Trade Minister: Middle East Accounts for 3.49% of Indonesia’s Total Exports

TEMPO.CO, Jakarta – Minister of Trade Budi Santoso stated that Indonesia’s export performance continues to show a positive trend despite ongoing global geopolitical tensions, particularly conflicts in the Middle East. According to Budi, the recent escalation triggered by Israel and its ally, the United States, in their attacks on Iran puts pressure on global trade, … Read more

Strategic partnerships, such as with Indonesia, important in context of US, EU trade tensions, France says

JAKARTA (Reuters) – French trade minister Laurent Saint-Martin said on Wednesday that the current context of trade tariffs between the European Union and the United States makes strategic partnerships such as the one France has with Indonesia important. Speaking to reporters in Jakarta, Saint-Martin reaffirmed that Europe and France both wished to avoid escalation in … Read more

Indonesia Seeks New Deals as ‘Shocking’ Trump Tariffs Roil Trade

(Bloomberg) — Indonesia is seeking to diversify its markets as global protectionism intensifies, while also taking steps to defend its local manufacturers, Deputy Trade Minister Dyah Roro Esti Widya Putri said. Most Read from Bloomberg “Trump’s statements on tariffs are quite shocking in a lot of ways, but we think Indonesia could maximize its market … Read more

Investigation into ex-minister Thomas Lembong almost complete, AGO says – Politics

he Attorney General’s Office (AGO) has said investigators are wrapping up the investigation into former trade minister Thomas Lembong in regard to sugar imports he authorized nearly a decade ago. On Tuesday, three months after he was named a suspect, Thomas was interrogated as a witness in the… Source link