Sun, 01 Aug 2010
Jakarta (ANTARA News) - Trade Minister Mari Elka Pangestu said the trend in export growth is rising in line with increasing export demand from countries in Asia.

"I saw until May the trend is still around 30 percent compared to that of the same period last year," she said after the launching of Care Coins Movement here on Saturday.

She believed the annual rate of export growth was still around 13 percent. "So the upward trend is still strong. We have not seen much impact from the crisis in Europe.

What we must maintain is demand from Asia as they have all started reducing their stimulus," she said.

The minister hoped with the good trend exports in 2010 would grow 7.0 to 8.5 percent. The average non-oil/gas exports in 2010 is recorded at around UD$10 billion a month.

Regarding rupiah appreciation the minister said that it would increase the cost to be borne by exporters.

Therefore "we must strive to reduce the exporters` cost of production. We must lower high cost economy by cutting cost of processing, restitutions and others." she said.`

She said the government would strive to maintain the rupiah stability against the US dollar. "We will keep it balanced. What is important is stability and that is the task of Bank Indonesia," she said.(*)



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