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Indonesian CG urges Pakistan to diversify exports to address trade imbalance

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Dr. June KuncoroHadiningrat, Consul General of Indonesia, emphasized the importance of diversifying Pakistan’s exports to Indonesia during a farewell reception hosted by the Karachi Chamber of Commerce and Industry (KCCI). Dr. Kuncoro praised Karachi’s manufacturing sector, highlighting the potential for Pakistani products such as leather goods and surgical instruments to enter the Indonesian market and help address the current trade imbalance between the two countries.

At the reception, Dr. Kuncoro noted that Indonesian delegations often favor shopping in Karachi due to the high quality of its products. He reflected positively on the progress made during his tenure, including the successful export of Pakistani rice to Indonesia.

He encouraged continued efforts to enhance trade relations, citing ZubairMotiwala’s initiative in organizing a Single Country exhibition in Jakarta as a significant step forward. ZubairMotiwala, Chairman of the Businessmen Group (BMG), commended Dr. Kuncoro for his support and accessibility, noting that the Consul General had been instrumental in facilitating visa, travel, and trade issues for Karachi’s business community. Motiwala also urged Dr. Kuncoro to advocate for the removal of quota restrictions on Pakistani exports to Indonesia, which could help balance the trade disparity. The current trade imbalance shows Pakistan exporting only US 125 million worth of goods to Indonesia while importing US 3.2 billion. Motiwala stressed the need for measures to boost Pakistan’s exports to address this imbalance effectively.

The event was attended by key figures including KCCI’s Senior Vice President Altaf A. Ghaffar, Vice President Tanveer Ahmed Barry, Chairman Diplomatic Missions & Embassies Liaison Subcommittee FarooqAfzal, and former KCCI Presidents Majyd Aziz, Abdullah Zaki, Tariq Yousuf, and Muhammad Idrees, along with officials from the Indonesian Consulate.

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