Bilateral trade: KCCI, JCCI ink MoU

MoU will also reinforce the economic relation of the two countries in coming days, says KCCI president.

KARACHI: President of the Jakarta Chamber of Commerce and Industry (JCCI), Eddy Kuntadi and the Karachi Chamber of Commerce and Industry (KCCI) President Abdullah Zaki signed a memorandum of understanding (MoU) on Monday. The MoU underlined commitment of the two sides to assist through an increased cooperation mode among the industrialists, businessmen and entrepreneurs for the enhancement of trade and commerce between Indonesia and Pakistan. Kuntandi said that the MoU will play an important, strategic role for increasing the bilateral trade volume and economic growth of the two countries. He said that the MoU will pave way for the bilateral Preferential Trade Agreement (PTA) and hoped that the Indonesian export to Pakistan will increase in the years ahead. Zaki said that the MoU will not only prove to be a milestone in strengthening business relations but will also reinforce the economic relation of the two countries in coming days.

Published in The Express Tribune, October 23^rd, 2013.

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