Wednesday, October 22, 2008

President Yudhoyono opens Trade Expo Indonesia 2008







President Susilo Bambang Yudhoyono opened the 23rd Trade Expo Indonesia 2008 at the Jakarta International Expo ground in Kemayoran, Central Jakarta, on Tuesday. Themed "What Happens to a World without Indonesia" the Trade Expo Indonesia 2008 from October 21-25 is participated in by at least 850 small- and medium-scale (UKM) businessmen, state enterprises (BUMNs), cooperatives, and 12 provincial administrations.

In his opening address, President Yudhoyono called on his countrymen to love domestic products in accordance with the government`s policy to strengthen the domestic market and to save foreign exchange by reducing imports.

On the occasion the head of state was accompanied by First Lady Ani Yudhoyono, Trade Minister Mari Elka Pangestu, Finance Minister Sri Mulyani, Transportation Minister Jusman Syafeii Djamal, Industry Minister Fahmi Idris, State Minister for Environment Affairs Rachmat Witoelar, and Maritime Affairs and Fisheries Minister Freddy Numberi.

Before opening the expo, President Yudhoyono presented Primadiyarta awards to 27 exporters.
The award has been periodically presented by the government to outstanding exporters since 1992 but it was stopped during the monetary crisis in 1998-200, and then was reactivated in 2001. The presentation of the awards was intended to motivate the exporters to increase non-oil and non-gas exports, and to step up the number of non-oil and non-gas exporters.

Trade Expo 2008 is expected to generate trade transactions worth up to US$220 million or up by US$20 million from US$200 million booked during the same event last year. At least 2,300 foreign buyers from 108 countries have expressed readiness to visit Indonesia`s greatest trade promotion this year. Indonesia`s ten main products being introduced in this year`s expo are furniture, electronics, footwear, shrimp, coffee, cacao, rubber and rubber products, automotive components, palm oil, and textiles/textile products. More than 800 participants from various provinces across the country are also exhibiting their top quality products which are expected to attract foreign buyers.

source: Antara

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