Wednesday, 07 November 2018 18:32

Indonesian and Czech Republic Trade Relations Continually Enhanced

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Minister of Village, Development of Disadvantaged Regions, and Transmigration of the Republic of Indonesia Eko Putro Sandjojo in his remarks at the celebration of 100th Anniversary of the Foundation of the Former Czhechoslovakia Tuesday November 6, 2018 Minister of Village, Development of Disadvantaged Regions, and Transmigration of the Republic of Indonesia Eko Putro Sandjojo in his remarks at the celebration of 100th Anniversary of the Foundation of the Former Czhechoslovakia Tuesday November 6, 2018 VOI-ANI

Minister of Village, Development of Disadvantaged Regions, and Transmigration of the Republic of Indonesia Eko Putro Sandjojo said, since the establishment of diplomatic relations between Indonesia and the Czech Republic in 1993, the two countries have cooperated in various fields, including education, tourism and trade. In the field of trade, the trade value of Indonesia and the Czech Republic has increased steadily, namely by 5 percent. However, this has not reflected the real potential of trade relations between the two countries. For this reason, cooperation between the two the country must continue to be improved. This was stated by Minister Eko Putro Sandjojo in his remarks on the 100th anniversary of the foundation of the former Czechoslovakia in Jakarta, Tuesday, Nov. 6, 2018.

“In bilateral trade relation, we observe a steady rise of 5% each year. In 2017 in value reached 265 million US dollar. This however, does not reflect the true potential of our relation. The visit my business delegation accompanied by his Excellency Milan Stechlast September is one among many ways to increase our trade value, by bringing together our business and to frequent our contact among them,” Eko Putro Sandjojo said.

Minister Eko Putro Sandjojo further said, Czech Republic businessmen had invested in micro finance activities in Indonesia since 5 years ago. // The Minister invited other Czech businessmen to participate in investing in Indonesia too, because there are still a lot of potential in rural areas that had not yet been explored. (VOI / AHM)

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