Pakistan, Indonesia sign $10mn trade agreements
21 October, 2024 21:02
Pakistan and Indonesia have signed multiple business-to-business trade agreements and Memorandums of Understanding (MoUs) worth $10.7 million during the recent Trade Expo Indonesia
The agreements cover a range of sectors, including coconut products, gum, copal, cocoa, dried coconut, ginger, spices, and consumer goods.
Additionally, the trade deals also span the auto parts sector.
Both Pakistan and Indonesia are key members of the Organisation of Islamic Cooperation (OIC) and have reaffirmed their desire to enhance cooperation in trade, economics, and mutual interests through SIFC’s support.
Indonesia’s acting Consul General, Teguh Wiyoko, praised the participation of the Pakistani trade delegation, highlighting it as a key step towards strengthening economic and trade ties, especially with Sindh’s business community. “This is a positive step towards fostering deeper economic cooperation,” he stated.
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