09/03/08 14:20

Jakarta (ANTARA News) - The governments of Indonesia and Chili have agreed to set up a joint technical economic commission as a forum for increasing their bilateral ties and exploring new cooperation opportunities.

The Foreign Ministry in an official statement said here on Tuesday that the agreement was contained in a memorandum of understanding (MoU) signed in Santiago, Chili, this week by Director General for American and European Affairs of the Ministry of Foreign Affairs, Retno L.p. Marsudi and Director General for Foreign Affairs of Chili, Juan Pablo Lira in Santiago.

The establishment of the joint economic commission is one of the results of a bilateral consultation by delegations of the two countries held in Santiago on September 1-2, 2008.

So far, the two nations have established good cooperation in the fields of economy, education, fishery and maritime. Both sides are committed to increasing cooperation in the trade, air communications and energy fields.

As part of the efforts to boost Indonesia`s exports to Chili, Indonesia will organize a solo trade exhibition in Mall Plaza Oeste, Santiago, on September 3-7, 2008 where about 25 Indonesian businesses will take part.

Indonesia will display its primary products such as furniture, handicraft products, household utensils, ornaments, footwear, garments, traditional cosmetics and herbal medicines.

Indonesia will also promote its strategic industry products from PT Pindad (state-owned ammunition company) and state-owned aircraft industry PT Dirgantara.
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