Indonesia’s Minister of Trade is confident that his ministry can find a way to boost exports despite weak global demand, saying it is coordinating with other state agencies to support export-oriented industries.
He said the ministry had laid out several programs to boost exports, such as by providing support for export-oriented industries through coordination with the Investment Coordinating Board (BKPM).
“We need to push for a boost in investment in the export-oriented industries and simplify procedures. So, we are carrying out intensive talks with the BKPM,” he said at a press conference on Wednesday.
According to the ministry,export-oriented industries include automotive and electronic manufacturers as well as products that are made of wood, textile, metal and chemical.
The ministry’s acting director general for foreign trade Karyanto Suprih, meanwhile, said that efforts to boost exports included organizing export forums and research for the promotion of potential commodities.
Karyanto said the ministry was also seeking new markets outside traditional export destination markets, such as South America and Africa.