India-Indonesia delegation met to develop trade between two nations
India Indonesia Forum on Sugar Trade was organized by the Embassy of India, jointly along with the Ministry of Trade, in Jakarta. The forum explored the potential of Business to Business trade in Sugar between India and Indonesia.
The Indian delegation was led by the Ambassador of India, Pradeep Kumar Rawat and Joint Secretary, Department of Food and Public Distribution E.K. Majhi and included senior officials from Department of Commerce, State Trading Corporation, National Federation of Cooperative Sugar Factories and also representatives from Indian Sugar Mill Association and All India Sugar Trade Association.
Indonesian delegation was led by the Director General of Foreign Trade of Indonesia, Oke Nurwan along with officials from Ministry of Trade and BULOG and industry counterparts from Indonesia led by Chairman of Asosiasi Gula Rafinsi Indonesia – AGRI (Sugar Refiners Association of Indonesia).
In his opening remarks, Ambassador Rawat underscored the need to expand and diversify the trade basket between India and Indonesia. He called for assessing the strengths and requirements of both countries in agricultural commodities and work out a mutually beneficial way.
Director General of Foreign Trade of Indonesia, Mr. Oke Nurwan in his keynote address urged Indian Industry representatives to forge deeper trade relations with their Indonesian counterparts and also look to share technology and experience in production and trade in sugar.
Indonesia is the second largest sugar importer in the world. In the visit of Indian Prime Minister to Indonesia in May 2018, the two leaders desired to optimize the cooperation between Indonesia and India for establishing a sustainable and mutually beneficial trade relations. The India Indonesia Forum on Sugar Trade was a follow up to the joint declaration issued during the PM’s visit and aimed to diversify Indian exports to Indonesia.
