Wed, 27 Oct 2010

TEMPO Interactive, Shanghai:President Susilo Bambang Yudhoyono officially opened the Indonesia-China business forum yesterday afternoon. The forum involves a number if businessmen from both countries.

At least 500 businessmen from Indonesia and China welcomed the President at China Hall, Pudong Shangri-La Hotel, the venue. The President was accompanied by Trade Minister Mari Elka Pangestu.

The business forum was organized by the Indonesian Embassy in Beijing in cooperation with the China Council for the Promotion of International Trade.

The businessmen will sign at least 26 MoUs covering a variety of business areas.

The President is also scheduled to visit the Indonesia Pavillion, which exposes Indonesia’s diverse natural and cultural wealth.

Based on the Trade Minister’s report, said the President, the Indonesia Pavillion at the World 2010 Shanghai Expo targeted 3 million visitors.

"The initial target of 3 million visitors was achieved in July, 6 million on August 16, and as per October 23, the total number of visitors reached 7.734.801 or 11,1 percent from the total World Expo visitors, which is 69.7 million people," said the President.

Earlier, Teuku Faizasyah, the presidential special staff on international relations, said the meeting between the President and the Chinese businessmen was expected to encourage China to invest in Indonesia and expand the marketing of national products there.

“President Yudhoyono’s official visit to China coincided with the 60 years anniversary of Indonesia-China bilateral relations, relations that have been strengthened by strategic partnership,” he said on Friday.