'Made in Indonesia' expo will be held in Libya<\/p>\n
The Jakarta Post
\nJakarta<\/p>\n
To increase Indonesia's market share in Libya, the National
\nAgency for Export Development (BPEN) of the Ministry of Industry
\nand Trade will hold a solo exhibition in Tripoli, Libya, from
\nNov. 15 to Nov. 19.<\/p>\n
There will be 45 Indonesian companies at the expo, entitled
\n\"Made in Indonesia\", including service companies, producers of
\nconsumer goods, building material, pharmaceutical firms, oil,
\nautomotive spareparts, furniture as well as textile and garment
\ncompanies, the ministry said in a statement.<\/p>\n
The expo is part of the implementation of the memorandum of
\nunderstanding (MOU) on a Counter Trade Agreement signed between
\nIndonesia and Libya in August.<\/p>\n
The expo is expected to introduce more Indonesian goods to
\nLibyan people as well as people from neighboring countries.<\/p>\n
With a population of 5.5 million people and gross domestic
\nproduct (GDP) of US$41 billion in 2002, Libya has the highest GDP
\nin Africa.<\/p>\n
Lybia is a non-traditional export market for Indonesia, which
\nuntil recently only focused on the European, North American and
\nJapanese markets.<\/p>\n
According to the ministry, Indonesian exports to Libya reached
\n$4.32 million annually over the past five years, with the export
\nvalue reaching $5.8 million last year, up 20.02 percent from
\n2001.<\/p>\n
At present, Indonesia's main export commodities to the country
\nare plywood, rubber, steel, soap, glassware, paper, furniture,
\nspices, and footwear. Textile and garments, toiletries, tea,
\ncoffee, food products, plastic goods, stationary, electronics,
\ntires and machinery all have positive potential in the country.<\/p>",
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"sponsor": "Okusi Associates",
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