RI-China small business promotion<\/p>\n
JAKARTA (JP): The Indonesia-China Foundation for Economic,
\nSocial and Cultural Cooperation will discuss cooperation among
\nthe small and medium-scale businesses of the two countries in its
\nannual meeting in Beijing from Aug. 2 to Aug. 7.<\/p>\n
\"After 10 years of conducting direct trade between Indonesia
\nand China, it is about time for the two nations to promote the
\ninvolvement of their small-scale and medium-scale businesses in
\neconomic cooperation,\" the foundation's executive chairman,
\nNamawi, said here yesterday.<\/p>\n
The head of the foundation's Industry, Trade and Investment
\nDivision, Chris D. Walean, said that the business cooperation
\nbetween Indonesia and China increased sharply after the
\nresumption of direct trade in 1985.<\/p>\n
The two countries, which froze diplomatic relations in 1967,
\nnormalized their ties in 1990, several years after the direct
\ntrade resumption sponsored by the Indonesian Chamber of Commerce
\nand Industry.<\/p>\n
\"The two-way trade between Indonesia and China was recorded at
\nonly US$330 million in 1985 and increased to US$2.65 billion in
\n1994,\" Chris said.<\/p>\n
He said the trade could be increased further if the two
\ncountries overcame obstacles, including a lack of information on
\neach other's products and the prohibition on the use of Chinese
\ncharacters in business catalogs in Indonesia.<\/p>\n
Indonesia's exports to China consist mostly of oil and
\nplywood.<\/p>\n
Nawawi said Indonesia's delegation to the foundation's annual
\nmeeting will consist of 50 executives led by Sukamdani Sahid
\nGitosardjono, the foundation's chairman.<\/p>\n
Various issues, including investment opportunities and
\nprotection, as well as trade, will be discussed at the meeting,
\nhe said.<\/p>\n
The difficulties Chinese face in getting visas to Indonesia
\nwill also be discussed.<\/p>\n
He also said the foundation plans to celebrate the 10th
\nanniversary of the resumption of direct trade between the two
\ncountries. (31)<\/p>",
"url": "https:\/\/jawawa.id\/newsitem\/ri-china-small-business-promotion-1447893297",
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"sponsor": "Okusi Associates",
"sponsor_url": "https:\/\/okusiassociates.com"
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