TEHRAN (Iran News) – Minister of Industry, Mine and Trade Mr. Seyed Reza Fatemi Amin in meeting with Indonesian delegation led by Vice-Speaker of People’s Representatives Council of Indonesia Mr. Rachmat Gobel called for finding ways for broadening the bilateral trade volume which is currently around $1b.
According to reports and during the meeting, Fatemi Amin said that Iran and Indonesia are two major powers in their own regions and they have deep bilateral political and cultural relations. He expressed hope that their economic relations would move ahead equaling their political and cultural relations.
Fatemi Amin pointed to setting target for increasing the bilateral economic relations, adding that during the visit of Indonesian president to Tehran in 2016, both sides decided to increase the trade to $2b but their bilateral trade is currently around one billion dollars and called for setting up workgroups to prepare roadmap for increasing bilateral trade between the two states.
He expressed interest in boosting bilateral economic relations and said that economies of Iran and Indonesia are complementary and each can provide the required products of the other party.
Fatemi Amin then emphasized the necessity of joint investment between the two states, adding that joint investments will deepen and broaden the relation between the two countries.
The minister then said that Indonesia has good capacities in the fields of palm oil, paper and rubber and it can use Chabaha Port as the regional hub for its exports.
He said that Iran enjoys having very good transit capacities in the north-south corridor, adding that Russia also is interested in expansion of this corridor by Iran because this route is the cheapest one.
Fatemi Amin went on to say that there are great opportunities in Iran for joint cooperation, stipulating that Iran’s steel industries and home appliances have progressed very well, adding that there are appropriate capacities for enhancing relations in some fields like medical equipment industries, auto-making and bio technology.
Then Indonesian official Mr. Gobel, for his part, said that this visit to Tehran was aimed at pursuing the previous talks and consultations with Iranian side for enhancing trade ties and following the emphasis of presidents of the two countries and announced readiness of Indonesia for deepening economic relations.
He pointed to the presence of Indonesian media representatives and private sector in his delegation to Tehran and said that the delegation had different meetings with the private sector and Iranian knowledge-based and technology companies.
Gobel went on to hail the progresses of Iran in the Nano-technology and knowledge-based fields and voiced readiness of Indonesia to take advantage of Iran’s progress in those fields. He reiterated that Iran and Indonesia can have joint valuable cooperation for both countries and Muslim ummah with joint cooperation in the fields especially in the health technology.
Indonesian Ambassador to Tehran Mr. Ronny P. Yuliantoro as well as Head of Iran Trade Promotion Organization Alireza Peyman Pak as well as some of the foreign ministry officials were present in this meeting.