InfoSAWIT, JAKARTA –In his work visit to South Africa on 21 – 23 July 2017, Secretary of Trade, Enggartiasto Lukita attended the thirdJoint Trade Comittee(JTC) which discussed about increasing the billateral cooperation in economy and trade.
“In the third JTC, both countries agreed to sign the Joint Working Report to solve the trade barrier, discuss the Preferential Trade Agreement (PTA) between Indonesia and SACU, and make trade promotion and investment intencively,” he said.
Days before, in South Africa, there was a business forum in Sandtown Convention Center, Johannesburg. It was attended by 120 businessmen of South Africa and 30 businessmen of Indonesia from 30 companies. Besides the business forum in the hall of Development Bank of South Africa (DBSA) was attended by 50 South African businessmena and 30 Indonesian businessmen.
Meanwhile from the one – on – one meeting result, there were some cooperations among the Indonesian and African companies, such as, PT Wijaya Karya would cooperate with 5 potential partners (Glowax, Maubane Fapital (Pty) Ltd, Shirdo Trading, Bols /NAFCOC) which would be interest in construction, warehouse, property, waste management, and mining.
The next, PT. Charoen Pokphand would cooperate with three potential partners (Afrigrow, Afriholding (Pty) Ltd and International Trade and Commodities, Otto Mbanglala) to do meat exports from South Africa to Indonesia.
Not only that, Rainbow Roof would cooperate with the distributor, Richard Zulu and in August would directly see the factory in Indonesia; PT Sungai Budi and PT Musim Mas would cooperate in soap noodle from Advance Cash and Carry; and PT Gajah Tunggal would cooperate in distributing tyre in South Africa.
The non oil and gas trade between Indonesia and South Africa in 2016 reached US$ 1,02 billion within the non oil and gas exports of Indoensia reaching US$ 727,63 million. The trade balance of non oil and gas between Indonesia and South Africa in 2016 was surplus, reaching US$ 437,92 million. The non oil and gas exports from Indonesia to South Africa in January to May 2017 reached US$ 297,88 million.
Five main products from Indonesia to South Africa based on the group of main and prospective products in 2016 are crude palm oil and the derivative, jewelry, automotive, chemical products, and footware. (T2)
