BEIJING: China has called on Indonesia to join the China International Import Expo (CIIE), scheduled in November this year, as one of the ways to boost trade between the two countries. Other than showcasing high-tech equipment, consumer goods, foodstuff, agricultural products and services, the CIIE will allow participants to conduct online and offline transactions through a “one-stop” transaction platform, the Chinese Embassy in Indonesia said in a press statement. Wang Liping, the economic and commercial counselor at the embassy, said companies from Indonesia could join firms from the United States, Japan, Australia, Brazil, Thailand and other countries to exhibit its products at the CIIE and expand its business in China. Businesses from all over China will attend the expo to procure goods and services. It is estimated that more than 150,000 domestic and foreign buyers will participate in the expo,” Wang said in the statement. The Chinese government expected that Indonesia could do more to promote specialties like woodcarvings, gems and prawn crackers, which have become more popular in China, on top of conventional products like bird’s nest, coffee, coconuts, coal, palm oil and rubber. In 2017, the volume of China’s total imports reached US$1.8 trillion and is expected to reach $10 trillion in the next five years.
IHC approves Telenor Pakistan-Ufone merger
ISLAMABAD – The Islamabad High Court (IHC) has approved the merger of Telenor Pakistan Private Limited with Pakistan Telecom Mobile...
