RI is strengthening its international business network through trade representatives in 31 countries. RI is also currently reviewing whether to participate in the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP).
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Jerry Sambuaga has stated that the TEI 2023 is expected to serve as a momentum to accelerate Indonesia's economic recovery post-Covid-19 pandemic, particularly in the trading sector. TEI 2023 is not only a platform to showcase various Nusantara products but also aimed towards the development of Indonesia's business and investment network with the international world.
Indonesia is also currently negotiating 15 trade agreements, including with the European Union, Turkey, Pakistan, Bangladesh, Tunisia, Mauritius, Morocco, Canada, Peru, and the South American trade bloc . "Improve TEI target this year. Business activities should be more smooth and successful. In addition, Indonesia also needs to further develop and strengthen integration with the global value chain," he said.Airlangga also asked the Ministry of Trade to continue opening new export markets, such as in Africa, South America and the Middle East. Trade agreements with these countries need to be explored immediately and then realized.
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