For the first time, an Israeli businessdelegation recently visited Indonesia, the world's largest Muslimcountry, to forge closer ties between the two countries. The missionhad representatives of eight Israeli companies and was organized by theIsrael Export and International Cooperation Institute and the Industry,Trade and Labor Ministry's commercial attaché in Singapore. It followedthe visit by Indonesia's Chamber of Commerce (KADIN) to Israel in 2006.
SinceIsrael has no diplomatic ties with Indonesia, it took three years tobuild the necessary infrastructure for the creation of direct businessrelations that would be permitted by law in both countries, said AnatKatz, commercial attaché in Singapore.
Bilateral trade volume between Israel and Indonesia stood at$47.8 million in the first half of 2009, a 60 percent decline comparedwith the same period last year. The volume of exports in the first sixmonths of the year totaled $5.2m., down from $7.7m. during the firsthalf of 2008.