Kadin to sign deal with UK counterpart

The Jakarta branch of the Indonesian Chamber of Commerce and Industry (Kadin Jaya) will sign a Memorandum of Understanding (MOU) with the its London counterpart on June 20, 1994.

Kadin Jaya chairman Soekardjo Hardjosoewirjo was quoted by Antara as saying that the MOU was the end-result of a visit made by Kadin Jaya's executives to Britain several months ago. He added that it will encompass areas in equipment procurement and investment in infrastructure.

A delegation of 30 British businessman are scheduled to arrive here for the signing and to seek-out other possible areas of cooperation.

Kadin Jaya will also receive a delegation from the Istanbul chamber of commerce sometime in the near future. Soekardjo said that Turkey is a potential market for Indonesian textile products and a gateway to the European market.(mds)