Jakarta (ANTARA) - Indonesia and New Zealand signed a memorandum of understanding (MoU) on Thursday to strengthen bilateral trade in agricultural commodities.

The agreement was signed by Indonesian Agriculture Minister Andi Amran Sulaiman and New Zealand’s Minister for Agriculture, Forestry, Trade and Investment, Todd McClay.

"We have signed an MoU to pursue a win-win solution and create trade balance. We are encouraging exports of CPO (crude palm oil), rubber, cacao, and coffee," Sulaiman said at a press conference the same day.

He added that New Zealand had expressed interest in increasing its imports from Indonesia.

While the value of the agreement was not disclosed, Sulaiman emphasized that New Zealand remains a strong and promising trading partner.

"This collaboration is a positive step for both countries, especially in light of current global trade and economic uncertainties," he said.

"We aim to maximize this opportunity to significantly boost agricultural exports, particularly of top commodities like CPO, and they welcomed this," Sulaiman added.

McClay, for his part, said the cooperation would also extend to agricultural technology exchanges to improve productivity in both countries.

He noted that he and Sulaiman had shared ideas and innovations on enhancing production and promoting food self-sufficiency.

McClay also expressed appreciation for Indonesia's hospitality, calling the country an important trading partner for New Zealand.

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Translator: Arnidhya Nur, Raka Adji
Editor: Anton Santoso
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