Tue, 13 Jul 1999

RI, Norway form business council

JAKARTA (JP): The Royal Norwegian Embassy in Jakarta announced on Monday Indonesian and Norwegian firms had formed the Indonesian-Norway Business Council (INBC) to promote trade between the two countries.

The embassy said in a statement the council would provide a forum for businessmen from both countries to discuss and exchange views on business conditions, both domestic and international, which affect their businesses.

The council aims at promoting trade, commerce, industry and investment between Indonesia and Norway's public and private sectors.

The council will provide information and assistance to Indonesian firms seeking to do business in Norway and Norwegian firms interested in doing business in Indonesia.

INBC is run by a board of directors and the secretariat is located at the Norwegian Trade Council in the Menara Rajawali Building in Jakarta.

President of PT Giwang Kanaka Muh Eddy Gozali has been appointed council chairman and Blom ASA Terje managing director Lund Henriksen was named cochairman for the period of 1999 to 2001.(jsk)