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Business matching in New Zealand records a potential transaction of US $ 70.03 million

16 July 2019 08:54

JAKARTA - Director General of National Export Development Arlinda said that the one-on-one business matching activity held at the 1st Pacific Exposition 2019 successfully recorded a potential transaction of USD 70.03 million. This business matching activity took place on July 12, 2019 in Auckland, New Zealand.

Transaction potential is obtained at the request of products and services, including hospitality, fresh tuna and frozen tuna, coffee, copra, cloves, nutmeg, seaweed, rattan products, handicraft products, car tires, explosives, printing equipment payment; as well as meeting, incentive, convention and exhibition (MICE) industries.

"The potential transactions recorded at this time reached USD 70.03 million. This value is sure to continue to grow considering that business people are still following up on requests from prospective partners who have been reunited in business matching," explained Arlinda.

Business matching participants consisted of 32 Indonesian companies and companies from Pacific countries who were looking for trading partners from Indonesia. The company includes coffee, fashion and textiles, skilled labor services, furniture, beauty products, food and beverages, agriculture, electronic commerce, tourism, strategic industries, coal, tourism and hospitality, car tires and automotive, energy, mining, fertilizer, and financial services.

The total trade between Indonesia and the Pacific region in 2018 was recorded at USD 10.67 billion. This value increased by 3.05 percent compared to the previous year which was recorded at USD 10.35 billion.

Whereas in the January-March 2019 period, Indonesia's total trade with the Pacific region was recorded at USD 2.04 billion. There are Indonesia's largest export destination countries to the Pacific region, namely Australia, New Zealand, East Timor, Papua New Guinea, and Fiji. (LM)

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