Malaysian keen on enhancing trade with Indonesia, says envoy
It will be the first annual consultation involving Prime Minister Datuk Seri Najib Razak and Indonesian President Joko Widodo, fondly known as Jokowi, since the latter assumed presidency in 2014.
Malaysia and Indonesia have set a bilateral target of advancing trade to as much as US$30 billion (RM120.8 billion) by 2014, but it could not be reached due the unfavourable economic scenario.
“Since both Malaysia and Indonesia have agreed to step up bilateral trade, it is appropriate for the economic cooperation (agenda) to be discussed,” he said Malaysian journalists covering Najib’s three day working visit here starting Monday.
Indonesia is Malaysia’s seventh largest trading partner and the third largest country among ASEAN members, with total bilateral trade between the two countries recorded at RM60.16 billion (US$1=RM4.06) in 2015.
Najib and Jokowi will also touch on economic cooperation, including energy, as well boundary, labour (including maid), and haze issues.
The 11th Annual Consultation reaffirms both countries’ commitment to further strengthen their friendly bilateral ties built over the years.
Najib, who will be arriving here with his wife Datin Seri Rosmah Mansor this afternoon, will also attend the 12th World Islamic Economic Forum (WIEF) starting Tuesday. — Bernama
from Malay Mail Online | All http://ift.tt/2aBZxlc
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