Indonesian Political, Business & Finance News

RI to open centers in Hungary

RI to open centers in Hungary

JAKARTA (JP): Indonesia wants to open a trade distribution center in Budapest in a bid to penetrate the markets of eastern and western Europe, Indonesian Ambassador to Hungary Hassan Abduldjalil has said.

Indonesian products could enter the European markets through ports in Hungary, Croatia and Slovenia, he told Antara in Berlin Thursday.

In a press conference on Indonesia's participation in the Spring Festival in Debrecen, Hungary last March 16, Abduldjalil said that after reaching Hungary's ports, Indonesian products could be distributed to European markets via land transportation once Hungary becomes a member of the European Union.

Indonesia and Hungary need to improve their bilateral trade ties as Indonesia only exports textile and textile products to Hungary, he said, adding that the country also intends to export palm oil to Hungary.

Indonesia in turn imported 40 gas-fueled buses from Hungary, the ambassador said.

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