Adam Mulawarman Tugio, Indonesia’s ambassador to Pakistan, on Sunday said that Indonesia has set a $50 billion e-commerce trade target by 2025 to connect with the biggest sector of global trade.
“There are vast opportunities in e-commerce trade between Pakistan and Indonesia, which will increase bilateral trade and investment opportunities on both sides,” Adam Mulawarman Tugio told APP here.
The envoy noted that both Pakistan and Indonesia have large youth populations that can make their mark in the global e-commerce trade and create vast employment opportunities in both countries.
He said that global retail e-commerce sales in 2020 stood at $4.28 trillion, which is expected to reach $5.4 trillion by 2022.
“Pakistan and Indonesia can be linked with e-commerce trade to increase bilateral trade as well as connect both sides’ youth in business and trade,” he emphasised, adding that with such connections, young people from both the countries and people can benefit from each other’s experiences and skills to promote economic and cultural integration.
He said that e-commerce integration in both countries could also help in promoting tourism in the two nations and strengthen the people-to-people ties.