Indonesian president to pay state visit to Myanmar

2013-04-20 05:48:37 GMT2013-04-20 13:48:37(Beijing Time)  Xinhua English

YANGON, April 20 (Xinhua) --Indonesian President Susilo Bambang Yudhoyono, accompanied by his wife Hajjah Ani Bambang Yudhoyono, will pay a state visit to Myanmar in the near future to boost bilateral ties, said an official announcement Saturday.

At the invitation of Myanmar President U Thein Sein and his wife Daw Khin Khin Win, Susilo's visit to Myanmar comes two years after U Thein Sein's first trip to Indonesia on state visit at the sideline of the 18th Summit of the Association of Southeast Asian Nations (ASEAN) in Jakarta in May 2011.

In October 2011, Indonesian Foreign Minister Marty Natalegawa visited Myanmar and held discussion with Myanmar Foreign Minister U Wunna Maung Lwin on bilateral cooperation.

Myanmar and Indonesia are making efforts to promote trade between the two countries, which is targeted to reach up to 1 billion U.S. dollars worth in 2016.

In 2012, bilateral trade between Myanmar and Indonesia reached 391.08 million U.S. dollars worth, of which Myanmar's export to Indonesia accounted for 40.37 million dollars while its import from Indonesia, 350.71 million dollars.

According to official statistics, Indonesia's investment in Myanmar amounted to 241.497 million U.S. dollars in 12 projects, accounting for 0.57 percent of the total as of February 2013 since Myanmar opened to such investment in late 1988.

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