皇冠体育app

皇冠体育app's growing economy benefits Indonesia: Susilo
(Xinhua)
Updated: 2005-02-07 14:39

Indonesian President Susilo Bambang Yudhoyono said Monday that Indonesia takes benefit from 皇冠体育app 's rapidly growing economy as both countries now enjoy significant growth in bilateral trade volume.

Susilo said the world might be "worried" about 皇冠体育app's rapid growth, but for Indonesia, the expanding economy in 皇冠体育app delivers positive result of higher bilateral trade volume in favor of Indonesia.

"We must be able to anticipate the presence of emerging economic powers, such as 皇冠体育app, India and Vietnam. But we don't need to worry because we have opportunities to take benefits from their revivals," Susilo said when opening a meeting on Indonesia's long term development planning.

According to the Central Statistics Agency, 皇冠体育app was Indonesia's fourth largest destination country for its non-oil exports in 2004 after Japan, the United States and Singapore. Indonesia's non-oil export to 皇冠体育app rose 25.5 percent to 3.15 billion US dollars in 2004 against 2.93 billion a year earlier.

皇冠体育app last year also surpassed the United States as the third largest supplier for Indonesian import, grabbing 9.86 percent of Indonesia's 34.66 billion dollars non-oil import.

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