KARACHI: There exists immense potential to enhance bilateral trade between Indonesia and Pakistan.
This was stated by the Indonesian Consul General in Karachi, Rossalis R. Adenan, here on Monday evening.
He told reporters that the bilateral trade between the two countries was dollars 1.6 billion last year and that this may be doubled hopefully in the next three years’ time as a lot of potential exists for improving further the trade ties between Indonesia and Pakistan.
The Indonesian Consul General was of the view that the preferential trade agreement (PTA) would help further spur the trade relations.
He pointed out that the PTA between Indonesia and Pakistan is in the process.
“Our Embassy in Islamabad and the Consulate General in Karachi would also encourage both the side to accelerate the process”, Adenan remarked.
He said that he has also been encouraging the Indonesian investors to come here and look at the potential for investment in various fields.
The Consul General said that he has been informing them that Karachi is the economic and commercial hub of Pakistan and well positioned for opportunities for the regional trade as well.