Indonesian minister, businesspeople fly to US to begin trade mission amid war

Indonesian minister, businesspeople fly to US to begin trade mission amid war

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Doha — The government will begin its trade mission to the United States on Monday (23/07) to boost Indonesia’s commerce with the world’s largest economy amid the heightened global trade war. The mission, led by Trade Minister, Enggartiasto Lukita, will lobby Washington following the U.S. government’s policy to review its generalized system of preferences (GSP) for Indonesia. The U.S. government deemed that Jakarta had implemented numerous trade and investment barriers that had serious negative effects on U.S. commerce. U.S. Trade Representative (USTR) data shows that in 2016, Indonesia was the 35th largest goods export market, however the U.S. had a US$13.2 billion trade deficit. Minister Enggartiasto is scheduled to meet US Trade Representative Ambassador Robert E. Lighthizer this week to discuss the GSP review. Enggartiasto will also meet with U.S. Secretary of Commerce Wilbur Ross. Aside from discussing the GSP issue, the trade mission also aims to expand for Indonesian exporters. For this purpose, the minister brought along several Indonesian business representatives to the U.S., including the from the Indonesian Employers Association (Apindo), Indonesian Textile Association (API) and Indonesian Food and Beverages Association (Gappmi).

Source: thejakartapost.com

 

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