Indonesian Economic Delegation Visits Israel

(Communicated by Foreign Ministry Spokesman)
May 16, 2000

Mr. Victor Harel, Deputy Director General for Economic Affairs in the Ministry of Foreign Affairs, today (May 16, 2000) hosted a working lunch for an Indonesian business, trade and investment mission to Israel. The delegation, headed by Mr. Aburizal Bakrie, President of the Indonesian Chamber of Commerce and Industry, has 34 members. Representatives of Israel’s Ministry of Industry and Trade, the Federation of Israeli Chambers of Commerce and Indonesian business people also participated in the meeting.

During the discussion, the possibilities for easing the granting of entrance visas for Israeli business people, the official cancellation of Indonesian trade barriers and the opening of economic offices in the two countries were discussed.

Direct trade relations between Israel and Indonesia already exist. According to data from the Central Bureau of Statistics, in 1999 the general trade between the two states stood at approximately 20.5 million USD. Imports from Indonesia reached about 12.7 million dollars and exports stood at approximately 7.8 million dollars. Statistics for the first quarter of 2000 indicate a significant rise in the amount of trade between the two states.