"The political and economic situation in Indonesia has been transformed in the last decade and created better living conditions for its people. I think this is the right time for New Zealand and Indonesia to develop closer bilateral relations," the prime minister said here on Monday at the opening ceremony of the Indonesia-New Zealand Business Seminar.
Key noted that New Zealand anticipates potential cooperation with Indonesia in sectors such as agriculture, energy, education and transportation.
"We are interested in seeing Indonesia`s growing market. Our free trade agreement with Indonesia will be a tool to develop business and investment cooperation in the future," said Key.