PT Indonesian Trading Company (Persero) and PT Perkebunan Nusantara VIII signed a memorandum of understanding on the Cooperation of Coffee, Tea,

Palm Oil and Downstream Industrial Products Commodities.

Diwaliki by Agus Andiyani as Managing Director of PT PPI and Bagya Mulyanto as Managing Director of PTPN VII, the signing took place in the Coffee Warehouse owned by PT PPI, Jakarta, Tuesday (24/7/2018). Not only that, the event was also interspersed with cupping and coffee roasting carried out by PT PPI baristas while tasting Covare, a copy of PT PPI. The impression was relaxed but serious and official was felt at the meeting yesterday.

The Memorandum of Understanding is made based on the principles of equality, good faith and mutual benefit, while still paying attention and respecting the principles of management or good corporate governance and adapted to the institutional functions of each of the two parties while observing and respect the rules and regulations that apply.

The purpose of this Memorandum of Understanding is to realize the synergy of cooperation between PT PPI and PTPN in the post-harvest management and purchase of coffee commodities and other commodity marketing activities, namely tea, palm oil and downstream industries by fulfilling its basic principles.