Turkish-Indonesian political relations, which date as far back as the 16th century, are set for new expansions. On his second day of formal visit, Turkish President Abdullah Gül met Indonesian President Susilo Bambang Yudhoyono. The two leaders also attended the Turkish- Indonesian Commerce and Investment Forum, organized by Confederation of Businessmen and Industrialists of Turkey (TUSCON), Turkish Exporters Assembly (TIM) and Independent Industrialists and Businessmen's Association (MUSIAD). The forum served as a platform for 150 Turkish businessmen accompanying Mr. Gul in Indonesia to meet 600 Indonesian counterparts. In comment to the official visit, Mr. Yudhonoyo said a new era will start in bilateral relations. “We agreed to make and extensive strategic cooperation in order to cement ties with Turkey” he said. Mr. Yudhonoyo aslo emphasized that Indonesia has begun preparation of a 15 year master plan which envisages about 300 billion dollars of investment and invited Turkish businessmen to “take their share”. President Gul, pointed out to the current modest commercial relations and called both sides to invest reciprocally. Both leaders agreed that current trade volume that stands at 1,7 billion USD should be improved to almost 5 billion USD at the first stage, later to be further developed to 10 billion USD level.
2 billion USD deal
The visit also earned Turkey an important deal in defense industries field. According to the protocol signed between two countries, Turkey is commissioned to build two naval vessels within the scope of MILGEM project. Acoording to sources, the 2 billion USD deal will also involve modernisation of Indonesian fleet. In addition to this protocol, the two countries also signed a number of other diplomatic agreements including visa exemption for special and service passports.
from: www turkishmarinepost.com/?news,940809710202238
2 billion USD deal
The visit also earned Turkey an important deal in defense industries field. According to the protocol signed between two countries, Turkey is commissioned to build two naval vessels within the scope of MILGEM project. Acoording to sources, the 2 billion USD deal will also involve modernisation of Indonesian fleet. In addition to this protocol, the two countries also signed a number of other diplomatic agreements including visa exemption for special and service passports.
from: www turkishmarinepost.com/?news,940809710202238