InfoSAWIT, NUSA DUA– Ministry of Trade is committed to increase the trade cooperation with African countries. This is done by the billateral meeting done by Minister of Trade, Enggartiasto Lukita with Marocco, Somalia, and Nigeria in the Indonesia-Africa Forum 2018. The billateral meeting was held on Tuesday (10/4) in Bali Nusa Dua Convention Centre (BNDCC), Nusa Dua, Bali.
“The billateral meeting is one effort to increase the trade from Indonesia to the countries in Africa which the target is to increase 11% from the previous year,” he recently said in the official statement to InfoSAWIT.
The trade between Africa-Indonesia in 2017 reached US$ 8,84 billion or increased 15,25% compared to in in 2016.
He also said, the challenges to increase the trade cooperation with the countries in Africa is the tariff barrier. This happens for there is no trade agreement yet. Besides the agreement with African countries could not be done still through billateral meeting because of the regional agreement which bonds them. The other challenge is the internal political dynamic in the region.
He also did billateral meeting with Vice Minister of Foreign Affairs, Marocco, Mounia Boucetta. One thing that was discussed was the preferential tariff agreement (PTA).
“In the meeting, Marocco supported the PTA proposal which Indonesia suggested. So before the PTA discussion starts, the two countries would meet in the expert level before June 2018,” Enggartiasto said.
Besides the meeting also discussed about to increase the cooperation and capacity in the two countries. He continued, Indonesia told the plan of trade mission to Marocco which may be done on 27-28 June 2018.
Marocco is one non – traditional export country that becomes the hub to Africa. The total trade between Indonesia and Marocco in 2017 reachedUS$ 154,8 million. It consisted of the exports from Indonesia to Marocco reaching US$ 86 million and the import from Marocco to Indonesia reaching US$ 68,8 million. So Indonesia got surplus reaching US$ 17,1 million. (T2)