Thursday, November 25, 2010

Indonesia, U.S. Trade Eco-Friendly Products

Indonesia-AS Tingkatkan Perdagangan Produk Ramah Lingkungan
Indonesia, U.S. Trade Eco-Friendly ProductsTuesday, 
Economy & Business | Business | Read 1100 timesIndonesia, U.S. Trade Eco-Friendly ProductsCoordinating Minister Hatta Rajasa (left) runs with the Secretary of Commerce United States (U.S.), Gary Locke (right) before a meeting with U.S. businessmen in Jakarta on Tuesday (25 / 5). 
 The meeting discussed the improvement of bilateral relations especially in trade and energy. (AFP / Prasetyo Utomo)Jakarta (ANTARA News) - Indonesia will cooperate with the United States (U.S.) to promote trade in products that are environmentally friendly in order to encourage the achievement of carbon emission reduction targets for each country.
Trade Minister Mari Elka Pangestu, after accompanying the Coordinating Minister for Economic Affairs receives U.S. Secretary of Commerce, Gary Locke, in Jakarta on Tuesday, said Indonesia has a policy that supports the development of environmentally friendly products.
He pointed out, import duties for various pollution-free products and environmentally friendly has been relatively low at an average of five percent.
In addition, the customs exit for biofuel from crude palm oil (CPO) has been pegged lower than the raw material.
"We also have the potential to produce 'clean technology products` and `services` it, "said the minister.
The minister expects IndonesiaI-US bilateral trade remains balanced even though the U.S. is to boost its exports to create jobs after massive layoffs due to the global economic crisis last year.
"If the` import `clean technology (from USA) and accompanied by investments become a win-win (both benefit)," he said.
During this time, the U.S. is, the main export destination countries of Indonesia and Indonesia also export high-tech products from the U.S..
Mari said she expects other than trade cooperation, the U.S. also can assist Indonesia in overcoming the problem of standards for environmentally safe products into the U.S. and European markets.
"We issue standards such as the European Renewable Energy Directives and in the United jugakan there. This barrier for us," he added.
Over the next four years, the government is targeting an average increase of exports 10-14 per cent per year.
"In 2014 exports are expected to grow 200 billion U.S. dollars," he said.
Indonesian non-oil exports to the U.S. as long as it reaches about 10 percent of total exports.
On that occasion, besides trade minister, also attended other economic ministers such as Minister for State Enterprises, State Minister of Planning / Head of Bappenas, Ministry of Maritime Affairs and Fisheries, and Minister of Energy and Mineral Resources.
The arrival of U.S. Menag, Gary Locke, it is sending the first U.S. trade mission in the cabinet of President Obama. Locke brings some 40 U.S. businessmen who will be in Jakarta until Wednesday (May 26 ).(*)

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