Indonesia is seeking to deepen trade and investment cooperation with sub-Saharan African countries as it works to diversify export destinations and strengthen economic resilience amid global uncertainties.
Deputy Trade Minister Dyah Roro Esti Widya Putri stated this on Friday at a trade forum in Jakarta attended by diplomats from several African countries, including South Africa, Nigeria, Kenya and Ethiopia.
She described Africa as a strategic long-term partner and an emerging growth market with significant potential for economic cooperation.
According to her, stronger economic engagement with African countries would help promote shared prosperity and improve resilience against external economic shocks.
Data from the country’s trade ministry shows that Indonesia’s trade with Africa is valued at about $18.5 billion, accounting for approximately 3.5 per cent of its total trade volume.
The government is targeting increased exports of commodities such as palm oil, processed foods and paper products, while pursuing broader bilateral partnerships and investment opportunities across the region.
Indonesia has in recent years intensified efforts to expand its economic footprint in Africa as part of its wider trade diversification strategy.
(Xinhua/NAN)
