ICCI eyes great potential for promoting Pak-Indonesia bilateral trade


Pakistan and Indonesia were huge markets with a combined population of over 493 million and they have great potential to cooperate with each other in many fields for enhancing bilateral trade.

This was said by Muhammad Shakeel Munir, President, Islamabad Chamber of Commerce and Industry while addressing a reception hosted by Adam M. Tugio, Ambassador of the Republic of Indonesia for business community to commemorate the 76th Anniversary of the Independence of Indonesia.

Shakeel Munir said that the bilateral trade between Pakistan and Indonesia in 2020 was around $2.5 billion, which was not up to the desired level given the capabilities and market size of both countries.

He emphasized that private sectors of both countries should be facilitated to improve two-way trade volume.—APP

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