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Indonesia, Mozambique strengthen economic cooperation

During her freshly-ended working visit to Maputo, Indonesian Foreign Minister Retno Marsudi held bilateral meetings with the Mozambican President, Prime Minister and Foreign Minister to discuss ways to boost economic ties.
Indonesia, Mozambique strengthen economic cooperation ảnh 1Indonesian Foreign Minister Retno Marsudi (Source:apanews.net)

Jakarta (VNA) – During her freshly-ended working visit to Maputo, IndonesianForeign Minister Retno Marsudi held bilateral meetings with the MozambicanPresident, Prime Minister and Foreign Minister to discuss ways to boosteconomic ties.

According to theIndonesian Ministry of Foreign Affairs, the meetings focused on seven priorityareas of concrete economic cooperation, including energy, trade, expansion ofthe Mozambican market for Indonesian products, strategic industries, train cars,security documents (including currency printing), cotton and raw materials suchas tobacco and nuts.

During themeeting with the Mozambique Foreign Minister, both ministers also agreed todrive the finalisation of a number of bilateral agreements in various fieldssuch as fisheries, agriculture, and developments of small- and medium-sizedenterprises.

Minister Retnosaid Indonesia is committed to enhance capacity building in the priority sectorsof cooperation including agriculture, fisheries, and tourism.

Mozambique isone of Indonesia’s main trade partners in Africa. However, two-way tradedropped to 34 million USD in the first 10 months of 2016 from 106 million USDin the previous year.

At a businessforum with the participation of over 50 local businessmen, the Indonesianminister urged enterprises of both nations to take all possible opportunitiesto recover bilateral trade and investment.-VNA
VNA
#economic cooperation#Indonesia#Mozambique
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