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Indonesia to focus on increasing textile production

The Indonesian minister of trade Enggartiasto Lukita has urged the Indonesian Textile Association (API), the textile and textile product industry (TPT) to increase production, so that they can dominate the domestic market. He hoped TPT can encourage exports to markets, such as the United States and Europe. Thus, it continues to accelerate the completion of foreign trade negotiations. He said his team had completed negotiations between the Chile, Palestine, ASEAN-Hong Kong FTA and Investment Agreement, ASEAN Comprehensive Investment Agreement (AMA), etc. While some negotiations are still in process including Indonesia-Australia CEPA, Indonesia-European CEPA, Indonesia-EFTA CEPA, Indonesia-Iran PTA among others.

In addition to completing the agreement, the ministry of trade will also bring together the API with the Indonesian Chamber of Commerce and Industry (Kadin) to work together to increase TPT.

 

 
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