Indonesian Political, Business & Finance News

RI, Namibia sign deal

| Source: JP

RI, Namibia sign deal

JAKARTA (JP): Indonesia's Foreign Minister Ali Alatas and his
Namibian counterpart Theo-Ben Gurirab signed an economic and
technical agreement yesterday to boost bilateral trade.

Alatas said the agreement was the first step in cooperation
between the two countries and would be followed by more specific
agreements.

"Today, we signed only a basic agreement in order to increase
our trade, economic and technical cooperation and partnerships
between private businesses from our two countries," he said.

Indonesia does not have established direct trade relations
with Namibia so the accord is expected to boost commercial ties.

Indonesian commodities, like textiles, sports shoes, rattan
products and food products reached Namibia through South Africa.
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