Pakistan gets a big news from Indonesia

[The Eagle]

Pakistan gets a big news from Indonesia
22 Feb, 2019

ISLAMABAD: Indonesia has issued a formal notification for the correction of Indonesia-Pakistan Preferential Trade Agreement (IP-PTA) by offering immediate market access for 20 products of Pakistan’s prime interest.

The priority products included mangoes, broken rice, ethanol, tobacco, yarn and fabric, home textile, terry towel, apparel and knitwear.

A memorandum of understanding to amend the Preferential Trade Agreement between the two countries was signed during the visit of the Indonesian president in January 2018. Following this, a meeting was held between the Indonesian trade minister and Commerce Secretary Younas Dagha on the sidelines of Shanghai Expo in 2018 wherein the latter underlined the need for correction in PTA and requested for early resolution of this issue.

The secretary also took up the issue of non-tariff barriers imposed on Pakistani agriculture products by Indonesia . Owing to the sustained efforts of the Ministry of Commerce, Indonesia has finally offered unilateral market access for Pakistani products.

 

[D!nGa Ch!Ba]

Indeed a good opportunity and Pakistani manufacturer should increase the quality of the products and bring some innovation to get the max from the offer.

 

[313ghazi]

Great news. We should try to increase trade with Indonesia. It is a HUGE giant of a market and also a Muslim country.

 

[Jinn Baba]

Excellent news.

But IK with his known name and ties in UK should really be targeting a post-Brexit UK. The UK is currently looking for trade deals and we have a massive Pakistani presence here. Come on IK, make it happen!!!

 

[Handshake]

Be aware to do busines with indonesians.
They are very nice peoples but bad in busines. Personal experiance with more then 15 peoples.

 

[trishna_amṛta]

Be aware to do busines with indonesians.
They are very nice peoples but bad in busines. Personal experiance with more then 15 peoples.

The feeling is mutual here. I'll be extremely wary for doing business with any Pakistani. All my previous encounter with Pakistani has always came very close for trading fist & kick (literally speaking here)

Pakistan gets a big news from Indonesia
22 Feb, 2019

ISLAMABAD: Indonesia has issued a formal notification for the correction of Indonesia-Pakistan Preferential Trade Agreement (IP-PTA) by offering immediate market access for 20 products of Pakistan’s prime interest.

The priority products included mangoes, broken rice, ethanol, tobacco, yarn and fabric, home textile, terry towel, apparel and knitwear.

A memorandum of understanding to amend the Preferential Trade Agreement between the two countries was signed during the visit of the Indonesian president in January 2018.

With the exception of mangoes and tobaccos all those Pakistan commodities has good potential in Indonesia market.
FYI The reciprocity of this deal is Pakistan open more access for Indonesia palm oil products and it's derivatives.

 

[AZADPAKISTAN2009]

• Massive news as these are all repeat order categories