Belarus-Indonesia business forum

Date: 13 November 2019

The Belarusian Chamber of Commerce and Industry hosted a Belarus-Indonesia business forum. The forum has been arranged by the BelCCI jointly with the Indonesian Embassy in the Russian Federation.

Partaking in the event were the Ambassador Extraordinary and Plenipotentiary of the Republic of Indonesia to the Russian Federation (accredited to the Republic of Belarus), Mohamad Wahid Supriyadi, Deputy Chairman of the BelCCI, Sergei Nabeshko, representatives of the Ministry of Foreign Affairs of the Republic of Belarus, more than 30 enterprises and organizations of both countries.

The Deputy Chairman of the BelCCI said that the task to increase Belarus-Indonesia trade up to $1 billion is absolutely achievable in the near term. "We are interested not only in sales, but also in cooperation, localization, and strategic partnerships," he noted.

Indonesia is one of strategic markets for Belarus. It is the fourth biggest importer of Belarusian potassium chloride (after Brazil, China and India), is showing huge interest in Belarusian mechanical engineering companies. Besides, according to Sergei Nabeshko, Belarusian dairy producers believe that the Indonesian market holds a lot of promise, although they will have to challenge their competitors from New Zealand and Australia who are very active on this market.

Ambassador Extraordinary and Plenipotentiary of Indonesia Mohamad Wahid Supriyadi believes that potential of bilateral cooperation is inexhaustible. "I believe that once we start holding more business events, business people of the two countries will find more areas of common interest that will be later translated into joint trade projects. As far as Indonesia is concerned, we can supply fish products, various types of special equipment, fruits, and electronic equipment," the diplomat said.

The participants of the forum discussed cooperation prospects, business rules and regulations in Indonesia, as well as business climate and trade and economic opportunities in Belarus. Representatives of the Belarusian and Indonesian business communities negotiated possible partnerships in food production, metalworking, media communications, exhibition activities, and in other spheres.

Based on BelTA