76th Independence Day of Indonesia & 54th Anniversary of ASEAN celebrated

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Post-Covid-19 scenario offers immense potential for business relations between Indonesia and Pakistan: Ambassador

Zubair Qureshi

Ambassador of Indonesia Adam M Tugio has said that amid Covid-19 driven global economic recession, economic and trade relations between Indonesia and Pakistan have continued to show a positive trend.

The Indonesian ambassador expressed these views at a reception organized for business community in connection with the 76th Indonesian Independence Day and the 54th Anniversary of the Association of the South East Asian Nations.

He expressed his sincere gratitude and appreciation to the distinguished guests for their contribution and role in improving investment and trade relations between Indonesia-Pakistan and ASEAN-Pakistan.

Federal Secretary of Commerce Muhamad Sualeh A. Farauqui was the chief guest.
Heads of ASEAN Missions in Islamabad, Diplomats, President Islamabad Chamber of Commerce and Industry (ICCI), Muhammad Shakeel Munir, President Rawalpindi Chamber of Commerce and Industry (RCCI), Nadeem A. Rauf and President of Pakistan- ASEAN Business Forum, Zafar Bahtawari and the business community and “friends of Indonesia” from the twin cities attended the reception in high number.

The reception which was organized at the luxury farm house of Khalid Farooq Qazi, a Pakistani businessman, began with the playing of the national anthems of Indonesia and Pakistan and the ASEAN Hymn which was followed by the cake cutting ceremony performed by the Indonesian Ambassador Adam Tugio while joined by the Chief guest, Heads of ASEAN Missions and other guests of honor.

Ambassador Adam M. Tugio said development of a beneficial and comprehensive ASEAN-Pakistan cooperation has special importance considering the emergence of geo-economic and geo-strategic regional alliances.

ASEAN countries, he continued, wanted a partnership with Pakistan through joint ventures and increased interaction in the fields of scientific research, education, information technology and agriculture in order to strengthen ASEAN-Pakistan cooperation in the future.

Despite COVID-19 pandemic the level of business interactions between Indonesia and Pakistan was successfully maintained.

The trade volume actually appreciated and registered an increase of 8% compared to 2019, reaching USD 2.5 billion with a surplus for Indonesia of USD 2.1 billion.

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