Better experience in portrait mode.
3 Steps of the Ministry of Trade and Industry Supports SMEs to Compete with Imported Goods

3 Steps of the Ministry of Trade and Industry Supports SMEs to Compete with Imported Goods

Dream - The abundance of affordable imported goods has become a threat to the local trading industry in recent years. Moreover, imported goods easily enter Indonesia through e-commerce. This certainly needs to be anticipated through policies to protect the domestic industry, especially micro, small, and medium enterprises (MSMEs). Minister of Trade Zulkifli Hasan revealed 3 efforts that have been made to empower MSMEs so that they can compete with imported goods. Here are some of them.

<b>1. Diplomasi Perdagangan</b>

1. Trade Diplomacy

The first thing Zulhas tried to do was overcome trade barriers with various countries in Europe and America.

"Many trade barriers. In the past, it was free trade, but not anymore. If it's not a friend, it's not possible. That's why diplomacy is necessary, we also engage in business-to-business and government-to-government (G2G) to facilitate (promotion of SMEs)."
He said during the launch of JMFW 2025 on Wednesday, July 17, 2024 at the Auditorium of the Ministry of Trade, Central Jakarta.

"@ 2024 Dream.co.id"

               

2. Trade Promotion

The Ministry also conducts trade promotion to India, the Middle East, and even Latin America to enhance export activities. One of the promotional efforts is also carried out by offering participation in events such as New York Fashion Week (NYFW) to support the local fashion industry.

3 Steps of the Ministry of Trade and Industry to Support SMEs to Compete with Imported Goods

3. Protecting Domestic Industries

In response to the abundance of affordable imported goods, Zulhas protects the domestic trade industry by seeking support from the National Police Chief and the Attorney General to form a task force to protect small and medium enterprises (UMKM) from illegal trade. In the future, imported products will be subject to Anti-Dumping Import Duty, Security Level Import Duty, and others. Previously, import trade has also been regulated in Trade Minister Regulation No. 36 of 2023.

3 Steps of the Ministry of Trade and Industry to Support SMEs to Compete with Imported Goods

In addition to those three efforts, Zulhas also expressed that the aforementioned three aspects must be supported by collaboration from various parties such as business actors, educators, and media in order for the government program to empower local SMEs to be realized.

New IKN Development Progress 15%, Jokowi's Staff: 4 Times the Size of Jakarta

New IKN Development Progress 15%, Jokowi's Staff: 4 Times the Size of Jakarta

Explanation from the President's Staff regarding the IKN development progress reaching 15 percent during the 79th Indonesian Independence Day ceremony on August 17, 2024.

Read More icon-hand
35 Funny Quotes about Being Broke to Avoid Stress in the Midst of Financial Difficulties

35 Funny Quotes about Being Broke to Avoid Stress in the Midst of Financial Difficulties

Let's try to change that perspective with a collection of funny quotes that can make you laugh and feel lighter even though your wallet is thin.

Read More icon-hand
Portrait of MG Cyberster Electric Sports Car at GIIAS 2024, It Can Reach a Speed of 100 KM/Hour in 3.2 Seconds

Portrait of MG Cyberster Electric Sports Car at GIIAS 2024, It Can Reach a Speed of 100 KM/Hour in 3.2 Seconds

MG Cyberster can achieve a speed of 0-100 km/hour in just 3.2 seconds.

Read More icon-hand
Gold Price Today July 17, 2024 Soars Sharply, Almost 1.5 Million/Gram, Breaks All-Time Record!

Gold Price Today July 17, 2024 Soars Sharply, Almost 1.5 Million/Gram, Breaks All-Time Record!

The price of gold per day produced by Logam Mulia Antam 24 Karat breaks the all-time record.

Read More icon-hand
Viral Man Claims to Be Able to Fly for Free with Garuda Indonesia for Life, This is What CEO Irfan Says

Viral Man Claims to Be Able to Fly for Free with Garuda Indonesia for Life, This is What CEO Irfan Says

This is because he was born on a Garuda Indonesia plane during a flight.

Read More icon-hand
Survey: Indonesia Becomes the Country with the Most Layoffs in ASEAN in 2023

Survey: Indonesia Becomes the Country with the Most Layoffs in ASEAN in 2023

The survey involves 3,750 recruitment professionals from various companies and industries.

Read More icon-hand
6 Prayers for Complete Job Interview Benefits and Additional Tips to Increase the Chance of Success

6 Prayers for Complete Job Interview Benefits and Additional Tips to Increase the Chance of Success

Praying before a job interview can provide inner peace, self-confidence, and seek blessings from God.

Read More icon-hand
TikTok Expands Business into Travel Services, Can Order Food to Airline Tickets

TikTok Expands Business into Travel Services, Can Order Food to Airline Tickets

ByteDance plans to expand TikTok into the travel sector.

Read More icon-hand
Hooray, Shopping in South Korea Can Use QRIS

Hooray, Shopping in South Korea Can Use QRIS

Now BI collaborates with the Bank of Korea (BoK) which has signed a Memorandum of Understanding (MoU)

Read More icon-hand
50 Funny Night Work Quotes that Inspire, Become a Source of Motivation and Refuse to Complain

50 Funny Night Work Quotes that Inspire, Become a Source of Motivation and Refuse to Complain

These words can also entertain you in the midst of the fatigue of working.

Read More icon-hand
Discussion on Subsidized Fuel Restriction Begins on Indonesian Independence Day, Apparently Not Yet Discussed, Jokowi: No, no, no

Discussion on Subsidized Fuel Restriction Begins on Indonesian Independence Day, Apparently Not Yet Discussed, Jokowi: No, no, no

President Jokowi speaks out about the discussion on the restriction of subsidized fuel purchase.

Read More icon-hand
Protect Local Products, Imported Carpets and Fabrics Will be Subject to Import Duties

Protect Local Products, Imported Carpets and Fabrics Will be Subject to Import Duties

The products are fabrics (HS 107) and carpets or other textile coverings (HS 64).

Read More icon-hand
Minister of Public Works and Public Housing Reveals Land Prices in IKN, Here are the details

Minister of Public Works and Public Housing Reveals Land Prices in IKN, Here are the details

The Head of IKN Authority can determine land prices in IKN

Read More icon-hand
45 Funny Quotes about Work that Entertain During Boredom from Piles of Deadlines and Meetings

45 Funny Quotes about Work that Entertain During Boredom from Piles of Deadlines and Meetings

In the midst of piles of deadlines and meetings that seem never-ending, suddenly you find a collection of funny quotes about work.

Read More icon-hand
13th Birthday, Blibli Candidly Reveals Business Competition in E-Commerce in Indonesia

13th Birthday, Blibli Candidly Reveals Business Competition in E-Commerce in Indonesia

Blibli sees competition among e-commerce as a different segment

Read More icon-hand
Surrounded by the Elderly, Japan Faces a Shortage of Half a Million Nurses by 2040

Surrounded by the Elderly, Japan Faces a Shortage of Half a Million Nurses by 2040

The Ministry of Welfare in Japan predicts that the elderly population in Japan will reach its peak in 2040.

Read More icon-hand
Viral Noisy Group of Mothers on the Train, This is KAI's Appeal If Other Passengers Are Disturbed

Viral Noisy Group of Mothers on the Train, This is KAI's Appeal If Other Passengers Are Disturbed

In the circulating video, the group consists of mothers singing kasidah on the train.

Read More icon-hand
List of Indonesia's Largest Exporting Provinces Throughout 2024

List of Indonesia's Largest Exporting Provinces Throughout 2024

These are Indonesia's largest exports in January-June 2024, according to the province of origin.

Read More icon-hand