Indonesia Trade and Investment News 01/12

BSD Bulletin, 10 January 2012

Czech Machinery Delegation explores potentials - Led by a high-ranking official from the Czech Ministry of Industry and Trade, a delegation of machinery entre-preneurs met potential Indonesian partners at KADIN premises. According to Vlastimil Lorenz, Director General in the Czech’s Ministry of Industry and Trade, the ‘tiny coun-try’ in the centre of Europe is depending on anything but trade. With some 84 percent of its exports going into the European Union, the country depends pretty much on its Western neighbors, but statistics do not reveal that two thirds of these goods are re-exported from there across the world, Lorenz responded to a question of KADIN Vice Chairman of Industry, Bambang Sujagad.

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