PAKISTAN TO IMPORT LNG & POL PRODUCTS FROM INDONESIA

Founder Editor Tazeen Akhtar..
Islamabad: 27 Jan 2018 -Prime Minister Shahid Khaqan Abbasi today received President of the Republic of Indonesia, His Excellency Joko Widodo at Prime Minister's House Islamabad. Upon arrival, President Widodo was presented Guard of Honour by a smartly turned out contingent of the Armed Forces. After a tete-a-tete, Prime Minister Abbasi and President Widodo held in-depth exchange of views, at delegation level, on bilateral relations and a wide range of international and regional issues of shared interest. 
 
The two leaders reaffirmed that the people of Pakistan and Indonesia share deep political, cultural, religious ties and respect for democratic values. Being the largest countries in the Islamic world, the two stand together for their progress, prosperity, stability, security and territorial integrity. Besides agreeing to strengthen their defence and security cooperation, the two leaders also agreed to intensify Counter-Terrorism cooperation. Prime Minister Abbasi briefed President Widodo on Pakistan’s counter terrorism efforts. The two leaders agreed that there was a need to improve the trade imbalance. 
 
The two sides acknowledged that there is considerable untapped potential to expand trade taking advantage of the PTA. The two sides agreed to further increase tariff lines under the existing mechanism of Preferential Trade Agreement between the two countries. There was also unanimity of views to work together for gradually taking PTA to the level of Free Trade Agreement. The two leaders emphasized the importance of cooperation at the multilateral forums. Indonesia reiterated its support for Pakistan’s bid for Full Dialogue Partnership with ASEAN. Indonesia also assured Pakistan to support its bid for Indian-Ocean Rim Association. 
 
Prime Minister Abbasi briefed President Widodo on Pakistan’s efforts to enhance regional connectivity and development including through China-Pakistan Economic Corridor (CPEC). He underscored that Indonesian businessmen can benefit from vast investment opportunities offered by the CPEC. Discussing regional situation, Prime Minister Abbasi briefed President Widodo on Pakistan’s efforts to promote peace and reconciliation in Afghanistan. He also appreciated Indonesia’s desire to assist Afghanistan in peace and reconciliation which is vital for regional security. 
 
Prime Minister Abbasi briefed President Widodo on the steps taken by Pakistan to resolve all outstanding issues with India including the core issue of Jammu and Kashmir. He highlighted the grave human rights situation in IOK. After their talks, Prime Minister Shahid Khaqan Abbasi and President Joko Widodo attended a signing ceremony of MoUs/Agreement between the two countries. The MoUs/Agreement signed include MoU on Import of LNG and POL products from Indonesia, Additional Protocol to Preferential Trade Agreement for 20 new tariff lines, MoU on Trade facilitation and MoU between Foreign Service Academy and Centre of Training and Education Indonesia.