Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
No Result
View All Result
Home International Customs Indonesia

Iran, Indonesia mull expanding ties

byCT Report
07/03/2017
in Indonesia, International Customs
Share on FacebookShare on Twitter

TEHRAN: As two developing Muslim countries, Iran and Indonesia have always enjoyed many commonalities. The Islamic Republic of Iran as one of the most distinguished countries in the region is now in a path that Indonesia experienced in terms of growth in gross domestic product over past few years. The Iranian and Indonesian officials have always expanded their interactions since Indonesian President Joko Widodo took office concurrent with President Hassan Rouhani’s second year in office. The visit by President Rouhani to Indonesia in May 2015 and the reciprocal visit by President Widodo to Iran in December 2016 as well as exchange of visits by the two countries’ other officials show their political will to boost their interactions. As one of the main poles of the Association of the Southeast Asian Nations (ASEAN), Indonesia, experienced a six percent growth in gross domestic product (GDP) between 2008 and 2013 and is considered a newly-emerge economy with vast capacities for cooperating with other countries.

The capacities and advantages of the two countries will pave the way for broadening of cooperation in different sectors, including trade and energy, and this can eventually accelerate the pace of the two countries’ developments. In an indication of fostering mutual cooperation, Indonesia’s 46-member economic delegation departed Jakarta for Tehran on Feb 25 to kick off talks with Iranian officials in the field of trade, energy, banking and agriculture. Coordinating Minister for Economic Affairs Darmin Nasution was heading the delegation. While in Tehran, the Indonesian delegation followed up agreements reached during the visit by President Joko Widodo to Iran last December as well as approvals of the 12th joint economic commission meeting. Meanwhile, continuation of gas imports by Indonesian State-owned Oil and Natural Gas Corporation Company (PERTAMINA) from Iran as one of the main subjects for discussion. Considering Indonesia’s neighbors like Malaysia and Australia are among gas exporters, so price of liquid natural gas (LNG) is important for Jakarta and its officials discussed and consulted this issue in Tehran visit.

You might also like

lamic banking assets reach Rs14.47 trillion, sector share rises to 23%

07/03/2026

Shippers see temporary lull in exports

05/02/2020
Tags: Indonesia mull expanding tiesIran

Related Stories

lamic banking assets reach Rs14.47 trillion, sector share rises to 23%

byCT Report
07/03/2026

KARACHI: Pakistan’s Islamic banking sector expanded during 2025, increasing its share in the country’s financial system with assets reaching nearly...

Shippers see temporary lull in exports

byadmin
05/02/2020

Shippers expect the coronavirus outbreak to have the greatest effect on farm product exports, notably fresh fruits and vegetables, with...

Toyota Motor Corp. employees work on the Crown vehicle production line at the company's Motomachi plant in Toyota City, Aichi, Japan, on Thursday, July 26, 2018. Toyota may stop importing some models into the U.S. if President Donald Trump raises vehicle tariffs, while other cars and trucks in showrooms will get more expensive, according to the automaker’s North American chief. Photographer: Shiho Fukada/Bloomberg

Toyota SA to invest over R4 billion in car assembly and parts

byadmin
05/02/2020

Toyota SA Motors (TSAM) has announced a R4.28bn investment in local vehicle assembly and parts supply. Speaking at the company’s...

Over 80 Kilos Cocaine Found On Dutch Plane In Argentina; Three Dutch Arrested

byadmin
05/02/2020

More than 80 kilograms of cocaine was found on a Martinair Cargo plane in Argentina. Seven men, three of whom...

Next Post

Turkish banks remain well-capitalized

  • Terms and Conditions
  • Disclaimer

© 2011 Customs Today -World's first newspaper on customs. Customs Today.

No Result
View All Result
  • Transfers and Postings
  • Latest News
  • Karachi
  • Islamabad
  • Lahore
  • National
  • Chambers & Associations
  • Business
  • About Us

© 2011 Customs Today -World's first newspaper on customs. Customs Today.