RI-Venezuela trade rises

Fri, 19 Sep 1997 | Source: AFP

CARACAS (AFP): Trade between Indonesia and Venezuela grew fourfold in the past five years, Jakarta's top diplomat, Ali Alatas, said Wednesday, adding that there was potential for more growth.

"Between our two countries, there is great potential for trade," Alatas told reporters as he wrapped up a four-day visit here.

Trade volume between the two countries jumped from US$7.3 million in 1991 to $29.3 million in 1996, he said.

"I am hopeful that through exchanges of trade missions, we could realize and further enhance our two countries' potential for bilateral trade."

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