Related News
Jakarta (ANTARA News) - Chief Economic Minister Hatta Rajasa said Indonesia-Malaysia trade ties were running as usual although both nations were facing strained relations over border problems.

"So far so good," he said before attending a cabinet meeting here on Tuesday.

He said that Indonesia had no plan to withdraw Malaysian goods circulating in Indonesia, and had no intention to embargo Kuala Lumpur`s products.

Hatta said that Indonesia was admittedly in a dispute with Malaysia over their borders and security, and in this case Indonesia opted to adopt a firm stance.

However, Indonesia should remain to think logically and full of calculations in taking a decision, he said.

Tension between Indonesia and Malaysia has been on the rise since the arrest by Malaysian police of Indonesian maritime patrol officers.

Indonesian and Malaysia mutually rely on each other on trade matters. Last May, the two countries agreed to revive a joint commission which once developed by both countries but was halted in 2004.

Trade Minister Mari Elka Pangestu predicted that Indonesian non oil exports in 2010 would equalize those in 2008 which reached 107.8 billion dollars.

The ministry of trade has once announced Indonesia`s plan to increase its non oil exports to non-traditional export destination nations like China, India, South Korea, Malaysia and other ASEAN countries.

(A014/S026)

Editor: Suryanto
COPYRIGHT © 2012

Comment
Send Comment