As reported by Antara, President Joko Widodo is convinced that his state visit to Pakistan will be a new cohesiveness to strengthen cooperation and friendship of both countries. For that, President Jokowi focuses on three main bilateral issues, namely economic cooperation, people-to-people contacts, and cooperation for Palestine.
President Jokowi said that the total value of trade after the implementation of the Preferential Trade Agreement (PTA) between the two countries has increased significantly since 2013. In 2016, it reached US$ 2.10 billion or grew by approximately 8.90% per year. To continue to increase trade, President Jokowi welcomes the signing of a Memorandum of Understanding for Joint Trade Promotion. “I welcome the formation of a joint venture for storage and processing of palm oil in the Port of Qosim, Karachi. This cooperation will enable Pakistan to be the center of palm oil and its processed goods in South and Central Asia regions,” said the President.
Earlier, when conducting a bilateral meeting with Prime Minister Narendra Modi of India in New Delhi, India, President Jokowi also conveyed the importance of increasing economic cooperation since the bilateral trade of both countries has actually started to grow from the past year but still far from its real potential. “Therefore, the effort to increase trade must continue to be done including eliminating trade barriers,” said the President.
Source: id.beritasatu.com
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