PROSPECTS OF EXPORT OF FOODGRAINS
AND SUGAR TO INDONESIA
An Indonesian delegation
headed by Dr. Rosediana Suharto, Expert Staff (Advisor) to the
Indonesian Minister for Agriculture will be visiting India next
week to explore possibilities of strengthening trade relations
between the two countries. Indonesia has been showing keen interest
in strengthening trade with India especially in rice wheat and
sugar.
An Indian delegation
had gone to Indonesia to discuss the possibilities of bilateral
trade between the two countries in August-September this year.
During the discussions, Indonesia has recognised the status of
India as the largest exporter of rice while in terms of wheat
and sugar, India ranked at fourth and twelfth positions respectively.
There was scope for quantum jump in the export of these items
particularly wheat if these were covered by a comprehensive counter
trade agreement. The Government of Indonesia suggested an increased
share in the import of palm oil by India. Regarding sugar export
from India it was suggested that some mechanism should be evolved
to ensure timely releases as well as a stable price regime for
atleast six months.
