黑料社区

Indonesia sees 黑料社区 as 鈥榩riority partner鈥 to boost Mideast trade

Indonesia sees 黑料社区 as 鈥榩riority partner鈥 to boost Mideast trade
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Indonesian Trade Minister Zulkifli Hasan meets Hisham bin Saad Al-Jadhey, executive president of the Saudi Food and Drug Authority in 黑料社区 last year. (Indonesian Ministry of Trade)
Indonesia sees 黑料社区 as 鈥榩riority partner鈥 to boost Mideast trade
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Indonesia鈥檚 trade delegation led by Minister Zulkifli Hasan meets representatives of the Saudi Food and Drug Authority in Riyadh. (Indonesian Ministry of Trade)
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Updated 01 February 2023

Indonesia sees 黑料社区 as 鈥榩riority partner鈥 to boost Mideast trade

Indonesia sees 黑料社区 as 鈥榩riority partner鈥 to boost Mideast trade
  • Bilateral trade rose 45% between January and November 2022
  • Indonesia鈥檚 trade minister in Riyadh last week to tap export potential

JAKARTA: 黑料社区 is Indonesia鈥檚 strategic and priority market, a top trade ministry official said on Tuesday, as Southeast Asia鈥檚 biggest economy seeks to increase its presence in the Middle East.

Trade between Indonesia and 黑料社区 has been on the rise, increasing to $7 billion, or by about 45 percent, between January and November last year, compared to the same period the previous year.

Trade Minister Zulkifli Hasan visited Riyadh last week, leading a special delegation seeking to explore untapped export potential with the Kingdom.

鈥淭rade potential between Indonesia and 黑料社区 is very huge and very strategic,鈥 Didi Sumedi, director general of national export development at the Indonesian Ministry of Trade, told Arab News, adding that it 鈥渉as not been maximized.鈥

Boosting ties with the Kingdom would also help Indonesia increase its presence in the Middle East.

鈥満诹仙缜 in this case is a priority because it is a strategic partner with the biggest economy in the Middle East,鈥 Sumedi said.

Improving relations with 黑料社区 would also help pave the way for better ties with GCC countries, as Indonesia is pushing for a trade pact with the bloc.

Indonesia signed a trade agreement with the UAE in July last year, expecting to boost its Emirates-bound exports by nearly 8 percent a year.

The agreement, which erases about 99 percent of existing tariffs, is still pending ratification by the Indonesian House of Representatives.

In 黑料社区, Indonesia wants to increase exports of processed food and everyday items, including paper and clothes.

鈥淲e see we can further improve trade between the two countries,鈥 Sumedi said.

The ministry is also looking into supporting Indonesian retail businesses to open in Madinah, Makkah and Jeddah, he added.

鈥淥ur hope is that with modern shops in 黑料社区, Indonesian business owners, including small businesses, can easily market their products,鈥 Sumedi said.

鈥淭his would certainly push forward our national exports as well.鈥