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Indonesia Is Going After The USD 192.5 Billion Non-Oil And Gas Export Target

World Trade

Open Eyes Opinion {source: IDgov}

Indonesia

A view of Merdeka Square from Gambir Station. with National Monument standing in the middle of the Square.

 Indonesia is going After the USD 192.5 Billion Non-Oil and Gas Export Target

Rachmat Gobel Cooperates with Apindo Jakarta  – The Indonesian Minister of Trade, Rachmat Gobel, is aggressively preparing strategies to increase exports by threefold.

This year, the non-oil and gas export target has been set at USD 192.5 billion.

To accelerate the realization of that target, Trade Minister Rahmat is cooperating with the Indonesian Employers Association (Asosiasi Pengusaha Indonesia/Apindo). Trade Minister Rachmat and Chairman of Apindo, Hariyadi B. Sukamdani, signed a Memorandum of Understanding (MoU) at the Ministry of Trade Office, Jakarta,.

“This MoU was done to foster the active role of stakeholders, particularly exporters in facing the global economic growth that is projected to improve and also to implement the 2015 non-oil and gas export target, which has been set at USD 192.5 billion,” asserted Rachmat Gobel after the signing of the MoU.

In 2015, the Ministry of Trade is optimistic about Indonesia’s export performance, which is improving along with the recovery of the world economy.

The economies of developed nations in 2015 are predicted to experience a relatively high growth compared to previous years, particularly the United States (US). The growth of the US economy in 2015 is projected to reach 3.1%, while US imports alone is projected to grow by 5.4%. Of course this projection is expected to be one of the positive indicators that can illustrate the market condition of other export destinations.

The cooperation between the Ministry of Trade and Apindo is entitled “Mentoring and Development of National Entrepreneurs in an Effort to Increase Exports and Strengthen the Domestic Market.”

The Ministry of Trade would like to synergize, synchronize, and coordinate in facing the acceleration of world trade that is becoming increasingly tight and dynamic. According to Rachmat Gobel, this cooperation will be a pattern for strategic partnerships through two ways, namely the strengthening of product competitiveness along with the increase of human resource competence in exports and the strengthening of the domestic market.

The scope of the cooperation encompasses the dissemination of information, identification of national and international problems that can result in the increase of exports and strengthening of the domestic market, organizing education and trainings, and also other activities.

“Basically, these activities are aimed at increasing exports and strengthening the domestic market,” Rachmat added. Besides that, the Trade Minister hopes that the scope of this cooperation could also include the use of trade preferential facilities, increase of trade relations and cooperation among Indonesian entrepreneurs and between Indonesian and foreign entrepreneurs to support the increase of exports and strengthening of the domestic market.

What’s also important is to hope for coordination and organization of trade promotions domestically and overseas by empowering and maximizing the role of trade representatives overseas. Consolidating the AEC Meanwhile, the Director General of National Export Development, Nus Nuzulia Ishak, emphasized that the cooperation between the Ministry of Trade and Apindo will promote the establishment of export competitiveness in the international market.

Apindo is also expected to be able to strengthen the domestic market. “Besides that, the active role of Apindo is also expected in facing the ASEAN Economic Community (AEC) 2015,” said Nus, who was also present at the MoU signing. In facing the AEC 2015, Indonesia is required to be able to create new entrepreneurs. Currently, the number of Indonesian entrepreneurs in 2014 has only reached 1.6% of the total population of Indonesia.

This number is still low compared to other countries such as Singapore with 7% of its total population, or the US with 12%. China and Japan have 10% of their population as entrepreneurs. Through this cooperation, it is hoped that APINDO can play a role in driving its members to create new entrepreneurs.

 

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