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ISIB’s Sectoral Trade Delegation Organization in Indonesia and Malaysia - 1

ISIB’s Sectoral Trade Delegation Organization in Indonesia and Malaysia

HVAC-R Exporters Association (ISIB) organized a Sectoral Trade Delegation organization with the participation of Turkish exporters to Indonesia and Malaysia between March 5-10.
Cem Savcı and Murat Erenoğlu, Members of the ISIB Board of Directors participated as the heads of the delegation in the Sectoral Trade Delegation organization, which was held separately to two countries and lasted 5 days in total.

On March 7, 11 companies from Turkey and 66 companies from Indonesia participated in the bilateral meetings held in Jakarta, the capital of Indonesia, and a total of 130 business meetings were held. Before the B2B meetings, Erkan Kiper and Burak Avcı, Commercial Counselors of the Republic of Turkey in Indonesia, informed the participating companies about the commercial situation and potential of the country. On March 9, bilateral business meetings were held in Kuala Lumpur, the capital of Malaysia, with the participation of companies from both countries. 11 companies from Turkey participated in the meetings and 24 companies from Malaysia attended the meetings. Before the B2B meetings, Setenay İyigün, Commercial Counselor of the Republic of Turkey in Kuala Lumpur, gave information about the country to the Turkish participating companies. In the evening of the same day, Emir Salim Yüksel, Ambassador of the Republic of Turkey to Malaysia, hosted the Turkish delegation at the Embassy residence.

Noting that the sectoral trade delegation organizations organized in Indonesia and Malaysia were very productive, Murat Erenoğlu, a Member of the ISIB Board of Directors added: “Indonesia and Malaysia are two countries that are at the forefront of the export targets of both our country and our sector. Both countries have nearly 12 billion dollars of sector imports. China has a large share in sector imports due to geographical proximity. We organized this sectoral trade delegation organization in order to shift this weight axis. We have observed that our companies participating in our organization have made many connections that will turn into exports in these meetings. However, despite the geographical distance between both countries, we see that the relatively low freight costs and the existence of a free trade agreement with Malaysia are important advantages for our exporters. We believe that with the marketing, communication, and training activities we have carried out, relations between countries and sectors will rise even higher and we will further increase our export targets. We will continue to support our companies after the meetings in order to turn the meetings into exports for our companies.”