Welcome Guest   |  Login   |   Signup
JG Logo
Thu, May 24, 2012
Archive Search

Indonesia, EU Take Steps to Strengthen Industry Ties
Francezka Nangoy | February 02, 2012

Share This Page
2
15
0
0
Share with google+ :


Post a comment
Please login to post comment

Comments

Be the first to write your opinion!

A group of Indonesian industry associations have signed a memorandum of understanding with the European Union in a bid to build closer ties between Southeast Asia’s largest economy and the continent currently stuck in the economic doldrums.

In its first international business meeting on Thursday, the Indonesian Chamber of Commerce and Industry (Kadin) brought together eight industry associations in fields as diverse as footwear, fisheries and pharmaceuticals to sign a memorandum of understanding that pledged cooperation with their European counterparts.

“We can use this event as momentum to prepare Indonesian industries [as European markets are recovering],” Maxi Gunawan, the chairman of Kadin’s standing committee for international organizations cooperation, said after the signing.

Following the assent to the memorandum, Maxi said Kadin hoped to improve Indonesia’s standards of production, products and capacity building to compete in Europe.

The Indonesian parties that signed the memorandum included the Association of Indonesian Automotive Industries (Gaikindo), the Indonesian Food and Beverages Association (Gapmmi) and the Indonesian Automotive Parts and Components Industries Association (Giamm).

Other local signers were the Indonesian Footwear Association (Aprisindo), the Indonesian Textile Association (API), the Indonesian Pharmaceutical Association (GP Farmasi), the Indonesian Fishery Processing and Marketing Association (AP5I) and the Indonesian Herbs and Traditional Medicine Association (GP Jamu).

Representatives from Europe included the German-Indonesian Chamber of Industry and Commerce (Ekonid), the Indonesian French Chamber of Commerce and Industry (IFCCI), the British Chamber of Commerce and EuroChambres.

Julian Wilson, the European Union ambassador to Indonesia, said Indonesia and Europe had a strong partnership already and could make it even stronger.

“We are Indonesia’s second-largest market,” he said. “That is already a great success story, but it could be a lot better.”