The Indonesian Ambassador to Pakistan, Adam Mulawarman Tugio, has stated that Indonesia can play a vital role in offering economic and commercial prospects to Pakistan, as well as connecting with the prospective trade market of the Association of Southeast Asian Nations (ASEAN).
During a discussion at the Sarhad Chamber of Commerce and Industry here on Wednesday, the envoy mentioned this to members of the business/industrial community.
He stated that there was a significant opportunity to strengthen commercial and economic links between Pakistan and Indonesia.
Mr Tugio stated that his government intended to develop a unique capacity-building initiative to help Pakistan’s tourist sector.
“We could also strengthen bilateral collaboration and trade in textiles, pharmaceuticals, tourism, and other critical areas, in addition to palm oil imports,” the ambassador proposed.
Mr Tugio stated that Indonesia has temporarily put limits on the export of palm oil to the rest of the globe owing to the commodity’s price increase. He said that the embargo was enacted to help the local market and customers by delivering palm oil at a reduced price. However, he stated that the restriction will be abolished and palm oil exports to the rest of the world would restart very shortly.
“This is the appropriate time to expand Indonesian and Pakistani bilateral economic relations to new heights,” he said, adding that “we must go beyond palm oil imports and focused on other prospective industries as well as penetrate the ASEAN market.”
He announced the establishment of an Indonesia section at the University of Peshawar. He stated that online classes were held between institutions in Pakistan and Indonesia, which had played a vital role in enhancing collaboration in the education sector.
Furthermore, the ambassador stated that the Indonesian embassy, in partnership with the Directorate of Archaeology and Museums in Khyber Pakhtunkhwa, will work together to promote religious tourism in the region.
Mr Tugio agree with the SCCI president’s ideas and promised him that the business community will make every effort to improve joint trade and economic links.
Earlier, SCCI president Hasnain Khurshid Ahmad urged for the visa granting procedure to be simplified in order to reduce the challenges of the business community and boost bilateral economic partnerships.
He emphasised the need for Pakistan and Indonesia to form cooperative ventures to promote the tourist industry. Given the expanding need for palm oil, he encouraged Indonesia to aid Pakistan in increasing palm oil output.
He also advocated for the interchange of business-to-business delegations and the organisation of collaborative trade shows.
Mr Ahmad welcomed Indonesian businessmen to participate in Khyber Pakhtunkhwa’s palm oil, tourism, mining and minerals, gems and jewellery, hydropower generation, and other prospective areas.