Indonesian envoy urges joint ventures to ensure trade balance

It was said by Adam M Tugio, Ambassador of the Republic of Indonesia, while addressing a seminar on ‘Sustainable Vegetable Oils: Opportunities for Increased Healthy Food & Two-way Trade’ jointly organised by the Embassy of the Republic of Indonesia and University of the Agriculture Faisalabad here on Friday.

He was addressing an International Seminar on “Sustainable Vegetable Oils: Opportunities for Increased Healthy Food & Two-way Trade”, jointly organised by the Embassy of the Republic of Indonesia and University of the Agriculture Faisalabad (UAF) here. He said that both countries had inked a PTA (Preferential Treatment Agreement) for the promotion of bilateral trade of agriculture commodities at reduced tariffs. He said that Indonesia imports Kinnow and mangoes in lieu of its palm oil.

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