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[News] Indonesia And Algeria Increase Economic Cooperation
Posted at: 28 December 2018

Indonesia and Algeria have made a commitment to increase bilateral trade and investment. The two countries – Indonesia in Southeast Asia and Algeria in North Africa – have economic ties that go a long way back.

Algeria ranks sixth on the list of Indonesia’s biggest export destinations in Africa and is the fourth-biggest African exporter to Indonesia – both according to 2017 statistics. On the list of Indonesia’s trading partners at the global level, meanwhile, Algeria ranked 46th as an export destination for Indonesia and 41st as an exporter to Indonesia.

The two countries announced their renewed commitment after Indonesian Trade Minister Enggartiasto Lukita conducted a bilateral meeting with Algerian Industry and Mining Minister Youcef Yousfi in the city of Algiers on Nov. 22.

Indonesia and Algeria have made a commitment to increase bilateral trade and investment. The two countries – Indonesia in Southeast Asia and Algeria in North Africa – have economic ties that go a long way back.

Algeria ranks sixth on the list of Indonesia’s biggest export destinations in Africa and is the fourth-biggest African exporter to Indonesia – both according to 2017 statistics. On the list of Indonesia’s trading partners at the global level, meanwhile, Algeria ranked 46th as an export destination for Indonesia and 41st as an exporter to Indonesia.

The two countries announced their renewed commitment after Indonesian Trade Minister Enggartiasto Lukita conducted a bilateral meeting with Algerian Industry and Mining Minister Youcef Yousfi in the city of Algiers on Nov. 22.

(source: The Jakarta Post)