Indonesian Deputy Minister of Trade, Diah Roro Esti, has called for the expansion of exports from small and medium enterprises (UMKM) through maritime trade diplomacy led by the Indonesian Navy's KRI Bima Suci ship. She emphasized that this step represents a strategic opportunity to enhance Indonesia's position in international markets.
During a reception aboard the ship, Roro Esti confirmed that this initiative aims to showcase Indonesia's exceptional products to the world and open new horizons for exporters, especially from the UMKM sector. She noted that the ship will embark on a 197-day journey, visiting countries such as Singapore, Sri Lanka, China, Japan, and Russia.
Event Details
On March 30, Roro Esti participated in a reception aboard the KRI Bima Suci, followed by the launch of the journey on March 31 from the Kolinlamil Pier in Jakarta. This event is part of the Ministry of Trade's support to enhance trade diplomacy through international maritime voyages involving several friendly nations.
The Ministry of Trade aims, through this journey, to present a range of distinguished products from UMKM, reflecting quality, innovation, and diversity in national products. The ministry is also working to facilitate UMKM participation in this program, from the product selection process to providing support to ensure their readiness to compete in international markets.
Background & Context
UMKM are considered a cornerstone of the Indonesian economy, significantly contributing to job creation and economic growth. Indonesia has seen increasing efforts in recent years to support this sector by providing financing, training, and guidance for small and medium-sized enterprises.
This initiative coincides with Indonesia's efforts to strengthen its trade relations with other countries, especially amid global economic challenges. This direction reflects the government's desire to achieve sustainable development and enhance the competitiveness of Indonesian products in international markets.
Impact & Consequences
This initiative is expected to raise awareness of Indonesian products and enhance trade cooperation opportunities with the countries participating in the journey. Direct interaction with representatives from 26 countries will provide new opportunities for collaboration in various fields, strengthening Indonesia's ability to compete in global markets.
This step is also part of a broader strategy to enhance economic diplomacy, focusing on using trade diplomacy as a means to strengthen international relations and achieve shared economic interests.
Regional Significance
Indonesia is one of the largest economies in Southeast Asia and has growing trade relations with Arab countries. This initiative could enhance trade exchange between Indonesia and Arab nations, particularly in the fields of food products and consumer goods.
Furthermore, cooperation in trade and investment could open new avenues to strengthen economic relations between Indonesia and Arab countries, contributing to sustainable development on both sides.