Indonesian Political, Business & Finance News

KJRI Jeddah Facilitates Rp2.5 Billion Herbal Product Export to Saudi Arabia

| Source: ANTARA_ID Translated from Indonesian | Trade
KJRI Jeddah Facilitates Rp2.5 Billion Herbal Product Export to Saudi Arabia
Image: ANTARA_ID

The Consulate General of the Republic of Indonesia (KJRI) and the Indonesian Trade Promotion Centre (ITPC) in Jeddah have facilitated the export of Indonesian herbal health products valued at Rp2.5 billion to Saudi Arabia.

According to the Consul General of Indonesia in Jeddah, Yusron Ambary, the trade agreement is formalised in a Letter of Agreement (LoA) between PT Dami Sariwana, an industry nurtured by the Indonesian Ministry of Trade, and the Saudi company Al Itholah Trading.

“The LoA covers the initial shipment of one container of Indonesian herbal products, consisting of male vitality supplements, blood sugar control support products, and slimming products, with a transaction value of Rp2.5 billion,” said Yusron on Tuesday (16/6).

He stated that the agreement was signed on Monday (15/6) at the Indonesian Embassy in Jeddah via a hybrid format. The parties in Jeddah were connected to their partners in Semarang, Central Java, through teleconferencing.

On this occasion, the Coordinator of Economic Functions at KJRI Jeddah expressed appreciation for the success of Indonesian herbal products entering the Saudi market.

Yusron noted that as part of international trade risk mitigation, KJRI Jeddah and ITPC Jeddah had previously conducted field verifications of Al Itholah Trading. This was done to ensure the validity and readiness of the Saudi importer to engage in cooperation with partners in Indonesia.

The Indonesian Embassy in Jeddah and ITPC Jeddah hope that this export will open wider opportunities for Indonesian herbal products. The export is also expected to diversify the range of Indonesian products available in Saudi Arabia, alongside the various food products, spices, and daily necessities from Indonesia that are already well-known to Saudi consumers.

“The importer has also expressed their commitment to continuing orders if these products receive a positive response from the Saudi Arabian market,” said Yusron.

Before the signing of the cooperation contract, he added that they also invited representatives from Al Itholah Trading to visit the ‘Pojok Indonesia’ at the Integrated Service Building of KJRI Jeddah as an effort to introduce Indonesia’s flagship products and the potential for trade cooperation that can be established.

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