Jokowi optimistic of Namibia materializing Indonesia-SACU free trade

Jokowi optimistic of Namibia materializing Indonesia-SACU free trade

President Joko Widodo (Jokowi) during a bilateral meeting with the President of the Republic of Namibia Hage Gottfried Geingob and his delegation at the Bogor Presidential Palace on Thursday (8/30/2018). (Hanni Sofia)

Bogor (ANTARA News) - President Joko Widodo (Jokowi) is optimistic that Namibia would support Indonesia in realizing the start of negotiations on the establishment of a Preferential Trade Agreement (PTA) between Indonesia and the Southern African Customs Union (SACU).

While delivering a press statement with President of the Namibian Republic Hage Gottfried Geingob at the Bogor Presidential Palace on Thursday, President Jokowi noted that he had discussed trade cooperation at a bilateral meeting with the president and delegates from Namibia.

"I also encourage increased trade in Indonesia and Namibia through strengthening targets and a clear roadmap," he remarked.

President Jokowi said one of them had proposed a reduction in tariffs for the products of both nations.

"To this end, Indonesia seeks Namibia`s support for the start of the negotiation process for the establishment of a Preferential Trade Agreement (PTA) between Indonesia and the Southern African Customs Union (SACU)," he stated.

With the PTA in place, a reduction in tariffs is expected for products of Indonesia and SACU countries.

President Jokowi also encouraged cooperation in other fields, especially the strategic industries between the two countries.

"I also encourage cooperation in the field of strategic industry, and I am pleased that the Namibian delegation will visit PT Dirgantara Indonesia in Bandung tomorrow," he noted.

On the occasion, President Jokowi was accompanied by Foreign Minister Retno LP Marsudi, Minister of Public Works and Public Housing Basuki Hadimuljono, Minister of State Secretary Pratikno, Cabinet Secretary Pramono Anung, and Minister of Agriculture Amran Sulaiman.

Reported by Hanni Sofia
Edited by Eliswan, Sri Haryati

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