RI, Taiwan expand cooperation

RI, Taiwan expand cooperation

JAKARTA (JP): Indonesian and visiting Taiwanese businessmen
held a one-day meeting here yesterday to discuss new joint
venture opportunities in manufacturing, agroindustry, tourism,
telecommunications, mining and energy.

The meeting, held under the framework of the 11th annual Joint
Economic Cooperation Conference, was also attended by Taiwan's
Minister of Economic Affairs P.K. Chiang who joined the 55-member
business delegation from Taipei.

The delegation, headed by Yao-Sheng Chen, Chairman of the
Indonesian Committee of the Chinese National Association
ofIndustry and Commerce, arrived here on Thursday for a five-day
visit which will include Surabaya and Bali.

The meeting yesterday also discussed bilateral cooperation in
small business development programs.

Taiwan's Export-Import Bank pledged a US$10 million loan to
helping develop small businesses in Indonesia under an agreement
with Bank Indonesia (central bank) which was signed soon after
the opening session of the meeting yesterday

Under the bilateral cooperation, 56 Indonesian small
businessmen will soon leave for Taiwan to attend an
entrepreneurship training program. (vin)