JAKARTA - Deputy Minister of Foreign Affairs of the Republic of Indonesia, Arrmanatha Christiawan Nasir, wants Indonesia and Bangladesh's economic potential to be increased, referring to the trade value of the two countries last year, making Indonesia one of the largest exporters in the country.
This was said by the Deputy Minister of Foreign Affairs when he was present as an honorary guest at the "Indonesia-Bangladesh Business Gathering and Networking Dinner" activity in Dhaka on Sunday (1/6).
"Indonesia and Bangladesh are not only neighbors in the Indian Ocean, we are also partners in economic development and prosperity," said Deputy Foreign Minister Tata in a statement from the Indonesian Ministry of Foreign Affairs, Monday (2/6).
Starting his remarks, Deputy Foreign Minister Tata explained the close bilateral relations between Indonesia and Bangladesh, which are more than five decades old, and continue to strengthen economic relations between the two countries.
"The trade between the two countries last year reached more than 3 billion US dollars and Indonesia is the fourth largest exporter in Bangladesh. We must continue to maximize the economic potential of the two countries," explained Deputy Minister of Foreign Affairs Tata.
Deputy Foreign Minister Tata also highlighted the long-standing historical and cultural relationship between Indonesia and Bangladesh, noting that economic cooperation is the most effective if it is supported by mutual trust, inter-community contact and institutional collaboration.
Furthermore, Deputy Foreign Minister Tata conveyed that Bangladesh's positive economic growth was marked by stable recovery, fundamental improvement of macroeconomics, and increased investor confidence in creating a climate that is profitable for increased trade and bilateral investment.
This condition is a strong basis for bringing Indonesia-Bangladesh economic relations to a more strategic and future-oriented level.
It is known, the Indonesian Chamber of Commerce and Industry (IBCCI) also plays a central role as a dialogue platform and bridges contact between business people between the two countries.
Indonesia-Bangladesh Business Gathering and Networking Dinner is part of the visit of Indonesia's High Economic Delegation (HLED) to Bangladesh, led by the Deputy Minister of Foreign Affairs.
This activity was organized by the Embassy of the Republic of Indonesia in Dhaka, in collaboration with the Indonesian Chamber of Commerce and Industry 'Bangladesh, and serves as a strategic platform to further strengthen the growing economic partnership between Indonesia and Bangladesh.
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This activity was attended by more than 150 Bangladeshi businessmen, the majority of whom were investors and importers of Indonesian products in Bangladesh, as well as representatives of a number of SOEs and private Indonesian companies operating in Bangladesh.
There is a high interest from Bangladeshi businessmen to expand with the economy and Indonesia, especially in the energy sector, maritime logistics, mining, health, textiles and food sectors.
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