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Wednesday, 24 May 2023 16:04

Indonesia, Slovenia Agree To Explore Potential Trade Cooperation

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VOINews, Jakarta - Indonesia and Slovenia have agreed to explore potential trade cooperation in several sectors, including pharmacy, textile products, and furniture.

"We will also explore the potential of logistics cooperation with the Port of Koper to boost both countries' trade," Minister of Foreign Affairs Retno Marsudi said at a joint press conference with her Slovenian counterpart, Tanja Fajon, in Jakarta on Wednesday.

During their meeting, Marsudi briefed Minister Fajon on priority Indonesian investment areas, including renewable energy, technology, and innovation.

"We have also come to an agreement on the acceleration of the finalization of the Indonesia-European Union (EU) Comprehensive Economic Partnership Agreement (CEPA) negotiations," Minister Marsudi informed.

According to the Indonesian Foreign Affairs Ministry, bilateral trade with Slovenia accounted for 14.71 percent of Indonesia’s overall trade in the past five years, and trade between the two countries increased by 45.4 percent in 2022.

The Slovenian Foreign Minister welcomed the increase in trade with Indonesia, but she noted that the two countries still have a lot of potential that has not yet been tapped.

With that in mind, Minister Fajon urged business actors in Indonesia to make the most of the potential offered by the Port of Koper, which is situated in the north of the Adriatic Sea and is one of the main ports of Slovenia.

Unlike many other European ports managed by port authorities, activities at Port of Koper involve free-zone region management, port region management, and terminal operators. Currently, Port Koper provides services on the Adriatic Sea-Central Europe route.

"Slovenia is a natural pathway from Asia to Central Europe, Southeast Europe, and also to countries in the eastern part of the continent. Therefore, I would like to offer you the shortest path to Europe via our Port of Koper," Fajon said.

She then addressed Slovenian business actors and highlighted the importance of the growth of the green economy in Indonesia. (Antaranews)

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