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INDONESIA TO TARGET US$9BLN NON-OIL/GAS EXPORT INCOME.
JAKARTA, Feb 1 Asia Pulse - Indonesia will target a 100 per cent increase in its exports of non-oil/non-gas commodities to US$9 billion in 2010, following the signing of details of the Japan-Indonesia Economic Partnership Agreement (JIEPA) in March or April this year, an industrial official said.
"In 2010, non-oil/non-gas exports should record a two-fold increase from the figure in 2005, which only stood at US$4.5 billion," Achdiat Atmawinata, a senior adviser on industrial infrastucture enhancement to the Industry Minister, told ANTARA here on Wednesday.
Such an increase in non-oil/non-gas exports would be of great significance to Indonesia, especially in improving the performance of domestic industries in penetrating the non-tariff barrier-packed Japanese market.
So far, Achdiat added, Indonesian exports to Japan were dominated by oil and gas products such as LNG. Of the total of US$20.7 billion Indonesia was earning from exports, only US$4.5 billion came ...
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