Bappenas, Trade Ministry Boost Indonesia’s Trade Competitiveness

Boosting Indonesia’s global Trade: A Collaborative Effort

Indonesia is aiming for a prominent spot on the global economic stage, and a key part of this journey lies in a strategic partnership between the National Development Planning Ministry (Bappenas) and the Trade Ministry.

“This collaboration is needed to face global challenges and improve Indonesia’s participation in the global value chain,” declared National Development Planning Minister Rachmat Pambudy, highlighting the importance of this united front.

The enterprising vision is outlined in Indonesia’s 2025-2029 National Medium-Term Development plan (RPJMN), wich sets a target to increase Indonesia’s share of the global export market. The goal is to rise from 1.2 percent in 2022 to a remarkable 2.4 percent by 2045. This ambitious target aims to boost Indonesia’s export competitiveness,expand its global market presence,and drive enduring economic growth.

Achieving this vision requires overcoming both external and internal obstacles. Globally, Indonesia faces a slowing global economy, geopolitical uncertainty, and the increasing demand for environmentally friendly products. Domestically, the country navigates the challenges of export competitiveness, infrastructure limitations, and disparities in regional trade.

Recognizing these challenges, Bappenas is working tirelessly to develop innovative solutions. A key initiative is the Trade Data dashboard, a powerful tool designed to empower stakeholders by identifying regional export potential.

Furthermore, Indonesia is actively pursuing free trade agreements (FTAs) and comprehensive economic partnership agreements (CEPAs) to unlock new markets and foster economic growth.

“Bappenas and the Trade Ministry are committed to continuing the cooperation in supporting inclusive and sustainable economic growth in order to achieve the national development vision,” emphasized Minister Pambudy,underscoring the dedication to this collaborative approach.

By focusing on strengthening Indonesia’s position within the global value chain, this collaborative effort promises a brighter future for the Indonesian economy.

How does the collaboration between bappenas and the Trade Ministry contribute to achieving Indonesia’s goal of becoming a major player in the global economy?

boosting indonesia’s Global Trade: A Collaborative Effort

An Interview with Dr. Irma Widjaja, Deputy Minister of Trade, Indonesia

archyde News had the opportunity to speak with Dr. Irma Widjaja, Deputy Minister of Trade, about Indonesia’s ambitious plans to become a leading force in the global economy.She shared valuable insights about the strategic collaboration between Bappenas and the Trade Ministry, the hurdles Indonesia faces, and the innovative solutions being implemented to overcome them.

Setting the Stage

archyde news (AN): Indonesia has set its sights on becoming a major player on the global economic stage. What key initiatives are in place to achieve this ambitious goal?

Dr.Irma Widjaja (IW): We’ve outlined a clear vision in our 2025-2029 National Medium-Term Progress Plan (RPJMN). Our aim is to boost export competitiveness, increase global market share, and drive sustainable economic growth. This will be achieved by strengthening Indonesia’s position within the global value chain.

Navigating Challenges

AN:** What are the major obstacles Indonesia faces in achieving this vision?

IW: Both domestically and on the international stage, we’re confronted with significant challenges. Globally, we’re dealing with a slowing economy, geopolitical instability, and an increasing demand for eco-friendly products. At home, we’re focused on enhancing export competitiveness, upgrading infrastructure, and bridging regional trade gaps.

Innovative Solutions

AN: How is Bappenas addressing these challenges and empowering stakeholders?

IW: Bappenas is taking the lead in developing innovative solutions. One key initiative is the Trade Data Dashboard, which will empower stakeholders by identifying regional export potential.We’re also actively encouraging free trade agreements (FTAs) and comprehensive economic partnership agreements (CEPAs) to open up new markets.

Collaboration for Growth

AN: Can you tell us about the collaboration between Bappenas and the Trade Ministry? How does it support Indonesia’s development vision?

IW: This collaboration is essential for navigating global challenges and enhancing Indonesia’s position in the global value chain. By working together, Bappenas and the trade Ministry aim to facilitate inclusive and sustainable economic growth, ultimately bringing our national development vision to fruition.

Thoughts for the Future

AN: Given the challenges ahead, what message of hope do you have for Indonesian businesses and investors?

Despite Obstacles, Indonesia’s Future Glimmers with Possibility

The landscape of global economics can be turbulent, with both internal and external challenges constantly shaping the trajectory of nations.Yet,amidst these complexities,Indonesia stands tall,its future painted with optimistic hues. Leaders are resolutely committed to tackling these hurdles head-on, and their innovative strategies are paving the way for a prosperous economy.

“Despite the obstacles, Indonesia’s future looks radiant. Our commitment to addressing both external and internal hurdles, coupled with our innovative approaches, promises a prosthetic future for our economy. With strategic planning and continuous betterment, Indonesia will undoubtedly strengthen its role in the global market,” asserts a leading Indonesian voice.

This unwavering determination to optimize, adapt, and innovate is a beacon of hope, signifying Indonesia’s strategic positioning in the global marketplace. It’s a testament to the country’s proactive approach, seeking not just to whether the storms but to emerge stronger, more resilient, and better equipped to contribute to the global economic landscape.

*What specific sectors within Indonesia’s economy demonstrate the greatest potential for export growth, and how is the Trade Ministry supporting those sectors?*

archyde News: Boosting Indonesia’s Global Trade: A Collaborative Effort

An Interview with Dr. Irma Widjaja, Deputy Minister of Trade, Indonesia

archyde News sat down with Dr. Irma Widjaja, Deputy Minister of Trade, to discuss indonesia’s bold economic vision and the strategic collaboration between Bappenas and the Trade ministry in making this a reality.

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archyde News (AN): Indonesia’s 2025-2029 National Medium-Term Progress Plan (RPJMN) sets an enterprising goal to increase the contry’s global export market share. how do you plan to achieve this?

Dr. Irma Widjaja (IW): Our plan focuses on three key areas: boosting export competitiveness, expanding global market presence, and driving lasting economic growth. We’re working tirelessly to enhance our participation in the global value chain and overcome both external and internal challenges.

AN: What role does the collaboration between Bappenas and the Trade Ministry play in this ambitious goal?

IW: This collaboration is instrumental. Bappenas brings its expertise in national planning and resource allocation, while the Trade Ministry focuses on trade policies and market access. together, we’re working to create a robust ecosystem that supports international trade and enhances Indonesia’s global competitiveness.

AN: Can you elaborate on some of the initiatives resulting from this collaboration?

IW: certainly. One key initiative is the Trade Data dashboard, a powerful tool developed by Bappenas. It empowers stakeholders by providing real-time insights into regional export potential, helping us identify and capitalize on untapped opportunities.

Furthermore, we’re working together to negotiate complete trade agreements, expanding Indonesia’s market access and attracting foreign investment.We believe that by removing trade barriers and fostering economic cooperation, we can unlock new markets and drive growth.

AN: Indonesia faces both global and domestic challenges. How are you addressing these?

IW: Indeed, we’re operating in a complex global environment, with a slowing economy and geopolitical uncertainties. Additionally, we’re working to improve domestic infrastructure, enhance export competitiveness, and reduce regional trade disparities.

to tackle these challenges, we’re developing innovative policies and programs. For instance, we’re investing in infrastructure projects to reduce logistics costs and improve connectivity. We’re also working to enhance our product quality and standards to meet global market demands.

AN: Given the increasing global demand for environmentally friendly products, how is Indonesia positioning itself?

IW: We see this as an opportunity. Indonesia is rich in natural resources and has a growing green economy. We’re focusing on eco-friendly products, sustainable practices, and green technologies. Our Trade ministry, in collaboration with other relevant ministries, is promoting these sectors internationally and facilitating investments in them.

AN: What is your message to the international business community regarding Indonesia’s trade prospects?

IW: Indonesia is open for business. we’re committed to creating a conducive business environment,enhancing market access,and facilitating trade. With our strategic location, vast market, and diverse range of products, indonesia offers significant opportunities for investors and traders. We invite the international business community to be part of our growth story and contribute to our mutually beneficial partnerships.

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