• About
  • Advertise
  • Contact
Saturday, July 2, 2022
  • Login
WRITE FOR US
Economy.pk
  • Economy
  • Politics
  • Technology
  • Education
  • Life & Style
  • Health
  • World
No Result
View All Result
Economy.pk
  • Economy
  • Politics
  • Technology
  • Education
  • Life & Style
  • Health
  • World
Economy.pk
Home All

$50bn E-commerce trade between Indonesia and Pakistan till 2025

byNews Desk
November 22, 2021
in All
Reading Time: 2 mins read
0
Indonesia and Pakistan
0
SHARES
10k
VIEWS
Share on FacebookShare on Twitter

Indonesia and Pakistan are making plans for e-commerce trade and has set a target to achieve $50 billion trade by 2025.

Indonesia has big plans for its e-commerce ambitions and those plans involve Pakistan. According to Ambassador of Indonesia to Pakistan Adam Mulawarman Tugio, the Far East Asian country has set a target of $50 billion e-commerce trade with Pakistan by 2025.

RelatedPosts

UNDP appoints Fawad Khan as Goodwill Ambassador

Rupee gains Rs1.2 in the interbank market against US Dollar

Govt announces increase in petrol price by Rs30

As reported by Profit by Pakistan Today, the Indonesia envoy believes that there is ample opportunity for e-commerce trade to flourish between the two countries.

“There are vast opportunities in e-commerce trade between Pakistan and Indonesia, which will increase bilateral trade and investment opportunities on both sides,” Tugio said.

The ambassador pointed out the vast youthful sectors of both country’s populations and said that they can make their mark in the global e-commerce trade and create abundant employment opportunities for themselves.

Tugio highlighted the scale of e-commerce as well, stating that the global retail e-commerce sales in 2020 stood at an astronomical $4.28 trillion and is expected to go over $5 trillion by 2022.

He noted that the increased connectivity of our times whereby global brands are connected to both big and small markets represents many opportunities for e-commerce aspirants.

The Indonesian ambassador said that Pakistan and Indonesia can be linked with e-commerce trade to increase bilateral trade as well as connect both sides’ youth in connection of business and trade.

“With such connections, young people from both countries can benefit from each other’s experiences and skills to promote economic and cultural integration,” he stressed.

He also stated that successful integration of e-commerce in both countries could help in promoting tourism in both countries and strengthen ties between the people of both nations as well.

He said Indonesia had recently reduced trade tariffs for facilitating Pakistan in 20 trade items in the bilateral PTA review and added that progress was being made to enhance economic and trade integration between Pakistan and the Association of Southeast Asian Nations (ASEAN).

Tags: E-commerce tradeindonesiaPakistan
News Desk

News Desk

A source of economic, political, business, finance, health and sports updates.

Related Posts

UNDP appoints Fawad Khan as Goodwill Ambassador

UNDP appoints Fawad Khan as Goodwill Ambassador

UNDP Pakistan has appointed acclaimed actor Mr. Fawad Khan as its National Goodwill Ambassador, according to a press release. Khan...

Rupee gains another Rs1.2 in interbank as Pakistan closes in on IMF deal

Rupee gains Rs1.2 in the interbank market against US Dollar

Pakistani rupee on Monday appreciated by Rs1.2 against the US dollar in the interbank trade, a development which is largely...

Next Post
Women in DCO

Enhanced Women's role in digital economy, DCO

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Recommended

10 young Pakistani leaders win prestigious Diana Award 2022

10 young Pakistani leaders win prestigious Diana Award 2022

PM directs mechanism to reduce Metro Bus fares for public relief

PM directs mechanism to reduce Metro Bus fares for public relief

Election for CM Punjab to take place on July 22

Election for CM Punjab to take place on July 22

Sindh Revenue Board Collected Record Taxes In 2021-22

Sindh Revenue Board Collected Record Taxes In 2021-22

PM inaugurates Innovation Hub Program in Islamabad

PM inaugurates Innovation Hub Program in Islamabad

Inflation rises to 21.3pc in June, highest in over 13 years

Inflation rises to 21.3pc in June, highest in over 13 years

Connect with us

Twitter

Economy.pk

Economy.pk touches diverse topics with a lighter note and is geared toward audiences with various interests and all ages. Come and explore Economy.pk. Ample details and analysis are provided in extraordinarily readable manner making them compelling and interesting at the same time.

Category

  • World
  • Politics
  • Business
  • Technology
  • Education
  • Health
  • Life & Style
  • Opinions

Social Media

  • Facebook
  • Instagram
  • Twitter
  • Linkedin

Sitelinks

  • Sitemap

Download our APP

download on android app download on apple app
  • About
  • Advertise
  • Contact

© 2022 All Rights Reserved Economy.pk | Designed & Developed by Digital Otters

  • LATEST
  • World
    • Europe
    • Americas
    • Asia
    • Oceania
    • Africa
    • Canada
    • Middle East
  • Finance
  • Politics
  • Business
    • Economy
    • Finance
    • Entrepreneurship
    • Real Estate
  • Technology
    • Cyber Security
    • Mobiles
    • Social Media
  • Education
  • Sports
  • Life & Style
    • Personalities
    • Art
    • Culture
    • History
    • Entertainment
    • Fashion
    • Food
    • Health
      • Environment
      • Fitness
  • Sponsored

© 2022 All Rights Reserved Economy.pk | Designed & Developed by Digital Otters

No Result
View All Result

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In