Pakistan, Indonesia Review Bilateral Trade

(MENAFN- Kuwait News Agency (KUNA)) ISLAMABAD, Dec 9 (KUNA) -- Pakistan and Indonesia reviewed the state of bilateral trade during a meeting between President of Pakistan, Asif Ali Zardari with his visiting Indonesian counterpart, Prabowo Subianto Djojohadikusumo at the President House here in Islamabad on Tuesday.
According to a release by President House, the meeting between the two leaders focused on historic ties between the two countries, shared values and the long-standing foundations.
They reviewed the state of bilateral trade and appreciated the steady rise in economic engagement.
Both Presidents noted the longstanding ties between Pakistan and Indonesia and agreed that their relationship continues to rest on shared values and long-standing goodwill.
They expressed their intent to work more closely for peace, stability and prosperity.
The two leaders also spoke about their commitment to promoting interfaith harmony, tolerance and inclusive development, while agreeing that these principles would guide their future cooperation.
The meeting discussed areas where economic cooperation could expand, including information technology, renewable energy, agriculture, halal products, tourism and infrastructure.
Both sides underlined the value of working together on climate resilience, disaster management and sustainable development, given the shared challenges facing the two countries.
The two leaders agreed to further strengthen their defense cooperation including through training and joint production.
They reaffirmed close coordination between both the countries at multilateral forums, including efforts to counter Islamophobia and support Muslim unity. Matters relating to the regional and international situation also came under discussion, said the release.
They highlighted the need for more balanced market access and diversification of Pakistan's exports.
Both sides welcomed the establishment of the Joint Trade Committee as a useful forum for addressing trade issues and encouraging business linkages.
While underscoring the need for peace, security and prosperity for the region, the President Zardari briefed the visiting dignitary on the situation in Jammu and Kashmir.
The two leaders also held a brief private meeting to review the bilateral relationship. The Pakistani President conferred "Nishan-e-Pakistan", the highest civil award of Pakistan, on the President of Indonesia. (end)
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