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Indonesia can sell planes, trains and tankers to Azerbaijan – ambassador (exclusive)

Business Materials 30 June 2016 18:49 (UTC +04:00)
Indonesia wants to expand political and economic relations with Azerbaijan.
Indonesia can sell planes, trains and tankers to Azerbaijan – ambassador (exclusive)

Baku, Azerbaijan, June 30

By Anakhanum Idayatova – Trend:

Indonesia wants to expand political and economic relations with Azerbaijan, says Husnan Bey Fananie, Indonesia’s newly-appointed ambassador to Baku.

“We would like to expand cooperation with Azerbaijan,” he said in an exclusive interview with Trend June 30. “We will be able to provide the [Azerbaijani] market with any kind of goods and services, including halal products.”

The Azerbaijan-Indonesia trade turnover stood at almost $500 million in 2015.

Ambassador Fananie says Indonesia, which ranks 13th in the aggregate trade turnover of Azerbaijan, could be engaged in construction works in the country and could provide the market with qualified specialists.

“Our countries have a huge potential for development,” said the ambassador of Indonesia, the economy of which was assessed by the World Bank (WB) as the largest one in South-East Asia.

“It will take little time to realize all the possibilities. We could sell our cargo and passenger planes, trains and tankers to Azerbaijan,” he added.

The gross national income per capita in Indonesia increased from $560 in 2000 to $3,630 in 2014, according to the WB.

“We would like Azerbaijan to invest in Indonesia in refinery building,” said the ambassador. “We produce oil, but not enough because of the high demand. We buy oil from many countries, but Azerbaijani oil is the best. Maybe, we will increase the oil purchase volume from Azerbaijan in 2016.”

According to BP, the proven oil reserves in Indonesia stand at 3.6 billion barrels. On average, Indonesia produced 825,000 barrels of oil per day in 2015.

Oil production has been annually decreasing in Indonesia from 2010, when the country was producing one million barrels of oil per day.

Fananie also said Indonesian President Joko Widodo is expected to visit Azerbaijan in 2017.

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