News
05.06.2009
Indonesia, Ukraine renew economic agreement
Indonesia and Ukraine have signed a new agreement to promote bilateral cooperation in economy and technology, an official of the foreign ministry said.
The new agreement renewing one signed in 2005 is expected to boost trade between the two countries, Retno L. P Marsudi, America and Europe Director General said.
Marsudi said Ukraine has not invested in the country but trade between the two countries has expanded following the signing of the agreement in 2005.
She said Indonesia's exports to Ukraine were valued at $39US.8 million with imports from that country valued at $32US.6 million in the first quarter of this year.
Asia Pulse
