Volume. 12227

Tehran, Jakarta to talk preferential trade
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TEHRAN - A trade delegation from Indonesia arrived in Tehran on Sunday to talk with Iranian officials on a mechanism to reach a preferential trade agreement.
The two sides started talks for signing a preferential trade a couple of years ago, Reza Abbasqoli, an official at the Trade Promotion Organization of Iran said, IRNA reported.
Iran-Indonesia trade hit $1.132 billion in 2012. The share of Iran’s exports to Indonesia was $597 million.
Iran imported liquefied propane, urea, gas turbines, bitumen, lead, and tea to Indonesia, while imported paper, home appliance, coal, and drilling equipment.
In August, the Mehr News Agency quoted Iranian trade minister Mohammad-Reza Nematzadeh as saying that trade between Iran and Indonesia could be tripled.
In May, Iran and Indonesia signed a trade agreement in a bid to boost bilateral trade.
In February, Indonesian Ambassador to Tehran Dian Wirengjurit said Jakarta pays no attention to sanctions imposed on the Iranian oil sector, saying it will have no effect on Indonesia's oil purchase from Iran.

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