RI to host APCA meeting

RI to host APCA meeting

JAKARTA (Antara): Indonesia will host the fourth annual conference of the Asia-Pacific Counter-Purchase Association (APCA) scheduled to be held here from Oct. 22 to Oct. 24.

Chairman of the conference's organizing committee, Hasjim S. Djojohadikusumo, said Thursday that the conference would be attended by 175 participants, 125 of whom would be from foreign countries.

President Soeharto was slated to open the conference at the State Palace on Oct. 22, he said.

According to Djojohadikusumo, chairman of PT Tirtamas Comexindo, the conference will discuss counter-purchase as an increasingly popular trend in trading in the globalization era.

The topics to be discussed will include Indonesia's and other ASEAN countries' experiences in counter-purchase trading, the role of banks in facilitating trade, and the challenges and strategies for developing countries in international trade development, said Djojohadikusumo, a businessman who has extensive experience in counter-purchase trading and who will be a speaker at the conference.