Surabaya, E Java (ANTARA News) - The Swiss Confederation Republic administration has established cooperation with the East Java provincial administration after developing various potentials of businesses by way of investment access facilities.
"The East Java potential drew the interest of Swiss businessmen in investing in this region," Djoko Susilo, Indonesian Ambassador to the Swiss Confederation Republic and the Kingdom of Liechtenstein, said in a business to business (B2B) meeting, and the signing of an MoU on Swiss and East Java investment flow at Hotel Majapahit in Surabaya Thursday night.
He said the signing of the MoU is a breakthrough and will promote industries in East Java and Switzerland.
With regard to East Java`s exports to Switzerland he said they included textiles and essential oils. The only problem is that East Javanese businessmen have problems in the use of English, and they were always of high cost.
"We believe that the cooperation would raise the balance of trade between Switzerland and East Java," he said. (*)