SA, Indonesia partner up

2017-07-26 06:01
Enggartiasto Lukita (left) from Indonesia, and Rob Davies, minister of Trade and Industry, at the third Joint Trade Committee Meeting held in Midrand on Friday (21/07). Photo: Supplied

Enggartiasto Lukita (left) from Indonesia, and Rob Davies, minister of Trade and Industry, at the third Joint Trade Committee Meeting held in Midrand on Friday (21/07). Photo: Supplied

Multimedia   ·   User Galleries   ·   News in Pictures Send us your pictures  ·  Send us your stories

South Africa and Indonesia agreed to identify sectors to explore investment opportunities.

Rob Davies, South African Minister of Trade and Industry, and his Indonesian counterpart, Enggartiasto Lukita, met on Friday (21/07) during the third Joint Trade Committee meeting held in Midrand, Johannesburg.

South Africa and Indonesia agreed to work together to facilitate the business-to-business contact and also support each other’s endeavours towards diversity exports.

They believe this will further improve the structure of trade.

“As South Africans, we are looking for productive activities and investments interests,” said Davies.

“It is therefore paramount to interrogate the study that was done to identify the challenges pertaining to investments.”

Both ministers also agreed that identifying these sectors will ensure that business communities from both countries optimise benefits from the existing complementarities in terms of the investments.

Currently, investments between the two countries are non-existent, but this is an opportunity for both countries to explore areas of investment and trade.

Two-way trade between South Africa and Indonesia experienced a relative upward trend since 2012. Total trade between the two countries grew from R12 billion in 2012 to R13 billion in 2016.

Lukita said South Africa is an important trading hub in the world and also a gateway for accessing the African markets.

Join the conversation! encourages commentary submitted via MyNews24. Contributions of 200 words or more will be considered for publication.

We reserve editorial discretion to decide what will be published.
Read our comments policy for guidelines on contributions.

Inside News24

Watch: Investing in the future through child development

An investment of R32-million into 11 early childhood development centres is changing the future for children in the Northern Cape.

Partner Content
What all investors should know about index investing

Index-linked investments are growing fast in popularity globally, and are growing in size and complexity too.


French Bulldog helps kids with facial differences

Lentil Bean is a french bulldog who was born with a severe cleft nose, lip and palate.



Weird things dogs do
Makeover saves dog’s life
For the love of Corgis!
Can we communicate with our pets?
Traffic Alerts
There are new stories on the homepage. Click here to see them.


Create Profile

Creating your profile will enable you to submit photos and stories to get published on News24.

Please provide a username for your profile page:

This username must be unique, cannot be edited and will be used in the URL to your profile page across the entire network.


Location Settings

News24 allows you to edit the display of certain components based on a location. If you wish to personalise the page based on your preferences, please select a location for each component and click "Submit" in order for the changes to take affect.

Facebook Sign-In

Hi News addict,

Join the News24 Community to be involved in breaking the news.

Log in with Facebook to comment and personalise news, weather and listings.