Hungarian Prime Minister to visit Indonesia to boost trade ties<\/p>\n
Veeramalla Anjaiah
\nThe Jakarta Post\/Jakarta<\/p>\n
Hungary's Prime Minister Ferenc Gyurcsany will arrive in
\nJakarta on Saturday for a three-day state visit to boost ties
\nwith Indonesia, Hungary's Ambassador Gyorgy Busztin said in
\nJakarta.<\/p>\n
\"The main aim of the visit is to strengthen the relations --
\nespecially trade ties -- between Hungary and Indonesia. Our prime
\nminister is bringing a 25-member business delegation with him.
\nThe business delegation is expected to clinch several business
\ndeals with Indonesian businesspeople,\" Hungarian Ambassador
\nBusztin told The Jakarta Post on Friday.<\/p>\n
Busztin said Gyurcsany and his entourage would arrive in
\nJakarta on Saturday evening. On Sunday, the prime minister will
\nleave for Yogyakarta, the cradle of Javanese culture, to meet
\nYogyakarta Sultan Hemangkubuwono X.<\/p>\n
Gyurcsany will be received by Indonesian President Susilo
\nBambang Yudhoyono at the State Palace in Jakarta on Monday.
\nSusilo will host a state banquet on Monday evening in honor of
\nthe prime minister.<\/p>\n
During his stay in Jakarta, Gyurcsany will meet House of
\nRepresentatives Speaker Agung Laksono and People's Consultative
\nAssembly Speaker Hidayat Nurwahid. He will also meet the chairman
\nof the Regional Representatives Council, Ginandjar Kartasasmita.<\/p>\n
There is another dimension to Gyurcsany's visit.<\/p>\n
\"This year, we are commemorating 50 years since the
\nestablishment of diplomatic relations with Indonesia,\" Busztin
\nsaid.<\/p>\n
Hungary, a Central European nation with a population of 10
\nmillion, is a member of the European Union. Indonesian businesses
\ncould use Hungary as an entry point to the heart of Europe
\nbecause it is a gateway to several Central and Eastern European
\ncountries.<\/p>\n
Bilateral trade between Indonesia and Hungary has been growing
\nat a tremendous pace.<\/p>\n
\"Our bilateral trade with Indonesia increased to US$180
\nmillion in 2004 from a mere $39.10 million in 2000. That is over
\na 400 percent increase.\" said the Hungarian Embassy's economic
\ncounselor, Andras Hrabovszki.<\/p>\n
But according to Busztin, a huge portion of the two countries'
\ntrade is being conducted through third countries.<\/p>\n
\"According to estimates, last year the total trade value of
\nthis indirect trade between Hungary and Indonesia reached almost
\n$200 million,\" Busztin said.<\/p>\n
Indonesia mainly exports information technology products,
\nelectronic appliances, garments, shoes, coffee, rubber and
\nfurniture to Hungary, and imports information technology
\nsoftware, power generation equipment and pharmaceutical items.<\/p>\n
The Hungarian delegation is expected to sign several
\nagreements and memorandums of understanding, including an
\neconomic cooperation agreement and a memorandum of understanding
\non tourism, during the visit, Hrabovszki said.<\/p>",
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