
Pakistan and Indonesia have signed a memorandum of understanding to establish an Indonesia-Pakistan Joint Trade Committee to strengthen trade dialogue and address opportunities and challenges in bilateral commerce.
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Commerce Minister Jam Kamal Khan and Indonesian Vice Minister of Trade Dyah Roro Esty Widya Putri signed a memorandum of understanding in Islamabad following high level talks. The development coincided with a reception hosted by the Indonesian Consulate General in Karachi, attended by government officials and business representatives from both sides.
During the talks, the commerce minister described Indonesia as strategically important within Asean and said it could serve as a regional hub for wider economic cooperation. He said Pakistan could supply minerals, cosmetics, pharmaceuticals and agri food commodities to the Indonesian market. He also shared Pakistan’s plan to hold a single country exhibition and business forum in Jakarta, with participation from Asean member states.
The Trade Development Authority of Pakistan sought Indonesian support on early fruit import quotas, certification requirements, rice quota notifications and market access for industrial grade potatoes. Both sides agreed to expand the existing preferential trade agreement with the objective of moving toward a Comprehensive Economic Partnership Agreement.
With bilateral trade exceeding four billion dollars, both countries reaffirmed their commitment to strengthening economic ties through the newly established Joint Trade Committee.
