Indonesian Political, Business & Finance News

Czech-RI business meeting

| Source: JP

Czech-RI business meeting

JAKARTA (JP): Some 48 businessmen representing 36 Czech
companies will gather at the World Trade Center here next Monday
to engage in one-on-one meetings to forge potential commercial
relations with Indonesian counterparts.

Czech Ambassador Jaroslav Olsa said here yesterday that
meetings will coincide with the three day Indonesian visit of
Czech Prime Minister Vaclav Klaus, who will arrive here yesterday
under the invitation of President Soeharto.

Apart from Soeharto, Klaus is also scheduled to meet with
Coordinating Minister for Industry and Trade Hartarto during his
stay here.

Trade between the two countries last year reached US$30
million, the Czech republic having a $4 million trade surplus.

Jozef Piga, first secretary at the Czech embassy in Jakarta,
estimates that total bilateral trade this year will increase to
$35 million.

Among the 36 Czech companies represented at the meeting will
be Skoda Diesel A.S., a producer of diesel and gas engines, Tatra
A.S., a maker of heavy-duty trucks with gross sales of over
US$180 million in 1993, and the S.R.B. CR Ltd., which deals with
industrial pipeline construction.

To coincide with Prime Minister Klaus' trip here, a cement
production seminar will also be held by the Nitro Consulting
Group at the Hotel Borobudur Inter-Continental.(mds)

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