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Indonesia-Czech agreed to promote business opportunity

9th July 2012 | 4.099 Views
Jakarta (ANTARA News) - The Indonesian Chambers of Commerce and Industry (KADIN) and a Czech business group signed a memorandum of understanding (MoU) to promote business opportunities in order to strengthen bilateral cooperation in trade.

"We have agreed to promote our business opportunities. We`ll promote Indonesian businesses with the Czechs, as well as they promote theirs," said KADIN Chairman Danny Jozal here on Monday.

Danny said several businessmen representing 12 Czech companies attended a Czech-Indonesia Trade and Investment Forum which provided an opportunity for KADIN to promote Indonesian business interests.

He hoped that they could develop disclosure of information and promote business cooperation between the two countries.

Danny noted that Indonesian exports to Czech were bigger than its imports. Therefore, he added, that an opportunity to export to the Czechs was conducive ever since the latter had seceded from its communist regime.

"After Czech seceded itself from the communist regime, the country developed fast and advanced, providing conditions for Indonesian businessmen to promote their potential," he explained.

Czech Deputy of Trade and Industry Ministry Milan Hovorka said that his country was a prospective business destination for investment in Europe amid the crisis in the zone.

"Our financial capability is quite good nowadays, we believe that Indonesian companies will get profit from our cooperation," said Hovorka, here on Monday.