Jakarta (Antara Bali) - The governments of Indonesia and Pakistan plan to follow up their Preferential Trade Agreement (PTA) by discussing the conclusion of a free trade agreement, Pakistani Ambassador to Indonesia Sanaullah said here on Friday.
Sanaullah and Indonesian Trade Minister Gita Wirjawan here on Friday signed the Preferential Trade Agreement which had been discussed since 2005.
"This agreement will give faster and greater market access not only to Pakistan's Kino Mandarin Orange but also to other commodities from Pakistan, in addition to increasing Indonesia's palm oil exports," Sanaullah said.
After signing the Preferential Trade Agreement with Gita Wirjawan, the Pakistani envoy said the plan to have a free trade agreement was expected to optimize potential trade between the two countries.
"It will open opportunities for us to do what we have previously missed," Sanaulah said.
Meanwhile, Gita Wirjawan said the two countries would discuss a mutually-beneficial free trade agreement. (LHS)
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