New Delhi:
Indonesia Chamber of Commerce and Industry (KADIN) head Anindya Bakri said that bilateral trade between India and Indonesia is about 30 billion US dollars and may grow four times in a decade. He hoped that the two countries will grow together and serve the world effectively. Chief Executive Officer (CEO) of Bakri & Brothers, a company focused on manufacturing and infrastructure sector, said that historical cultural relations, trade and investment relations between the two countries are helpful in deepening.
The Bakri was part of the Indonesian President’s delegation to discuss business relations. He said, “This relationship is at the highest level ever. The current trade of US $ 30 billion in terms of trade and investment is still very low. If managed properly, it can be four times in 10 years. ”
Bakri said, “The more important aspect is how we can work together to serve the world, whether manufacturing, technology, medicine, education or energy change … any field.” India and Indonesia This year, the second meeting of the work group on trade and investment and the fourth biennial forum meeting of the business ministers is expected to be held to solve the pending fees and non-fee obstacles in the trade.
He said, “I think Indonesia and India can move forward very well together and cultural history definitely helps in it.” We feel proud of their interpretations of Ramayana, Bhagavad Gita and Mahabharata.
Bakri said, “Defense is an area on which our President wants to focus on, it is an area in which India is excellent. At the same time, given the strategic status of both India and Indonesia in the Indo-Pacific region, I am not surprised that it can cause jobs and there may be more balance in business. ”Significantly, this time on Republic Day, Indonesia President Prabovo Subianto was the chief guest.
On the statements of US President Donald Trump against BRICS countries, Bakri said that fees and non-fee obstacles are obstructed in free trade. The union of emerging national economies ‘BRICS’ includes Brazil, Russia, India, China and South Africa. He said, “In the second term of President Trump, we hope that our effort to become a member of BRICS will not be a hindrance in our future relations with America.”
He emphasized that the US remains an important trading partner for Indonesia and is one or two in the top one or two.
(This news has not been edited by the NDTV team. It has been published directly from the syndicate feed.)
(Tagstotranslate) Goodnews (T) India Indonesia Trade (T) Indonesia Business Chamber Chief