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India and Indonesia set an ambitious $50 billion target for bilateral trade over the next six years as Prime Minister Narendra Modi and President Joko Widodo discussed ways to deepen cooperation in a number of key areas including economy, defense, and maritime security. Exportimportbid Data Company is a leading import-export trade data providing company. We provide recent details and data of import and export. Enter your entire Import Export Data requirement https://www.exportimportbid.com/. Contact Person:- Deepak Pant, Phone No:- 91-9560057267
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Indonesia andIndia Target for NextSix Years to Cross$50 Billion inBilateral Trade
India and Indonesia have set an ambitious $50-billion target for bilateral trade over the next six years, said Agus P. Saptono, Consul General of the Republic of Indonesia,Mumbai. Addressing a FICCI business delegation comprising mainly spices exporters and traders at Kochi, he said Indonesia has emerged as the second largest trading partner of India in the ASEAN region. It is an important market for Indian spice buyers and the main imported raw materials for value-add and re-export are cloves, pepper, cassia, ginger, turmeric, cardamom and spice oils. India is also a key importer of spices from Indonesia, he added. Deepak L Aswani, Co-Chair, FICCI Kerala State Council said: “Kerala, the spice capital of India, has over 100 established organisations producing spices and exporting them to various destinations. More companies are engaged in import of spices raw materials and their value addition in spice blends, processed foods and for export or use in the domesticmarket”. The meeting also discussed various issues connected with spices export and import between India and Indonesia and suggested steps to enhance business and co-operation between both the sides.
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