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Indonesia and Lithuania Seek Ways to Bolster Bilateral Trade

Economics editor Wahyu Dwi Anggoro
30/10/2023 19:28 WIB
The bilateral trade between Indonesia and Lithuania rose almost 43% year-on-year in the first half of 2023.
Indonesia and Lithuania Seek Ways to Bolster Bilateral Trade. (Foto: Kemlu)
Indonesia and Lithuania Seek Ways to Bolster Bilateral Trade. (Foto: Kemlu)

IDXChannel - The bilateral trade between Indonesia and Lithuania rose almost 43% year-on-year in the first half of 2023.

"However, our bilateral trade volume has not reflected its true potential," Indonesian Foreign Minister Retno Marsudi during a meeting with her Lithuanian counterpart, Gabrielius Landsbergis, in Jakarta on Monday (30/10/2023).

"To bolster our two-way trade and ensure a more balanced trade, I sought Minister Landsbergis’ support in facilitating more Indonesian products to enter Lithuanian market, including for rubber, paper and wood-based furniture," she continued.

During the meeting, Retno welcomed Indonesian palm oil becoming one of the top export commodities to Lithuania. 

"With nearly 800 plantations in Indonesia already receiving ISPO Certification," she explained. 

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