RI eyes Senegal trade ties

RI eyes Senegal trade ties

JAKARTA (JP): Indonesia is exploring the possibility of
establishing trade ties with Senegal as part of efforts to expand
its trade with African countries.

So far, the two countries had not had trade cooperation
agreement to enhance two-way trade, Chairman of the Indonesian
Chamber of Commerce and Industry (KADIN) Committee for Islamic
and Middle East countries, Muchrim Hakim, was quoted by
Antara as saying on Friday.

The chamber would send a trade mission to the west African
country next month to explore trade and tourism potentials the
two countries could develop, he said.

Through trade ties between the two countries, Indonesia could
import iron ore, cotton and raw materials for fertilizers from
Senegal at lower prices, he said.

He said among the Indonesian goods which had good market
prospects in Senegal were textiles, garments, shoes and household
utensils.

To establish the trade ties with Senegal, Indonesia would seek
loans totaling US$ 100 million to US$ 150 million from the
Islamic Development Bank (IDB), he said.