Indonesia inks trade deal with India

Indonesian Ambassador to India, Lt General Andi Ghalib said that the Prime Minister of India Manmohan Singh and the President of Indonesia, Sushilo Bam bang Yudhoyono, have signed an agreement in New Delhi which i s claimed to be worth billions of US dollars last year, during an inter-active session at the Indian Chamber of Commerce (ICC) recently. Indonesia is India's second largest market in the ASEAN (except Singapore) for iron and steel.
The ambassador said that both India and Indonesia have weathered the global financial crisis and have entered into a new era of economic relationship. Both countries are bound to emerge as major partners within the next decade in the global market. General Ghalib invited Indian investors to Indonesia and promised all assistance from his government to start business.