance for development of Islamic tourism.

He highlighted economic advantage of Indonesia and said the advantages provide a suitable ground for promotion of their trade.

The Iranian official said that forest reserves of Indonesia, which account for the world's second forest reserves covering 120 million hectares of lands, serve as a suitable potential to provide cellulosic raw materials, especially caoutchouc, needed by Iranian industries.

The Indonesian ambassador for his part underlined expansion of bilateral trade ties, including import of different kinds of dates, exchange of capital and introducing Indonesia's potential for export of different kinds of marine and mineral products, tropical fruits and textiles.

He noted a deal for joint investment will be soon signed by Iranian and Indonesian companies in oil and gas.

Iran and Indonesia are the two trade partners: Iran exports bitumen, different kinds of gas, dates and tea to Indonesia and Indonesia exports cellulosic products, especially paper and cardboard to Iran



Source: IRNA

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