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Api: acfta profitable indonesia textile business

Api: acfta profitable indonesia textile business Source:
Date: 02-07-2012
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China Asean Free Trade Agreement (ACFTA) is very favorable for the textile business in Indonesia to develop export markets in China. ACFTA potentially profitable in the domestic textile producers and Indonesia could have a greater chance of entry into China which has the largest population. "China is very large market potential especially at this time China has developed from developing countries to industrialized countries with the largest reserves in the world's number two," said Chairman of the Indonesian Textile Association (API) Ade Sudrajat Usman.
Ade said, the number of products in the country who suffered "injury" after the implementation of the ACFTA is more caused by Indonesia's own fault. ASEAN member countries such as Malaysia, Vietnam, Thailand was ready so they can take advantage.
"But Indonesia slow, do not have a good strategy and focus to deal with it. A number of products that have" injury "include textiles, footwear, electronics, furniture, wood and rattan furniture, toys, machinery, steel, food and beverage , and cosmetics, "he explained.
Indonesia is not the focus measures, among others, appears from the procurement of production exhibits a still more to America and Europe. "It should just focus on exhibitions and promotions to China. Exhibition in America and Europe is pretty good and could be reduced," he said.
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