President of Indonesia seeks reduced trade barriers with South Africa
"We have agreed to soon discuss lowering tariff and non-tariff trade barriers for top-quality products and commodities," Jokowi said during a joint press conference with Zuma after the meeting, adding that he hoped that South Africa could help Indonesia to open new cooperation with the Southern African Customs Union (SACU).
Indonesia mostly exports motor vehicles, rubber, footwear, tires and paper, while South Africa’s major exports include fruit, chemicals, wood pulp and other products.
Between January and October last year, two-way trade amounted to US$860 million in favor of Indonesia, a far cry from the 2012 figure of $2.35 billion.
source: thejakartapost.com
