Yet another Islamic country expresses keen interest in exploring oil and gas sector, hydroelectric in Pakistan
*PESHAWAR - Indonesia has decided to enhance the economic ties with Pakistan and expressed special interest in the oil, gas and hydrocarbon reserves in the Khyber Pakhtunkhawa.*
*The embassy of Indonesia and Sarhad Chamber of Commerce and Industry (SCCI) have decided to enhance bilateral trade quantity, by looking into more investment prospects.*
Iwan Suyudhie Amri, Indonesia Ambassador to Pakistan and Zahid Shinwari, SCCI President also decided on point of exchange of business delegations and investment in oil, gas and hydroelectric power generation in Pakistan in general and Khyber-Pakhtunkhwa (K-P) specially.
A meeting was held between Indonesian diplomats and SCCI members in the provincial capital, where Amri said, “Indonesia is eager to expand all its support and it is on high precedence to encourage trade between these two countries.”
He also added that the trade volumes between Pakistan and Indonesia had augmented following a free trade agreement (FTA) between the two countries.
The Indonesian envoy informed SCCI members that also 20 more goods had been zero-rated, due to FTA, which can also be the main reason for improvised trade volume.