Arab Today, arab today malaysia indonesia target us30 billion bilateral trade
Last Updated : GMT 12:34:01
Arab Today, arab today
Arab Today, arab today

Malaysia, Indonesia target US$30 billion bilateral trade

Arab Today, arab today

Arab Today, arab today Malaysia, Indonesia target US$30 billion bilateral trade

Putrajaya - QNA

Malaysia and Indonesia are targeting bilateral trade between the two countries to clinch US$30 billion by 2015, Malaysian Prime Minister Mohammed Najib Abdul Razak said Tuesday. He said although the target is seen to be ambitious, the two countries believed the target was attainable, given the rapid pace of development taking place in the two neighbouring nations. “This is an ambitious target, reflecting the seriousness of the two governments to forge economic collaborations,” he told a joint media conference with Indonesian President Susilo Bambang Yudhoyono. Earlier, Najib held a bilateral meeting with Susilo to mark the Ninth Malaysia-Indonesia Annual Consultation, according to (Bernama) news agency. Between January and October, two-way trade between the two nations rose by US$1 billion to US$15.9 billion from US$14.9 billion in the same period last year, said Najib, who is also Finance Minister. The prime minister said both sides agreed to remove non-tariff barriers, which could impede bilateral trade, through joint trade investment committees. Last year, total trade between Malaysia and Indonesia amounted to US$18.3 billion. On investments, Najib said Malaysia was the sixth largest investor in Indonesia, while Indonesian investors are seen to be making substantial investments in Malaysia of late particularly in the hotel sector. At the same time, Najib said Malaysia would also create more business and investment opportunities for Indonesian firms. Meanwhile, Susilo said both sides agreed that there were still avenues to enhance economic collaborations between the two countries in the long run. He said the Indonesian economy has vast growth potential just like the Malaysian economy which “is seeing a healthy and vibrant growth.” “There is still bright potential for further cooperation and we have agreed to think of long-term economic cooperation,” he added.

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today malaysia indonesia target us30 billion bilateral trade Arab Today, arab today malaysia indonesia target us30 billion bilateral trade

 



Arab Today, arab today
Arab Today, arab today Hats, scarves add beauty to women

GMT 19:10 2017 Friday ,17 February

Hats, scarves add beauty to women
Arab Today, arab today Tourist guide reveals methods of tourist attractions

GMT 17:46 2017 Saturday ,18 February

Tourist guide reveals methods of tourist attractions
Arab Today, arab today To release new antiques collection

GMT 20:33 2017 Friday ,17 February

To release new antiques collection
Arab Today, arab today Air raid kills eight women, child

GMT 06:42 2017 Friday ,17 February

Air raid kills eight women, child
Arab Today, arab today Murder of 2 reporters in Dominican Republic

GMT 22:45 2017 Thursday ,16 February

Murder of 2 reporters in Dominican Republic
View News in Arabic - Business: نفط وبتروكيماويات
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Kidogo provides childcare for underserved

GMT 20:24 2017 Wednesday ,15 February

Kidogo provides childcare for underserved
Arab Today, arab today Tragic fluctuations of Bakhtiari's life revealed

GMT 06:50 2017 Wednesday ,15 February

Tragic fluctuations of Bakhtiari's life revealed
Arab Today, arab today London to tax old cars

GMT 14:06 2017 Friday ,17 February

London to tax old cars
Arab Today, arab today Pluto's unruly moons

GMT 06:31 2015 Thursday ,04 June

Pluto's unruly moons
Arab Today, arab today Competes Sweden and Germans by S90

GMT 22:36 2017 Thursday ,16 February

Competes Sweden and Germans by S90
Arab Today, arab today Porsche reveals new 2018 Panamera

GMT 17:31 2017 Wednesday ,15 February

Porsche reveals new 2018 Panamera
Arab Today, arab today Actress Nadeen Al Rassi views art as her entity

GMT 07:30 2017 Saturday ,18 February

Actress Nadeen Al Rassi views art as her entity
Arab Today, arab today Teach monkeys to recognize themselves in mirror

GMT 20:41 2017 Wednesday ,15 February

Teach monkeys to recognize themselves in mirror

GMT 07:05 2017 Friday ,17 February

Singer Diana Karzon will issue a new album soon

GMT 06:40 2017 Friday ,10 February

MP calls for removing text from Islamic story

GMT 13:16 2017 Tuesday ,14 February

First fashion model with Down syndrome

GMT 10:26 2017 Tuesday ,14 February

Emergency UN meeting in Harare

GMT 14:04 2017 Tuesday ,14 February

"Lagom" new Swedish concept in interior design

GMT 12:07 2017 Thursday ,16 February

Bite-mimicking malaria vaccine

GMT 09:03 2017 Thursday ,16 February

Tour guide praises women’s beaches

GMT 13:12 2015 Saturday ,09 May

Sheikh Sultan opens Sharjah Centre

GMT 21:42 2017 Sunday ,12 February

Rania al-Ghazali designs candles of bubbles
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday