Indonesian President Inaugurates Trade Expo Indonesia (TEI) 2016
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President Joko Widodo inaugurated Trade Expo Indonesia (TEI) 2016, which opened today at the Jakarta International Expo Kemayoran. Accompanied by Enggartiasto Lukito, Minister of Trade, and Djarot Saiful Hidayat, Vice Governor of Jakarta, the President also awarded the Primaduta Award and Primaniyarta to the best 30 Indonesian exporters.
Widodo also urged Indonesian exporters to expand to new markets, such as African countries and India, despite the unpredictable global economic conditions. “We have to start to turn our heads to the markets we used to overlook, the markets like India and Africa that offer a huge business opportunities from populations that reach over 60 million people,” stated the President at the opening ceremony.
Not only Africa and India, which provide lucrative opportunities for Indonesian products, the President also noted that other developing markets like South Asia and Latin America hold great potential for Indonesian exporters to expand markets and distribution of their products. “I urge Indonesian exporters to make moves toward the markets we have previously overlooked,” added President Widodo.
The President also mentioned that design and packaging play an important role in grabbing the consumer’s attention. “I highly appreciate the Ministry of Trade and the Creative Economy Agency’s initiatives in helping our SMEs to design attractive packaging for their products,” stated Jokowi.
In addition to showcasing the quality Indonesian export products, TEI 2016 also serves as a trade making platform for businesses, both local and foreign. Trade Minister Enggartiasto said that the event would see approximately 1,100 exhibitors, including SMEs, and expects 15,562 potential buyers from 152 countries. He added that business commitments already sealed totaled Rp 2.6 trillion from 14 countries.
Questions & Answers
Q.What is the primary aim of President Widodo's advice to Indonesian exporters?
What is the primary aim of President Widodo's advice to Indonesian exporters?
President Widodo urged Indonesian exporters to expand into new markets like African countries and India, as well as South Asia and Latin America. He believes these previously overlooked markets offer significant business opportunities due to large populations.
Q.Which specific regions or countries did President Widodo highlight as new opportunities for Indonesian exporters?
Which specific regions or countries did President Widodo highlight as new opportunities for Indonesian exporters?
President Widodo specifically mentioned African countries, India, South Asia, and Latin America. He emphasised that these developing markets present substantial potential for growth and distribution of Indonesian products.
Q.What is the expected scale of participation and business outcomes for TEI 2016?
What is the expected scale of participation and business outcomes for TEI 2016?
TEI 2016 is expected to host approximately 1,100 exhibitors, including SMEs, and attract 15,562 potential buyers from 152 countries. Business commitments totalling Rp 2.6 trillion have already been secured from 14 countries.
Q.What role does the President believe design and packaging play in export success?
What role does the President believe design and packaging play in export success?
The President stated that design and packaging are important for capturing consumer attention. He also commended the Ministry of Trade and the Creative Economy Agency for helping SMEs create attractive product packaging.
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