[Sai-London] Indonesian Trade Ministers on 14 may, the Indonesian Government program 3 to 5 years of Indonesian and Chinese trade volume growth of 66%, to $ 50 billion; it is expected that Indonesia's exports to China will be in three to five years to at least $ 20 billion.
The integrated media report 14 September, the Indonesian Minister of trade Huilan FUNG (MariPangestu) 14, indicated that the Indonesian Government plans and China signed a free trade agreement came into full effect by 2010, three to five years in trade between the two countries should be extended to 500 billion, representing approximately 300 billion dollars at present over 66%.
Feng Huilan said she expects to Indonesia's exports to China will be in three to five years from now the 120 billion-$ 13 billion raised to at least $ 20 billion.
Feng Huilan, Indonesia on China trade deficit, but since 2008 to deficit narrowed in scope.
She said the two countries are to achieve a more balanced trade efforts.
Feng Hui-LAN does not provide specific trade data, but according to data released by the Chinese customs, 2009 China on Indonesian trade surplus of $ 10.6, below the 2008 28.6 million surplus.
China published data show, 2010-1-8 month China on Indonesia's total exports, while imports 138.4 million total 128.9 billion trade surplus of $ 9.48.
Feng Hui-LAN, India and is working to promote more balanced development of trade, Indonesian plan to the Chinese export commodity diversification.
She said that Indonesia would also like to encourage China to expand the scope of the investment in Indonesia.
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