Posted by: Agence Tunis Afrique Presse

A cooperation agreement to promote trade relations between Tunisia and Indonesia was signed on Monday between the Export Promotion Centre (CEPEX) and the Indonesian Export Development General Directorate.

This agreement will allow the exchange of information, experiences and promotional programmes with a view to strengthening trade which remains below estimates.

These exchanges have not exceeded, over the last 5 years, the average of 82 million dollars per year, said Trade Minister Omar Behi, during a Tunisian-Indonesian business forum, organised by the Indonesian Embassy in Tunis and the Chamber of Commerce and Industry.

The first round of negotiations on the preferential trade agreement between Tunisia and Indonesia, for the development of bilateral trade and strengthening of economic and trade cooperation between the two countries was organised, Monday, June 25, 2018, in Tunis.

This agreement is the result of an efficiency study prepared by the Indonesian Evaluation and Trade Development Agency, in cooperation with the Trade Ministry on the reality and prospects of Tunisian-Indonesian economic relations, all the more that the study highlights the significant untapped potential for economic and trade cooperation between the two countries.

For his part, Indonesian Minister of Trade Enggartiasto Lukita emphasised the importance of developing preferential trade before moving towards free trade, considering that this meeting is an opportunity to explore the sectors and products at market in Tunisia.

The official pointed out that Tunisia has an access portal to the Arab world, African and European, for Indonesia (6th economic power in the world), which is, in return, an access bridge for Tunisia, to markets in South and East Asia.

Forum participants highlighted the possibility of developing trade between the two countries in the areas of automotive, leather and footwear components, mechanical and electrical sectors, textiles, clothing, agricultural products, agro-food industries, and the pharmaceutical industry.

They called for implementing the role of the Tunisian-Indonesian joint Business Council, created since 2014, to bring together businessmen and intensify direct meetings between them.

The programme of this forum, which is part of the implementation of the recommendations of the 10th edition of the Tunisian-Indonesian joint commission, held in Tunis in October 2017, includes bilateral meetings between Tunisian and Indonesian investors.