Indonesia to inspire equal trade diagnosis in APEC

Da Nang, Vietnam (ANTARA News) – Indonesia will inspire equal diagnosis among trade partners during a 25th limit of a Asia-Pacific Economic Forum reason in Vietnam, Trade Minister Enggartiasto Lukita settled here, Thursday.

“Matters relating to ensuring equal diagnosis (in trade) and avoiding any discriminatory diagnosis in business foe should be discussed with trade partners,” Lukita stated.

President Joko Widodo will attend a summit, scheduled to be reason on Nov 10-11 in Da Nang, Vietnam.

“Today, we was scheduled to reason 8 shared meetings, and one by one we will plead a issue,” Lukita noted, adding that contention with trade partners will not be that easy.

“It seems that (the negotiations) would not run easily, as a US has a opposite stance,” he continued.

He quoted a instance of a palm oil zone where Indonesia has faced a black debate opposite a products.

“We quarrel by diplomacy, and we have warned them. If they adopt an anti-dumping policy, we can do that too, and if they distinguish opposite a products, we can do that too. However, is that what we wish in a deals? Of march not, so let us safeguard an equal treatment,” Lukita explained.

According to a minister, shared trade between Indonesia and Vietnam has increasing sharply.

“The exports of some line have increasing by 100 percent, generally present food, and this good news has been a certain impact of a Association of Southeast Asian Nations giveaway trade agreement. However, we have to be clever with small- and medium-scale enterprises. We have to ready them to face a era,” he remarked.

The supervision has vowed to facilitate regulations to urge Indonesias competitiveness.

The APEC limit will concentration on realizing a tolerable economy and informal integration, improving competitiveness of SMEs, and rebellious a impact of meridian change and cultivation issues.

The APEC has entered a final proviso of realizing a Bogor Goals on trade and investment liberalization by 2020.

The 21 members of a APEC are Australia, Brunei Darussalam, Canada, Chile, China, Hong Kong, Indonesia, Japan, South Korea, Malaysia, Mexico, New Zealand, Papua New Guinea, Peru, a Philippines, Russia, Singapore, Taipei, Thailand, a US, and Vietnam.

Its members paint 39 percent of a worlds population, that contributed 57 percent of a tellurian sum domestic product and 49 percent of a tellurian trade. (*)

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