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Indonesia sets $50 billion e-commerce trade target by 2025: envoy

ISLAMABAD: Indonesia has set a $50 billion e-commerce trade target by 2025 to connect with the biggest sector of global trade, a diplomat said.

There are vast opportunities in e-commerce trade between Pakistan and Indonesia, which will increase bilateral trade and investment opportunities on both sides, Ambassador of Indonesia to Pakistan, Adam Mulawarman Tugio told APP.

The ambassador said Pakistan and Indonesia are countries with large youth populations that can make their mark in the global e-commerce trade and create vast employment opportunities in both countries.

The global retail e-commerce sales in 2020 stood at $4.28 trillion, which is expected to reach $5.4 trillion by 2022.

There is an era of information technology (IT) and online connectivity in the world and now the big global brands are connected to small and big markets and are continuing their business activities, he said.

The ambassador said Pakistan and Indonesia can be linked…

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