The Ministry of Trade is actively promoting export growth in Bolaang Mongondow Regency, emphasizing not only quantity but also value addition. Collaborating with local authorities, the ministry aims to enhance product processing and management to significantly increase value. Deputy Minister Jerry Sambuaga highlighted the region's natural resources and human capital as a foundation for boosting export competitiveness, encompassing strategies like improving production quality, innovation, and market access. Government support includes product certification and standardization to meet global standards. Businesses in Bolaang Mongondow are encouraged to seize opportunities to enhance global competitiveness, with increased exports expected to spur local economic growth and improve community welfare. Indonesia has maintained a trade surplus for 44 consecutive months, with December 2023 recording a surplus of USD 3.31 billion, indicating export value surpassing imports.
Under the Ministry of Trade, the Directorate General of Foreign Trade (Ditjen Daglu) plays a crucial role in export promotion, import control, export-import facilitation, and trade security, implementing various policy strategies in foreign trade. Policy formulation prioritizes trade dynamics, harmonizing trading standards and procedures with partner countries, institutional strengthening, and stakeholder engagement. Foreign trade policy also focuses on developing trade-supporting infrastructure and facilities while safeguarding national interests from adverse effects of foreign trade. This comprehensive approach aims to create a conducive environment for trade while protecting national interests. Socialization events such as the Smart Consumer in the Digital Era aim to educate consumers on safe and smart online shopping practices. The Ministry provides multiple consumer complaint channels to address concerns promptly, enhancing transparency and consumer protection. Regular socialization and literacy initiatives on ministry programs foster public awareness and strengthen central-local government synergy, ensuring effective implementation of trade policies.
