Friday, October 11, 2013 11:09 am
Indonesia, India ink deals, want to cooperate more
The Associated Press
Indonesian President Susilo Bambang Yudhoyono and Indian Prime Minister Manmohan Singh also witnessed the signing of memorandums of understanding on health, disaster mitigation, and combatting corruption, narcotics and illicit drugs. They agreed to increase their cooperation in other areas.
Singh arrived Thursday on a three-day visit after attending summits in Brunei.
An 18-member business delegation arrived earlier to attend a two-day India-Indonesia CEO forum which ended Friday.
Trade between the two countries has grown almost fivefold since 2005 to $20 billion in 2012-13. It is expected to reach $25 billion by 2015.
Indonesia and Indonesia established a strategic partnership agreement during a visit by Yudhoyono to India in 2005.