<p>The statement came on the sidelines of a meeting between Commerce and Industry Minister Anand Sharma and Indonesian Minister of Trade Mari Elka Pangestu here. <br /><br />"We attach high importance to our 'Look East Policy’ and our economic integration with the region. We are happy that India-ASEAN FTA (free trade agreement) has come into force between India and Indonesia from Oct 1, 2010,” Sharma said.<br /><br />The meeting was also attended by Commerce Secretary Rahul Khullar along with senior officials from both the countries. <br /><br />Sharma said he hoped to get support from Indonesia for concluding services and investment negotiations.<br /><br />“We seek your support in concluding the services and investment negotiations by the agreed deadline of March 2011,” Sharma said. <br /><br />India’s major exports to Indonesia include petroleum products, organic chemicals, electronic goods, iron and steel and machinery. India imports edible oils, petroleum products, ores, chemicals and rubber products. <br /><br />According to the ministry, total foreign direct investment (FDI) inflows from Indonesia stood at $0.60 billion in sectors such as non-conventional energy, construction activities, trading, electrical equipment and information and broadcasting.</p>
<p>The statement came on the sidelines of a meeting between Commerce and Industry Minister Anand Sharma and Indonesian Minister of Trade Mari Elka Pangestu here. <br /><br />"We attach high importance to our 'Look East Policy’ and our economic integration with the region. We are happy that India-ASEAN FTA (free trade agreement) has come into force between India and Indonesia from Oct 1, 2010,” Sharma said.<br /><br />The meeting was also attended by Commerce Secretary Rahul Khullar along with senior officials from both the countries. <br /><br />Sharma said he hoped to get support from Indonesia for concluding services and investment negotiations.<br /><br />“We seek your support in concluding the services and investment negotiations by the agreed deadline of March 2011,” Sharma said. <br /><br />India’s major exports to Indonesia include petroleum products, organic chemicals, electronic goods, iron and steel and machinery. India imports edible oils, petroleum products, ores, chemicals and rubber products. <br /><br />According to the ministry, total foreign direct investment (FDI) inflows from Indonesia stood at $0.60 billion in sectors such as non-conventional energy, construction activities, trading, electrical equipment and information and broadcasting.</p>