Export Insurance Must Be Strengthened to Meet Economic Growth Targets

Christiany Eugenia Paruntu, a member of the House of Representatives’ Commission VI, has urged the government to include PT Asuransi Asei Indonesia in the national export industry grand design as part of the strategy to bolster Indonesia’s economic growth towards an 8% target. According to Christiany, PT Asuransi Asei Indonesia plays a strategic role in supporting the national trade ecosystem through protection and guarantee services for investors, banks, exporters, and MSMEs. She noted that the current global economic slowdown is directly pressuring national export performance. The situation is further complicated by rising geopolitical uncertainties and international trade war risks that could disrupt global supply chains. Therefore, Indonesia requires stronger and more integrated export protection instruments to maintain competitiveness in the global economy. Christiany Eugenia Paruntu stated that the plan to establish an export SOE under PT Danantara Strategi Indonesia could serve as a strategic opportunity to strengthen synergy among state-owned enterprises, including PT Asuransi Asei Indonesia, in supporting Indonesia’s natural resource commodity trade. ‘The presence of export guarantee insurance is crucial for securing trade of strategic commodities such as coal, crude palm oil (CPO), ferroalloy, and other natural resource products in global markets,’ she said. She assessed that restructuring the national export insurance grand design would deliver significant added value to the country. Beyond strengthening national trade protection, this synergy could also create new dividend sources for SOEs through more professional and measured trade risk management. Christiany also praised PT Asuransi Asei Indonesia’s participation in international OECD cooperation. She said this move is a key opportunity to enhance the governance standards and credibility of national export insurance institutions, enabling them to compete globally while adapting to increasingly dynamic international trade regulations. She hopes the government will strengthen the integration of trade, financing, and export protection policies through collaboration between agencies and strategic SOEs. Christiany Eugenia Paruntu is optimistic that these steps will bolster Indonesia’s export competitiveness and serve as a crucial foundation for sustaining national economic growth. (E-3)