Selanjutnya

Agreement

On
The Establishment of the Joint Business Council
Between
The Indonesian Chamber of Commerce and Industry
And
The General Union of Chambers Commerce and Industry in the Great Jamahiriya

Taking into account the agreement bet'vveen the Indonesian Chamber of Commerce and Industry and The
General Union Chambers of Commerce and Industry in the Great Jamahiriya signed in 04/0412009, the
Indonesian Chamber of Commerce and Industry in Indonesia undertakes to establish Indonesia-Libya
Business Council and the General Union of Chamber Commerce and Industry in the Great Jamahiriya
undertakes to establish Libya-Indonesia Business Council, for the purpose of enhancing and developing
cordial relations between Republic of Indonesia and The Great Socialist People' s Libya Arab Jamahiriya,
Indonesia-Libya Business Council and Libya-Indonesia Business Council have agreed to establish a joint
Business Counci I.

Article (1)
Business Council definition
1. Business Council of each respect ive country is a non governmental organization with members

comprising of business cxecut!ves and representatives or trading companies. industrial enterprises
as well as other related business organizations ha\'ing business relations between Indonesin and
Libyn.
2. Each Business council shall carry out its undertaking within the rules and regulations of the related
Ch:-imbcr nnd Jurisdiction or1he Laws and Regulations if the rcspecti\'c Country.
Article I I
.loint Business Council

Joint B11'>ilh.'SS cu1111cil i s

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