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Friday, 23 March 2018 15:01

Indonesia and New Zealand Committed to Increasing Trade Value Featured

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Indonesia and New Zealand have agreed to increase their trade value. The increase will be done gradually to reach 40 trillion rupiah. This was affirmed by Ambassador of the Republic of Indonesia to New Zealand, Tantowi Yahya in a special interview with Voice of Indonesia through a telephone.

“There is a commitment from both parties to keep renewing the relationship. Secondly, it is important that there are efforts by both parties to increase the volume and value of trade each year becoming 40 trillion rupiah or 4 billion New Zealand dollars in 2024,” Tantowi Yahya said.

Ambassador Tantowi Yahya added that the current trade value achieved by Indonesia and New Zealand ranges between14 to 16 trillion rupiah per year. This figure will be increased gradually until it reaches 40 trillion rupiah in 2024. He views that Indonesian government has prepared some initial steps to achieve the target. One of the first steps taken by the government is the bilateral visit of Indonesian President Joko Widodo to New Zealand to meet with New Zealand Prime Minister, Jacinda Ardern. (VOI/Rezha/Rhm)

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