Indonesia to explore new markets in upcoming ASEAN summit
Indonesian government is planning to explore new markets for its commodities from countries attending in the upcoming ASEAN summit in Bali, an Indonesian senior official said here on Monday.
"We would explore new markets other than countries that have ' traditionally' set trade ties with until now," Trade Minister Gita Wirjawan said here.
The minister said that in the upcoming summits, Indonesia would focus its efforts improving trade and investments by seeking new markets and enticing investors from other countries to invest in Indonesia.
He said countries that have been 'traditionally' became Indonesia's export destination countries were China, Japan, the United States, South Korea, Singapore and Malaysia.
Besides delegations from those countries, other delegations from India, Australia, New Zealand, US and Russia would also attend the ASEAN Summit.
"We would explore to those countries through officials attending the event,"the minister said.
He said that increasing trade to countries, particularly to those grouped in South-South pact, is possible as it tends to improve in the last 10 to 15 years.
"Trades among South-South countries have grown 7 percent during those years, up to 18 to 19 percent from global trades," the minister said.
Indonesia has initially set a target of 200 billion US dollars worth of trade this year, a record high that has never been reached before.
Editor: Yamei Wang
English.news.cn 2011-11-07 20:52:30 FeedbackPrintRSS
JAKARTA, Nov.7 (Xinhua)
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