Indonesia to capture huge chance in Bangladesh

25 March, 2013 | Source: The Jakarta Post

Indonesia opened a new chapter in bilateral ties with Bangladesh, committing to enhance contacts between public officials and the private sector in a bid to expand cooperation in one of the major non-traditional markets for Indonesian products.


During his two-day visit in Dhaka, Foreign Minister Marty Natalegawa met with his Bangladeshi counterpart Dipu Moni on Thursday, followed by a courtesy call with Prime Minister Sheikh Hasina on Friday.

“Our meeting has created positive momentum for the two countries to continue working together to bolster cooperation and advance our relations in all areas,” Marty said in a release sent to The Jakarta Post on Friday.

The two ministers discussed ways to explore initiatives to develop cooperation in various areas including trade and investment, agriculture, defense, education, food security, good governance, counterterrorism, research and technology as well as disaster mitigation and management.

Marty said that bilateral relations with Bangladesh, the world’s fourth largest Muslim population, remained strong since 1972.

In 2012, trade value between Indonesia and Bangladesh was recorded at US$1.17 billion. Bangladesh’s economy in the past three years has consistently grown above 6 percent.

Indonesia and Bangladesh are categorized under the so-called “Next Eleven” (N-11), a concept created by Goldman Sachs’ Jim O’Neill in 2005, in which he identified the next eleven emerging countries that could have a BRIC-like impact on the world economy.

The N-11 comprises Bangladesh, Egypt, Indonesia, Iran, Korea, Mexico, Nigeria, Pakistan, Philippines, Turkey and Vietnam.

Marking the first working visit to Bangladesh, Marty noted that the close friendship between President Susilo Bambang Yudhoyono and Prime Minister Hasina had contributed to the strengthening ties.

Both ministers concluded with an exchange of notes for the ratification of the Agreement on Visa Exemption for Holders of Diplomatic/Services Passports signed by the two countries in August 2010.

Indonesia and Bangladesh agreed to the convening of the forthcoming third meeting of the joint commission for bilateral cooperation in Bangladesh in 2013/2014 at the ministerial level. The two previous meetings in 2007 and 2010 were led by the respective senior officials at the director general level.

Besides bilateral issues, the ministers also discussed regional challenges including the Rohingyas.

 

Indonesian Foreign Minister Retno Marsudi and her Maldivian counterpart Mohamed Asim will hold a bilateral meeting in Jakarta on Wednesday (June 21) to discuss the cooperation in tourism sector.
The United Nations Food and Agriculture Organization (FAO) has praised Indonesia for its role in fighting illegal, unreported, unregulated (IUU) fishing, the Indonesian Embassy in Rome said.
Indonesias real GDP growth is projected to increase from 5.2 percent this year to 5.3 percent in 2018, according to the World Banks June 2017 Indonesia Economic Quarterly.
Jakarta (ANTARA News) - Former president of the United States, Barack Obama, is scheduled to deliver a keynote speech at the opening session of the 4th Congress of Indonesian Diaspora in Jakarta on July 1, 2017.
Jakarta (ANTARA News) - Indonesian Minister of Foreign Affairs Retno Marsudi spoke by phone with her counterparts of the Middle East in a bid to ease the crisis between Qatar and a group of Arab countries.
Tokyo, Japan (ANTARA News) - Indonesian Vice President Jusuf Kalla and Japanese Prime Minister Shinzo Abe discussed accelerating the development of medium-speed railway facilities on the Jakarta-Surabaya route during a bilateral meeting after the 23rd International Forum: Future of Asia.
Address: 1068 Budapest, Városligeti fasor 26. | MAP |
Phone: (+36-1) 413 3800 Fax: (+36-1) 322 8669
E-mail: embassy@indonesianembassy.hu