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Indonesia keen to ink trade pacts to boost textile export

Indonesian Government is working on bolstering the country’s textile exports. In the latest input, Trade Minister Enggartiasto Lukita has underlined that the Government is eager on establishing trade agreements with other nations to amplify textile exports. He made this statement at the recently held National Textile Dialogue 2018 in Surakarta, Central Java.

The Minister even added that efforts have been made in this direction “to open markets for exports through the establishment of various agreements”. The Trade Ministry will work collaboratively with Indonesian embassies, consulate generals and Indonesian Trade Promotion Center to endorse domestic textile products.

Lukita mentioned that textile remains a major export product category for the country. In the first half of the year 2018, textile exports from Indonesia were US $ 6.45 billion, marking a surge of 7.89 percent over the previous year’s US $ 12.53 billion in the corresponding months.

The Government is optimistic on the fact that the textile industry can place Indonesia among the leading global textile exporters.

To boost productivity and efficiency, the Government will reportedly set up clusters of integrated textile industry connected to technology of Industry 4.0.

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