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Monday, 04 June 2018 12:49

Diplomatic Corner

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Organic agricultural product from Indonesia succeeded to record transaction worth more than $3.3 million dollars in an exhibition of National Restaurant Association (NRA) in Chicago, the United States of America May 19–22, 2018. During the 4-day exhibition at McCormick Place, Chicago, Indonesian Pavilion was responded positively. Even, the products attracted and became one of main exhibitions. Head of Indonesian Trade Promotion Center (ITPC) Chicago, Billy Anugrah said that total of transaction obtained during the exhibition reached more than $3.3 million dollars from over 30 transactions. Indonesian pavilion was visited by more than 100 buyers. Billy further said that the Indonesian products which were the most attracted by US buyers, were coconut sugar and cream.

Ministry of Trade provides consultant/expert to run information for Head Office of Free Trade Agreement -FTA Center in 5 cities across Indonesia. The FTA Center is information center for people to be able to optimally use the FTA. Director General of International Trade Negotiation at the Trade of Ministry, Iman Pambagyo explained that the FTA Center is needed so that all parties are be able to follow the latest information and  development on free trade agreements which involve Indonesia. The establishment of the FTA Center is an effort to reach and to maximize the advantage of free trade agreement for Indonesian economy. Iman also said that one of the keys to the successful implementation of free trade agreement is that all communities are expected to know correctly the FTA,  the benefits and how to utilize it.

Ministry of Industry encouraged acceleration of the settlement negotiations in cooperation of Indonesia-Australia Comprehensive Economic Partnership Agreement (IA-CEPA). As many as 11 rounds of negotiation have been conducted since March 2016. Hopefully, this year, IA-CEPA can be finalized. After meeting with Australian Ambassador to Indonesia Gary Quinlan AO, Minister of Industry, Airlangga Hartarto hoped that IA-CEPA can be signed when Prime Minister of Australia,  Malcom Turnbull will make a visit to Indonesia in July. The reason is that most of the issues related to industrial sector which was discussed, have finished and both sides have agreed. This was stated by Minister Airlangga in a press statement on Sunday (3/6). Minister Airlangga ensured that the existence of comprehensive bilateral cooperation will increase export value of Indonesian products to Australia.

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