Pakistan, Indonesia agree to boost trade

STAFF REPORT KHI: Rapidly developing bilateral economic ties between Indonesia and Pakistan offers prospects to further strengthen the bonds of friendship and establish broad-based commercial partnership.

Hadi Santoso, Consul General of Indonesia, said this while speaking at a meeting during his visit to Karachi Chamber of Commerce and Industry (KCCI).

On the occasion, the Indonesian envoy informed that total trade between Indonesia and Pakistan stood at $1.69 billion as on September 30, 2014, depicting a year-on-year increase of 60 percent.

“We are fairly optimistic that the total trade figures could reach at least $2.3 up to 2.4 billion at the end of this year,” he added.

Relations between Indonesia and Pakistan will be more strengthened in years ahead since Indonesia was the largest economy in South-East Asian region and member of G-20.

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