Indonesia is seeking to sign trade pact with Sri Lanka by next March while hoping that one year of negotiations is enough to close the deal.
Both the countries have agreed.
With edible oil consumption of 23.87 million tons per year, India is an important palm oil market. Indonesia and Malaysia are aiming to increase consumption by the middle class who have had a negative perception of palm oil.
Hong Kong delegation strengthens business ties with Indonesia jcnnewswire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from jcnnewswire.com Daily Mail and Mail on Sunday newspapers.