Deputy Minister of Trade Jerry Sambuaga believes that the Indonesia-Netherlands partnership can increase the potential of East Kalimantan in Indonesia's global value chain. The Indonesian government considers that the Netherlands has a strategic value as one of the entry points for Indonesian products to the European market, especially for superior products from East Kalimantan such as crude palm oil (CPO) and its derivatives as well as wood products. This was stated by the Vice Minister of Trade Jerry when giving a speech in a dialogue with the theme "Strengthening the Global Value Chains of East Kalimantan Industry in the Economic Partnership between Indonesia and the Netherlands". The dialogue was held as part of the agenda for the working visit of the Parliamentary Cooperation Agency of the Regional Representatives Council of the Republic of Indonesia (BKSP DPD RI) at the Novotel Hotel Balikpapan, East Kalimantan, last Thursday (22/9/2022).
Deputy Minister of Trade Jerry revealed that East Kalimantan occupies the 8th largest position as an Indonesian non-oil and gas exporter to the Netherlands. The value of East Kalimantan's non-oil and gas exports to the Netherlands in January-July 2022 reached USD 135.8 million, up 68.5%(YoY). The Vice Minister of Trade Jerry also gave his appreciation to the BKSP DPD RI for holding the dialogue. The Ministry of Trade hopes that this forum can encourage East Kalimantan's efforts to become an important part of Indonesia's global value chain. Jerry added that one of the agendas proposed by Indonesia at the G20 2022 presidency is global value chains. The agenda discussed efforts to encourage economic growth through participation in increasing the competitiveness of micro, small and medium enterprises (MSMEs) and the industrial sector in Indonesia in the global value chain network. In addition, it discusses the importance of developing a sustainable global value chain.
