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Enhancing Indonesia's economic diplomacy in non-traditional market: East European countries
In line with the main priorities of President Joko Widodo in foreign policy to focus on economic diplomacy with the aim to bring economic benefit for Indonesian through trade and investment, as well as to support national development programs, The Ministry of Foreign Affairs of the Republic of Indonesia has been actively pursuing policies, activities and initiative within the corridor of economic diplomacy to open and widen established market access to Indonesian products and goods.
The implementation of the policy is being carried out by Indonesian missions abroad through targeted programs namely through the holding of business forum; facilitating Indonesian businesses to attend, and participate in various trade and market exhibitions abroad with large international coverage; inviting business people from respective countries of accreditation to attend various Indonesian trade exhibitions, both in Indonesia (in-person), and also virtually such as Trade Expo Indonesia, Indo Defense Expo (in person), INA CEE (virtual) to name a few. These policy focuses not only on Indonesia’s traditional market but also directed towards prospective non-traditional markets such as in Eastern Europe, Latin America, and Africa.
This TASKAP focuses on Eastern Europe as a non-traditional market that provides potential avenue for the export of Indonesian Goods and products. For the purpose of this TASKAP, East Europe countries comprise of 18 countries, namely Albania, Bosnia and Herzegovina, Bulgaria, Croatia, Czech Republic, Estonia, Hungary, Latvia, Lithuania, The Republic of North Macedonia, Moldova, Montenegro, Poland, Romania, Serbia, Slovakia, Slovenia, and Ukraine. In conclusion, much needs to be done and policies recommendation are provided To expand market for Indonesian products and to tap the market in the Eastern European countries.
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