Indonesia seeks more economic relations with Nigeria

The visiting Minister for Foreign Affairs of
the Republic of Indonesia, Mrs Retno Marsudi, has announced her
government’s growing interest in promoting mutually beneficial
economic relations with Nigeria.

Marsudi, who led a Delegation to an Indonesia-Nigeria Business Forum
in Lagos, said that there had been a decline in bilateral trade
between both countries in the last five years.

Nigeria and Indonesia are currently among the four countries that
have the quality for strong growth and provide high returns for

“But, the value of our bilateral trade between 2012 and 2016 is on the decline”.

“This decline is taking place, despite the fact that our two countries
are the largest and most growing economies in our continents.”

I came to Nigeria with one intention, and that is how best Nigeria
and Indonesia should strengthen their economic cooperation. We want
closer economic ties with Nigeria,’’ she said.

Marsudi said that her government was prepared to enhance its economic
relations with African countries, especially with Nigeria, in the years ahead.

According to her, Nigeria and Indonesia currently have the resources
and energies to enhance their areas of cooperation.

She also said that it was imperative for both countries to transform
their political and economic relations to one that was mutually

The minister also disclosed her government’s plan to create the
enabling environment for smooth business and Investments between
Nigerians and Indonesians.

The Indonesian Ambassador to Nigeria, Mr Harry Purwanto, said that the
time had come for both countries to work together in promoting
initiatives that would bring prosperity to their people.

Purwanto said that what Nigeria and Indonesia urgently needed, was
enhanced and balanced economic relations.

As the Indonesian Ambassador to Nigeria, i attach great importance to
people-to-people interactions to make our relations mutually

“We need to have more enhanced and balanced economic relations,’’ he said.

The Ambassador, who said that Nigeria was a good place for business
and Investment, added that the minister and her delegation were in
Lagos, to deepen trade between both countries.

The Acting Director General of NAFDAC, Mrs Yetunde Oni, who described
Nigeria as a “valuable partner’’ to Indonesia, said that Nigeria
looked forward to more Indonesian companies in Nigeria.

Oni, however, said that it was imperative for Indonesian companies to
be conscious of NAFDAC’s regulations and control laws.

She added that her agency was involved in promoting the Federal
Government of Nigeria’s Ease of Doing Business in Nigeria.