[Iran] - PTA essential for Iran-Indonesia trade growth: Indonesian envoy

INSUBCONTINENT EXCLUSIVE:
TEHRAN- Indonesian Ambassador to Tehran Ronny Prasetyo Yuliantoro said that a preferential trade agreement (PTA) is important for the
Promotion Organization (TPO), at the place of the organization on Tuesday.He said that his country is examining the package proposed by
Iran, and expressed hope that the PTA between the two countries will be finalized soon, because this agreement is of particular importance
for the parties' access to each other's markets.In this meeting, the ambassador of Indonesia invited Iranian businessmen to attend
reception of trade delegations and active presence in the exhibitions of the target countries as priorities of this organization.Referring
to the extensive relations between Iran and Indonesia from the past to the present, Zeyghami pointed to the issue of barter trade agreement
between the two countries and said this agreement can develop trade between the two sides.The value of trade between Iran and Indonesia
reached nearly one billion dollars in the past Iranian calendar year 1401 (ended on March 20).Of the mentioned figure, $847 million was the
consumption markets, and this country's market is the main destination of many countries' export goods
advantage of the economic status of Indonesia and expand its trade with this country.In recent years, Iran has started to sign preferential
trade agreements with other countries to expand its economic relations through the reduction of tariff rates
A clear example of this policy is the trade agreement with the Eurasian Economic Union (EAEU) and Pakistan, based on them zero tariffs are
to be applied on at least 100 items.Iran also signed a PTA with Indonesia on May 23 during the trip of President Ebrahim Raisi to
Jakarta.During this trip, the two sides inked 11 agreements on cooperation in different areas, including oil and gas, in the presence of the
Indonesia have various fields and capacities to improve the level of relations, emphasizing that the signing of numerous cooperation
agreements in various fields shows the determination of the two countries to develop relations in all fields.Referring to the goal set to
traders and businessmen in Tehran, after which, the minister said that the Indonesian traders are very willing to expand ties with Iran.By
removing the obstacles, the commercial exchanges between Iran and Indonesia can be multiplied quickly, the minister noted.Zarepour also met
Indonesian Trade Minister Zulkifli Hasan on Monday prior to the trip of President Raisi to Indonesia in order to finalize the documents of
expanding trade between the two countries.The data of the last decade of Iran's trade with Indonesia show that the peak of Iran's trade
relations with this country was in the Iranian calendar year 1400 (ended on March 20, 2022), which can be a turning point in history of
trade between the two countries.Iran's 10-year exports to Indonesia show that in 1400, the highest value of exports to Indonesia occurred in
country have increased from 60 million dollars in 1392 to more than one billion dollars in 1400
This is a sign of the potential of relations between the two countries in the economic area.Indonesian ambassador to Tehran has said that
Iran can use Indonesia as a hub for marketing its products in the ASEAN countries.The envoy made the remarks in an interview conducted by
Iran] have some great potential that can be developed, for instance now with regard to the health field we can have some kind of
also mentioned that the membership of Iran and Indonesia in important regional and international agreements and alliances such as the World
Trade Organization (WTO), the Non-Aligned Movement (NAM), Organization of Islamic Cooperation (OIC), and the D-8 Organization for Economic
platforms, Iran and Indonesia are determined to deepen cooperation in various fields, including commercial and economic areas.MAPhoto: TPO
Head Mehdi Zeyghami (R) and Indonesian Ambassador to Tehran Ronny Prasetyo Yuliantoro