Kadin to sign deal with UK counterpart

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)