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Minister sends steel exports to Australia, Canada, Puerto Rico

Diposting pada 23 Juni 2024 oleh admin / Dilihat: 0 kali

“Hopefully this export can convince us that our dream of transforming into a developed country by 2045 can be achieved,”

Jakarta (ANTARA) – Minister of Trade Zulkifli Hasan, Friday (21 June), released the export of eight armored steel containers to Australia, Canada and Puerto Rico in Purwakarta Regency, West Java.

“To become a developed country, we need to dominate the global market. “Remember, we export steel whose industry uses advanced technology,” he said in a statement from his office received in Jakarta, Saturday (22 June).

Hasan said that demand for Indonesian steel from Canadian and Australian importers increased by 16.94 percent and 14.72 percent respectively in the last five years.

The Minister of Finance hopes that this positive trend can help Indonesia reduce the trade balance deficit with Canada and Australia.

He further said that the government would continue to take steps to expand access for Indonesian products to the Australian and Canadian markets, including formulating trade agreements.

In this regard, the Indonesia-Australia Comprehensive Economic Partnership Agreement has been rolled out, while a similar agreement between Indonesia and Canada is still in the negotiation stage.

Hasan then praised PT Tata Metal Lestari, a producer of export steel products, for taking advantage of opportunities, diversifying export markets, and implementing green industry principles in an effort to increase the competitiveness of its products.

“Hopefully this export can convince us that our dream of transforming into a developed country by 2045 can be achieved,” he said.

Meanwhile, Vice President of Steel Producers Stephanus Koeswandi linked the government’s steps to the realization of coated steel exports.

He said that the government has been supporting and protecting the domestic steel industry by prioritizing sustainability principles and encouraging business actors to innovate and adapt.

Related news: Minister releases shipment of 30,000 metric tons of HRC to Italy
Related news: Indonesia targets ranking among world’s largest stainless steel producers

Translator: Uyu S, Tegar Nurfitra
Editor: Arie Novarina
Copyright © ANTARA 2024

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