FINANCIAL ASIA NEWS DESK
By BEHNAZ HAKIMANE
TEHRAN – Indonesian Minister of Marine Affairs Coordinator Pandjaitan attended the Investiture Ceremony of Iranian President Hassan Rouhani at Parliament in Tehran on Saturday.
He was accompanied by H.E. Arcandra Tahar Vice Minister of Energy and Mining, H.E. Alwi Shihab Special Envoy of Indonesian President Joko Widodo and directors of government agencies.
Iran, Indonesia have close ties. The current delegation is exploring ways and means of expanding existing economic, cultural and political ties. The energy sector also features highly on the agenda of the current delegation, according to Indonesia’s emissary to Iran, the Honourable Ocatvino Alimudin.
Indonesia is the largest Muslim majority Muslim nation in the world. The community of some 261 million, including ethnic Indians, Chinese, Malay and Indonesians. It is a closely-knit population, regardless of denomination, cultural background or ethnicity. om m nor d ofg is closely integrated and dynamic.
Indonesian natural resources include petroleum, tin, natural gas, nickel, timber, bauxite, copper, fertile soils, coal, gold and silver, said the Minister.
Indonesia is a member of G20 and a powerful Asian economic power. Jakarta is one of the foremost economic powers within Asia. “We estimate highly our close ties,” noted the Minister and added: “The Iran oil and gas sector where Iran excels in technology and know-how is also our focus.” Pertamina is Indonesia’s major oil and gas conglomerate. Indonesia is keen to expand cooperation between National Iranian Oil Company.
Bilateral Tehran, Jakarta economic exchanges will expand in the future. The Minister referred to refined Indonesian Palm Oil which is of the highest quality and in demand across the world. “It has a far higher yield than soyabean. It is a well-balanced healthy edible oil and an important energy source. The Minister promoted the commodity as a versatile and nutritious vegetable oil, trans fat free with a rich content of vitamins and antioxidants.
Indonesia is a world renowned tourist hub. Iran is a comparative newcomer to the industry. Tehran, Jakarta will upgrade and develop this sector for the benefit of both sides. Indonesian tourism improved 12 percent over last year, said the Minister. “We are ready to bolster joint investment with Iran,” he concluded.