ID :
107491
Fri, 02/19/2010 - 18:42
Auther :
Shortlink :
https://oananews.org//node/107491
The shortlink copeid
RI-LATIN AMERICA TRADE RELATIONS STEPPED UP
Surabaya, E Java, Feb 18 (ANTARA) - The trade relations between Indonesia and Latin American countries will be stepped up.
Bilateral Cooperation Director at the International Trade Cooperation Directorate General of the Ministry of Trade Harmen Sembiring said here Thursday the Latin American countries are still potential destinations of Indonesian non oil/gas exports.
He said they not only have large populations, their per capita income reached 4,000 US dollars per year.
"The means and facilities of trade are also adequate, while the relations between Indonesia and Latin American countries are also good," he said on the sidelines of a coordinating meeting to increase bilateral coooperation between Indonesia and Central and South America.
The only challenge is the great distances and time differences, as well as difference in payment system.
Difference in language is also posing an obstacle. Most of the countries in that part of the world use Spanish, with the exception of Brazil which uses Portuguese and Jamaica uses English.
Harmen also said that Indonesian exports and imports normally used third countries, like Singapore, Hong Kong, and the United States.
Data at the Ministry of Trade showed that Indonesia's balance of trade with Central America and Latin America from January to November 2009 had not been favorable.
Indonesia's exports to Brazil reached 760.8 million US dollars, while imports reached 1,007.6 billion dollars, leaving Indonesia a deficit of 246 million dollars.
Indonesia's exports to Argentina reached 144.8 million dollars and imports 647.7 million dollars.
Deputy Chairman of the East Java Chamber of Commerce and Industry (Kadin) for trade Isdarmawan Asrikan said East Java's exports and imports were still favorable because the province has several industrial estates like SIER in Surabaya and PIER in Pasuruan, which are producing non oil/gas commodities for exports, including processed copper and tin, paper, processed timber, food and beverages, textile, electrical equipment, iron and steel, and automotiver engines, base chemicals, processed leather, oil palm fruits and footwear.
Their destinations include Japan, Malaysia, the US, China, Thailand, Singapore, Taiwan, South Korea, Australia, and Vietnam.
T.M038/
Bilateral Cooperation Director at the International Trade Cooperation Directorate General of the Ministry of Trade Harmen Sembiring said here Thursday the Latin American countries are still potential destinations of Indonesian non oil/gas exports.
He said they not only have large populations, their per capita income reached 4,000 US dollars per year.
"The means and facilities of trade are also adequate, while the relations between Indonesia and Latin American countries are also good," he said on the sidelines of a coordinating meeting to increase bilateral coooperation between Indonesia and Central and South America.
The only challenge is the great distances and time differences, as well as difference in payment system.
Difference in language is also posing an obstacle. Most of the countries in that part of the world use Spanish, with the exception of Brazil which uses Portuguese and Jamaica uses English.
Harmen also said that Indonesian exports and imports normally used third countries, like Singapore, Hong Kong, and the United States.
Data at the Ministry of Trade showed that Indonesia's balance of trade with Central America and Latin America from January to November 2009 had not been favorable.
Indonesia's exports to Brazil reached 760.8 million US dollars, while imports reached 1,007.6 billion dollars, leaving Indonesia a deficit of 246 million dollars.
Indonesia's exports to Argentina reached 144.8 million dollars and imports 647.7 million dollars.
Deputy Chairman of the East Java Chamber of Commerce and Industry (Kadin) for trade Isdarmawan Asrikan said East Java's exports and imports were still favorable because the province has several industrial estates like SIER in Surabaya and PIER in Pasuruan, which are producing non oil/gas commodities for exports, including processed copper and tin, paper, processed timber, food and beverages, textile, electrical equipment, iron and steel, and automotiver engines, base chemicals, processed leather, oil palm fruits and footwear.
Their destinations include Japan, Malaysia, the US, China, Thailand, Singapore, Taiwan, South Korea, Australia, and Vietnam.
T.M038/
