Temporary TEI 2023 transactions reached 25.3 billion US dollars or exceeded the target of 11 billion US dollars. The transaction also indicates that the implementation of RCEP and increasing trade between ASEAN countries is starting to take place.
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“The transaction exceeded this year's target of $11 billion US dollars. The transaction not only involved the exchange of goods, but also services and investments in the health equipment industry, as well as educational cooperation with China worth $2.81 billion US dollars,” said Zulkifli during a press conference held at ICE BSD., the five countries that recorded the largest transactions in TEI 2023 were China worth a total of 8.391 billion US dollars, Malaysia 6.
To boost exports to several countries, Indonesia is striving to roll out several programs. One of them is the Direct Marketing program, which targets potential buyers in Australia. "This year, the collaboration between Indonesia Direct and Cendani Pty Ltd has generated transactions of about 1 million Australian dollars," he said during the launch of the Direct Marketing Program on Friday , amid TEI 2023."
One requirement for Indonesian products to be accepted in the UAE market is the use of the Arabic language on product packaging.
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