For the first time, an Israeli business
delegation recently visited Indonesia, the world's largest Muslim
country, to forge closer ties between the two countries. The mission
had representatives of eight Israeli companies and was organized by the
Israel Export and International Cooperation Institute and the Industry,
Trade and Labor Ministry's commercial attaché in Singapore. It followed
the visit by Indonesia's Chamber of Commerce (KADIN) to Israel in 2006.
Israel has no diplomatic ties with Indonesia, it took three years to
build the necessary infrastructure for the creation of direct business
relations that would be permitted by law in both countries, said Anat
Katz, 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 compared
with the same period last year. The volume of exports in the first six
months of the year totaled $5.2m., down from $7.7m. during the first
half of 2008.
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