Indonesian Foreign Minister Marty Natalegawa and his Bosnia- Herzegovina counterpart, Svan Alkalaj, signed a memorandum of understanding to that effect at the end of a bilateral meeting held on the sidelines of the 16th Non-Aligned Movement Ministerial Meeting here on Friday.
The agreement was expected to increase interaction between the two peoples.
Indonesia recognized Bosnia-Herzegovina`s independence on May 20, 1992. Since the two countries opened diplomatic ties several years ago, a number of Bosnia-Herzegovina high officials have visited Indonesia.
Both countries have so far established good ties at international forums as they supported each other in their bids for membership of international organizations.
In the economic field, two-way trade between Indonesia and Bosnia-Herzegovina is relatively small and fluctuating all the time.
Indonesia`s exports to Bosnia-Herzegovina include glassware, wood, wood products, cocoa, tea, machinery and spare parts and pharmaceutical products.
Meanwhile, Indonesia has so far imported machinery, mechanical appliances and spare parts and optical instruments.
The two countries signed a trade agreement in 2002, an MoU on bilateral consultation in 2004 and an MoU between the two chambers of commerce and industry in 2004.
At the bilateral meeting, the two ministers also discussed a wide range of regional and international issues of mutual concern.
(SYS/S012/F001)
Editor: Suryanto
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