Brazil's agriculture minister Luis Carlos Guedes Pinto will arrive in Jakarta on Thursday on a two-day visit to explore cooperation in the ethanol field AND opportunities in agribusiness, the Brazilian Embassy said. Like Indonesia, Brazil is rich in natural resources. Brazil currently produces the most ethanol in the world, a flammable, colorless and slightly toxic chemical compound which can be used as a fuel in cars.
During his two-day stay, Pinto will meet his Indonesian counterpart Anton Apriyantono and sign a Memorandum of Understanding (MoU) on the establishment of a Consultative Committee on Agriculture," the embassy said in a press release sent to The Jakarta Post.
Guedes Pinto will address a seminar on Friday on agribusiness in Brazil, the release said.
Indonesia, a major oil and gas producer, has been facing problems in the energy sector due to a decline in production and a growing demand. The country is currently seeking alternative sources of energy.
"I have received so many requests, including from ministers and businesses, for information on the ethanol industry in Brazil. We are ready to cooperate with Indonesia in this field," Brazilian Ambassador to Indonesia Edmundo Sussumo Fujita told the Jakarta Post recently.
The visit of Guedes Pinto will enable local companies to learn more about how to produce ethanol in Indonesia.
In recent years, relations between Indonesia and Brazil have strengthened, especially in the economic field.
Their total bilateral trade surged to 1.02 billion dollars in the first eleven months of 2006, a 31.73 percent increase from 777.26 million dollars during the same period in 2005.
Brazilian mining giant CVRD, through its subsidiary PT International Nickel Indonesia (PT Inco), said it is planning to build a 500 million nickel processing plant in Central Sulawesi.
CVRD bought Inco, the parent company of PT Inco, for a record 17 billion dollars from Canadian owners.
source news : adnki.com
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