Indonesia looks to increase trade with South America
The Indonesian government plans to open an international trade promotion center at Chile. This is one of the results of the Indonesian delegates’ tour around South America earlier this month.
The government will also form strategic cooperation with Chile as well as Brazil and Mexico. Minister of Trade Marie Elka Pangestu said, “Cooperation with Brazil will be focused on the agricultural sector, including commodities such as soybean, sugar and biofuel, with a transaction value of US$2 billion. We already have an Indonesia Trade Promotion Center at São Paulo to promote trade with our country there. Brazil is the biggest market in Latin America.”
Added Marie, the government has also established a promotion center at Mexico, which has generated US$300 million in transactions. She also said that the government’s effort to increase trade with South America is part of its strategy to diversify Indonesia’s export markets.
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