Minister of Trade Budi Santoso revealed that the three work programs of the Ministry of Trade are part of the Quick Win of the Coordinating Ministry for Economic Affairs. The three work programs are Domestic Market Security, Export Market Expansion, and Strengthening Small and Medium Enterprises.
“The focus of the Ministry of Trade’s work program is three, namely Securing the Domestic Market, Expanding the Export Market, and Increasing Export SMEs. “These three work programs are the Ministry of Trade’s contribution to the preparation of the Quick Wins Program for ministries in the economic sector,” explained Budi in his official statement, Monday (4/11).
In the Domestic Market Security Work Program, Budi targets the utilization of 22 markets built by 2024. This target is aimed at accelerating the utilization of 22 markets built using Assistance Task Funds in accordance with Minister of Trade Regulation Number 9 of 2024 which was promulgated on 28 May 2024. The next target is settlement of Anti-Dumping Import Duties (BMAD) on nylon products from China, Thailand and Taiwan as well as Safeguard Measures Import Duties (BMTP) on ready-made clothing. The aim is to reduce potential losses and protect domestic industry from a flood of imports and unfair imports.
The next target is continuous trade supervision for 40 types of products and supervision at Christmas and New Year (Nataru). Because, he sees the need to support the smooth distribution of basic necessities and important goods, increase circulating goods that meet the provisions, and ensure that consumers get goods and services according to the size stated. The final target of this work program is to increase the transaction value of domestic products on National Online Shopping Day (HarBolNas) by 50 percent. This is aimed at increasing micro, small and medium enterprise (MSME) transactions in the market place.
“We believe that government support for the domestic market plays an important role in empowering the community’s economy. “Especially, in buying and selling activities in the community, local industry, and consumer protection,” he said.
Furthermore, in the Export Market Expansion Work Program, Budi targets the completion of three bilateral trade negotiations between Indonesia and three partner countries, namely Canada, Eurasia and Peru. Currently, negotiations between Indonesia and Canada are still ongoing in a comprehensive economic partnership scheme (Indonesia—Canada Comprehensive Economic Partnership Agreement/ICA—CEPA), with Eurasia in a free trade scheme (Indonesia—Eurasian Economic Union Free Trade Agreement/IEAEU—FTA), as well as with Peru in the Indonesia—Peru CEPA scheme.
“The three negotiations have achieved significant and targeted progress
can reach a substantive settlement in the near future,” he added.
Apart from that, he also targets accelerating the completion of CEPA negotiations between Indonesia and the European Union (IEU—CEPA).
“This target is to accelerate the utilization of the results of negotiations, thereby increasing the competitiveness of national export products and expanding the Indonesian export market,” he explained.
Meanwhile, in the SME Export Work Program, Minister of Trade Budi set five targets. First, developing the export SME ecosystem. Second, the establishment of two new export centers outside Java.
“Strengthening the SME export ecosystem is needed to encourage the contribution of SME exports to be larger and more measurable. “The export center will also play a very important role for export players so they can find wider markets,” said Budi.
Third, the printing of 100 UKM exports as a result of the UKM BISA Export program. Fourth, 600 SMEs will receive export training during the period 21 October-31 December 2024.
Fifth, optimizing the role of trade representatives in promoting SME exports with a transaction target of reaching US$55 million supported, among other things, through exhibitions and exploring trade agreements.
For this reason, the contribution of stakeholders and the ranks of the Ministry of Trade is considered very important so that this target can be achieved.
“Collaboration and synergy between stakeholders and Ministry of Trade officials is important to achieve this target,” he concluded. (Z-11)
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**Interview with Minister of Trade Budi Santoso on the Quick Win Program**
**Interviewer:** Thank you for joining us today, Minister Budi Santoso. Let’s talk about the Quick Win Program you’re spearheading. Can you explain what this program entails and how it impacts the economic landscape?
**Minister Budi Santoso:** Thank you for having me. The Quick Win Program is an initiative from the Coordinating Ministry for Economic Affairs aimed at revitalizing our economy through three key work programs within the Ministry of Trade: Domestic Market Security, Export Market Expansion, and Strengthening Small and Medium Enterprises (SMEs). This strategic approach aims to safeguard domestic interests while enhancing our global trading capabilities.
**Interviewer:** That sounds promising. Could you elaborate on the Domestic Market Security Work Program and what specific measures you plan to implement?
**Minister Budi Santoso:** Certainly. Our focus here is on utilizing the 22 markets built by 2024, ensuring they are operational and beneficial to local economies. We are also addressing import duties, particularly for nylon products and ready-made clothing, to protect our domestic industries. Furthermore, continuous supervision of 40 product types is essential, especially around festive seasons, to ensure smooth supply and consumer safety.
**Interviewer:** It’s clear that consumer protection is a priority. Moving on to the Export Market Expansion aspect, what progress can you report on the bilateral trade negotiations?
**Minister Budi Santoso:** We are currently engaged in negotiations with Canada, Eurasia, and Peru, under various comprehensive economic partnerships. I’m pleased to share that we have made significant progress and are on track to reach substantive agreements soon. We are also working to expedite our negotiations with the European Union, which will open more avenues for our exporters.
**Interviewer:** It’s encouraging to hear about the progress in international negotiations. Lastly, how do you envision strengthening Small and Medium Enterprises as part of the Quick Win agenda?
**Minister Budi Santoso:** Strengthening SMEs is crucial for our economic resilience. One of our targets is to increase the transaction value of domestic products on special shopping days by 50%. We are focused on enhancing their visibility and competitiveness in both domestic and online marketplaces. Our goal is to empower these businesses to thrive and contribute significantly to the economy.
**Interviewer:** Thank you, Minister Budi, for sharing these insights. The Quick Win Program seems to hold great promise for Indonesia’s economic future.
**Minister Budi Santoso:** Thank you. We believe with strong government support and the active participation of our citizens, we can achieve significant growth and resilience in our economy.