News dalla rete ITA

21 Settembre 2020

Indonesia

AGRICULTURE EXPORTS ‘POTENTIAL WINNERS’ AMID PANDEMIC

Trade Ministry National Export Development Director General Kasan Muhri said that some agricultural products have not really dominated some regions in the context of global trade. In the January–July period, most Indonesian agricultural goods were delivered to China, which accounted for $399.6 million or 19.3 percent of the total exports. That was followed by exports to the United States and Japan, which accounted for 9.9 percent and 9 percent, respectively. Overall Indonesian exports were down 6.21 percent year-on-year at $90.12 billion in this year’s first seven months, while imports plunged 17.17 percent yoy to $81.37 billion.While global trade is projected by the World Trade Organization to decline by up to 32 percent this year, Indonesia is trying to prevent its exports from plunging further by resorting to virtual means to connect local sellers with foreign buyers. Kasan said the Trade Ministry was mobilizing 46 trade representatives in 31 countries, comprising the Indonesian Trade Promotion Centers and trade attachés, to promote the country’s exports. The Trade Ministry also provided assistance for product design, packaging, certification and intellectual property rights, among other things, and offered to help exporters meet standards demanded by buyers, including organic production methods, sustainability, traceability and transparency, Kasan added. The Agriculture Ministry was also trying to boost exports by facilitating the disbursement of Rp 33 trillion through the government’s micro-loan program, said Indah Megahwati, the director of financing at the Directorate General of Facilities and Infrastructure at the ministry. That figure accounted for around 66 percent of this year’s KUR target. Indah said the government was devising a new cluster-based scheme for the loan disbursement in the agricultural sector, which would include an offtaker to overcome a key issue blamed for the low volume of loans issued in the sector. “We want the banks to be able to disburse the KUR for agricultural tools and machines and to our food industry.” said Indah. (ICE GIACARTA)


Fonte notizia: The Jakarta Post – 18/09/2020