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Indonesian businessmen urged to expand to Iraq
Publication Date : 15-10-2013
Indonesian Ambassador to Iraq Safzen Noerdin has urged Indonesian businesspeople to expand to Iraq, citing the country‚Äôs emerging middle class that comprises potential consumers.
‚ÄúIraq has a middle-class segment that appreciates the quality of products imported from Indonesia, especially paper and textiles. Unfortunately, no Indonesian businessman has thus far expanded to Iraq due to concerns about the country‚Äôs safety,‚ÄĚ he told The Jakarta Post on the sidelines of a media briefing on Monday.
Safzen said although Baghdad City, the country‚Äôs capital, was currently unsafe, security in Iraq‚Äôs northern and southern areas were conducive for business activities.
He said 65 Iraqi businessmen from various sectors, including textile, oil, food, pharmacy and construction materials, would visit Jakarta to explore trade opportunities on Thursday.
‚ÄúI hope the meeting can pave ways for more extensive business cooperation between the two countries,‚ÄĚ said Safzen.
He said that as of 2012, the value of goods exported by Indonesia to Iraq had reached on average US$200 million annually.