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Gabrielle Easter



Indonesia targets US$4bn in trade with NZ

Indonesia is eyeing increased exports of snake fruit and mangoes to New Zealand as part of its goal to quadruple trade with the country

Indonesia targets US$4bn in trade with NZ

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Indonesia is eyeing a four-fold increase in trade with New Zealand, looking to boost exports of agricultural products such as snake fruit and mangoes the Pacific nation, reports the Jakarta Post.

"The bilateral visit will focus on intensifying economic cooperation, especially in trade, because trade value with New Zealand is still relatively small at US$1bn. We want to reach US$4bn," Indonesian Foreign Ministry East Asia and Pacific director Edi Yusup said ahead of a visit by New Zealand prime minster John Key.

Key is visiting Indonesia from 17-20 July to discuss economic cooperation; from tourism and edition to cattle breeding and fresh produce trade.

The memorandums of understanding are expected to be signed by Key and Indonesia’s president Joko Widodo during the visit.

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