RI, EU urged to focus on economic deal

Posted on October 22, 2013 by Nanthakumar Victor Emmanuel, P.Eng Leave a comment

“Deepening the trade relationship with the EU is a win-win situation, as the EU and Indonesia have complementary economies. Indonesia enjoyed a healthy €5.7 billion trade surplus with the EU last year,” he said.

“Concluding an agreement will increase overall trade by improving market access and just as importantly, it will attract even more European investment to Indonesia, by providing for a transparent and predictable regulatory framework through a CEPA.”

Indonesian Chamber of Commerce (Kadin) vice chairman Chris Kanter pointed out that – different from other bilateral relationships – Indonesia and the EU shared complementary interests.

“We need European investment and the Europeans need emerging markets. That’s a perfect match.” Kanter said.

http://www.thejakartapost.com/news/2013/10/22/ri-eu-urged-focus-economic-deal.html