{
    "success": true,
    "data": {
        "id": 2042172,
        "msgid": "indonesia-explores-cassava-processing-investment-in-mozambique-1792227010",
        "date": "2026-10-17 14:34:31",
        "title": "Indonesia explores cassava-processing investment in Mozambique",
        "author": "",
        "source": "ANTARA_EN",
        "tags": "",
        "topic": "Trade",
        "summary": "Indonesia and Mozambique are exploring cooperation on cassava cultivation technology, productivity improvements and processing facilities, alongside efforts to deepen trade and investment ties. Trade officials also called for greater use of their preferential trade agreement and proposed a meeting to review its implementation and consider expanding cooperation towards a comprehensive economic partnership agreement; bilateral trade totalled US$110.7 million in January\u2013August 2026.",
        "content": "<p>The cooperation covers the use of cultivation technology,\nproductivity improvements, and the development of cassava processing\nfacilities. These initiatives are expected to attract investment and\nstrengthen economic ties between Indonesia and Mozambique.<\/p>\n<p>\u201cIndonesia and Mozambique have great potential to deepen mutually\nbeneficial economic ties by increasing bilateral trade, expanding market\naccess, and creating investment opportunities with added economic\nvalue,\u201d Trade Minister Budi Santoso said in a statement on Saturday.<\/p>\n<p>The minister then highlighted the importance of optimizing the\nIndonesia-Mozambique Preferential Trade Agreement (PTA) to facilitate\ntrade and support the utilization of tariff preferences.<\/p>\n<p>The agreement, signed on August 27, 2019, provides preferential\naccess for 242 tariff lines for Mozambican products and 217 tariff lines\nfor Indonesian products.<\/p>\n<p>On the occasion, Indonesia proposed the holding of a second Joint\nCommittee Meeting on the Indonesia-Mozambique PTA to review its\nimplementation and explore ways to expand cooperation toward a\nComprehensive Economic Partnership Agreement (CEPA).<\/p>\n<p>Both countries further encouraged closer government and business ties\nthrough business matching and participation in trade exhibitions.<\/p>\n<p>Meanwhile, Mozambique\u2019s Minister of State for Trade, Ant\u00f3nio do\nRos\u00e1rio Grispos, conveyed the importance of strengthening trade\nrelations with Indonesia by increasing market access and utilizing the\nIndonesia-Mozambique PTA agreement.<\/p>\n<p>Grispos acknowledged Indonesia as a strategic partner in expanding\nthe market for Mozambique\u2019s leading products in ASEAN. He added that\nboth countries could boost trade by diversifying commodities and\nstrengthening business ties.<\/p>\n<p>From January to August 2026, total trade between the two countries\nwas recorded at US$110.7 million. Indonesian exports to Mozambique\nreached US$88.9 million, while imports from the country were US$21.9\nmillion.<\/p>\n<p>Meanwhile, in 2025, the total trade reached US$162.8 million,\nconsisting of Indonesian exports of US$107.8 million and imports of\nUS$55 million.<\/p>\n<p>Indonesia\u2019s main export commodities to Mozambique include palm oil\nand its fractions, soap, industrial fatty acids and derivatives,\nmargarine, and cement, while Indonesia\u2019s main import commodities from\nMozambique include tobacco, coal, industrial minerals, and natural\ngraphite.<\/p>\n<p>Related news: Indonesia becomes a model of developing country for\nAfricans: Prabowo<\/p>\n<p>Related news: Jokowi: Indonesia, Mozambique agree to boost\npreferential trade pact<\/p>\n<p>Related news: Indonesia seeks to enhance trade, investment with\nMozambique<\/p>\n<p>Translator: Maria Cicilia G P, Resinta Sulistiyandari<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/indonesia-explores-cassava-processing-investment-in-mozambique-1792227010",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}