VOI - Voice of Indonesia | RRI - Radio Republik Indonesia

Minister of Trade Enggartiasto Lukita said that textile is the 3^rd biggest mainstay foreign exchange after tourism and palm oil.  At the discussion of Indonesian Textile Association-API with the theme “Enhancement of Indonesian foreign exchange” through national product of textile and textile product that took place in Bandung, West Java, on Friday, he said that textile and textile product keep growing and developing coinciding with fashion growth and digital era. He also said the product is Indonesian mainstay export product which grows continuously without relying on material and import product, and it has the biggest market in Indonesia.

“One of the most effective ways is by enlivening national market. On one side, export has big opportunity. So, we see that they have a huge opportunity. Therefore, they are setting road map, including investment. Then, they will explain what is requested from the government of Indonesia. What facility, regulation and business situation are needed to attain our export target  to be US $30 billion dollars and domestic need,” said Minister of Trade Enggartiasto Lukita

To support  textile export and product, the government  has opened many market access and investment for African countries. Minister Enggartiasto said that his Ministry has CEPA (comprehensive economic partnership agreement),   Indonesia-Palestine, ASEAN-Hong Kong FTA (free trade agreement) and Investment Agreement, Protocol to amend ASEAN Comprehensive Investment Agreement (ACIA), ASEAN-Japan Investment, Service, and MTA Agreements, and Protocol to Amend Indonesia-Palestine (PTA). (Skr-Trans by AF/AHM)