Indonesian trade mission seeks to boost export potential in Egypt

 Indonesia’s Trade Minister Zulkifli Hasan began a visit to Egypt on Sunday as Jakarta seeks to explore export potential in non-traditional markets in Africa.

Hasan will hold talks with Egypt’s Minister of Trade and Industry Ahmed Samir during the three-day trip, with Jakarta and Cairo expected to sign a memorandum of understanding to form a joint trade committee.
“We are hoping for new trade transactions and a willingness from the Egyptian side to start talks on Indonesia-Egypt PTA (Preferential Trade Agreement),” Hasan said in a statement shared with Arab News.
PTA will provide easier access for a number of products from both countries by reducing or eliminating duty rates, the minister said.