{
    "success": true,
    "data": {
        "id": 1574271,
        "msgid": "asmindo-strengthens-global-furniture-supply-chain-through-indonesia-us-strategic-partnership-1772164843",
        "date": "2026-02-27 09:28:14",
        "title": "ASMINDO Strengthens Global Furniture Supply Chain Through Indonesia-US Strategic Partnership",
        "author": "Hilda B Alexander",
        "source": "KOMPAS",
        "tags": "",
        "topic": "Trade",
        "summary": "ASMINDO, Indonesia's furniture and handicrafts industry association, is reinforcing its commitment to sustainable trade partnerships with American hardwood exporters through the American Hardwood Export Council (AHEC), following the signing of a reciprocal tariff agreement between Indonesia and the United States in February 2026.",
        "content": "<p>JAKARTA \u2013 The Indonesian Furniture and Handicrafts Industry\nAssociation (ASMINDO) has reaffirmed its commitment to expanding\nsustainable trade partnerships with American hardwood exporters united\nunder the American Hardwood Export Council (AHEC).<\/p>\n<p>This initiative follows the signing of an Agreement on Reciprocal\nTariff (ART) between the Indonesian Government and the United States on\n18 February 2026. Despite the reciprocal tariff policy being\nsubsequently annulled by the United States Supreme Court, ASMINDO has\nchosen to continue this cooperation.<\/p>\n<p>ASMINDO\u2019s General Chairman, Dedy Rochimat, expressed appreciation for\nthe Indonesian Government\u2019s completion of the ART agreement, viewing the\naccord as a gateway for domestic furniture products to compete more\neffectively in the American market.<\/p>\n<p>Rochimat explained that the partnership with AHEC members aims to\nincrease competitiveness and export volumes without displacing the role\nof domestic wood as the primary raw material. American hardwood is\npositioned as a complementary material to meet design preferences and\ninternational premium market standards.<\/p>\n<p>Rochimat believes access to this material will provide space for\nsmall and medium enterprises (SMEs) and the domestic industry to\nupgrade. With varied materials, local producers can target the\nupper-middle market segment, which has historically maintained strict\nmaterial curation standards.<\/p>\n<p>Industry data indicates that Indonesia\u2019s furniture industry currently\nspends approximately USD 30 million annually on American hardwood. As\nthe ART implementation is expected to boost Indonesian furniture\nexports, demand for hardwood raw materials from the United States is\nprojected to surge to USD 100 million within the coming years. This\nincrease is regarded as a logical consequence of growing export-oriented\nfurniture production that combines domestic wood with imported premium\nhardwood.<\/p>\n<p>The partnership extends beyond simple buyer-seller transactions. Both\nparties are exploring the use of American hardwood across various\nproduct categories, ranging from solid wood furniture and interior\ncomponents to wooden handicrafts destined for export markets in the\nUnited States and Europe.<\/p>\n<p>Cooperation also includes the exchange of technical information\nregarding wood species, quality standards, and business networking\nfacilitation between furniture producers who are members of ASMINDO and\nAmerican exporters. In the initial phase, implementation focuses on\nenhancing material understanding and establishing transparent and legal\nsupply chains. This strategy forms part of ASMINDO\u2019s broader vision to\ntransform Indonesia\u2019s furniture industry.<\/p>\n<p>\u201cIndonesia does not only wish to be a production base, but to become\na high-value-added manufacturing hub grounded in sustainability and\nglobal partnership,\u201d concluded Dedy.<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/asmindo-strengthens-global-furniture-supply-chain-through-indonesia-us-strategic-partnership-1772164843",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}