Archive for the ‘Indonesia’ Category

In a significant step towards enhancing bilateral ties, Chinese President Xi Jinping and Indonesian President Prabowo Subianto have signed multiple cooperation agreements aimed at deepening collaboration in key sectors. These agreements, which include areas such as water conservation, maritime resources, and mining, signal a strengthened partnership between the two nations, with long-term trade and economic […]

Automotive Industry, Indonesia, News

November 4, 2024

Indonesia is on the verge of making significant strides in the global electric vehicle (EV) supply chain, as it prepares to export battery precursor materials to major manufacturers, including Tesla Inc. Minister of Energy and Mineral Resources, Bahlil Lahadalia, announced that exports are expected to begin by January 1, 2025, marking a promising development for […]

Agricultural Exports, Indonesia, News

October 14, 2024

Indonesia’s National Food Agency (Bapanas), under the leadership of Arief Prasetyo Adi, is making remarkable progress in positioning the country as a vital player in the global food market, particularly through its shallot exports. The successful export of shallots to Malaysia and other nations highlights Indonesia’s ability to meet international food demands while reinforcing its […]

Indonesia continued its streak of trade surpluses last month, showcasing resilience even as oil imports saw an increase, affecting the surplus marginally. Amalia Adininggar Widyasanti, interim head of Statistics Indonesia (BPS), reported on Monday that June marked the 50th consecutive month of trade surplus. Exports totaled US$20.84 billion, surpassing imports at US$18.45 billion, resulting in […]

Indonesia, News

July 10, 2024

Indonesia’s Trade Ministry, under the leadership of Minister Zulkifli Hasan, has teamed up with the Indonesian Chamber of Commerce and Industry (Kadin) to launch a collaborative task force aimed at resolving discrepancies in import data. This joint effort comes in response to concerns over discrepancies between data reported by Statistics Indonesia (BPS) and exporting countries. […]

Indonesia’s Minister of Trade, Zulkifli Hasan (Zulhas), has clarified that the upcoming increase in anti-dumping import duties will not solely target products from China but will extend to imports from all countries.   Addressing the press during his visit to the Rendang Asese Center in Padang, West Sumatra, on Sunday, July 7, 2024, Zulhas emphasized […]

Agricultural Trade, Australia, Indonesia, News

September 11, 2023

The Department of Agriculture, Fisheries and Forestry (DAFF) has announced a successful agreement with the Indonesian Agriculture and Quarantine Agency (IAQA). Effective immediately, the suspensions and restrictions on live cattle and buffalo exports from seven registered establishments across northern Australia have been lifted.   This decision follows a week of technical discussions with Indonesian authorities, […]

Indonesia, News, United States

September 7, 2023

The International Trade Council takes note of Indonesia’s recent proposal to initiate discussions on a potential trade agreement for critical minerals with the United States. This significant development emerged during a meeting between Indonesian President Joko Widodo and U.S. Vice President Kamala Harris on the sidelines of the Association of Southeast Asian Nations (ASEAN) meetings […]