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Indonesia, Singapore to boost agricultural trade

Indonesia, Singapore to boost agricultural trade

JAKARTA: Indonesian Foreign Minister Retno Marsudi and Singaporean Foreign Minister Vivian Balakrishnan held a bilateral meeting to discuss efforts to boost agricultural trade.
Moreover, Indonesia has also encouraged increasing cooperation to provide jobs to Indonesian skilled migrant workers who could be employed as caregivers and therapists in Singapore.
The Singaporean foreign minister lauded the improvement in economic cooperation between the two nations, especially referring to the proposed visit of Singaporean Prime Minister Lee Hsien Long to Indonesia this year.
“We can see that the relationship between the two nations has grown over the years. There are several areas of potential to be developed in future,” he stated.
Singapore is Indonesias second-largest economic partner after China, with trade reaching nearly US$42 billion in 2014.
Singapore became the largest investor in Indonesia in 2014, with total investment reaching US$5.8 billion.
In the field of tourism, nearly 1.5 million Singaporean tourists visited Indonesia.