Indonesian Political, Business & Finance News

Prince Andrew meets RI trade minister

| Source: ANT
Jakarta (ANTARA News) - Britain`s Prince Andrew met with Indonesian Trade Minister Mari Elka Pangestu on Tuesday in his capacity as an investment and trade envoy of the British Royal Family.

Prince Andrew expressed keen interest in enhancing trade and investment relations between the two nations, Mari Pangestu said following the meeting.

"British investment in Indonesia reached a value of US$4.6 billion (according to data from the Investment Coordinating Board in the past 10 years), making Britain the second largest foreign investor in Indonesia after Singapore," she said.

British companies are mostly engaged in the retail, hotel, mining, oil, gas and automotive sectors in Indonesia.

The minister said Prince Andrew was also ready to support Indonesia`s trade and investment promotion campaigns in Britain. (*)
Tags: business
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