Mon, 02 Jul 2007
The government expects the country's non-oil and -gas exports to grow by up to 16% next year, Trade Minister Mari Pangestu said on Monday (25/6/07), although she warned that performance would depend partly on global demand.

"The target was set based on the government's work plan and a department 'exercise'. However, based on the government's macro-assumption it will be 12% to 16%," Pangestu was quoted as saying by Antara.

"The strategy on the demand side is opening market access through lobbies to reduce trade barriers and negotiations for bilateral, regional and international free trade," she said.

From the supply point of view, efforts have to be made to overcome trade barriers at home, especially those relating to exports, she said.

"In view of that, next year's budget's main priority will be put on facilities, including investment development. Hopefully, there will be a lot of investment this year so that there will be increased expansion of export capacity," she said.



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