The Trade Ministry’s sophomore buying mission scheme has encouraged more foreign importers to ink deals with local exporters, says an official.
According to data from the ministry, the scheme has facilitated trade contracts worth up to US$110.7 million so far this year. The buying mission closed deals worth around $50 million in the previous year.
The ministry’s director of promotion and image development Pradnyawati explained on Friday that the buying mission scheme aimed at facilitating prospective foreign importers to come to the country and close deals with local traders by reimbursing airfares and accommodation costs incurred during the visits.
The scheme is a joint cooperation of the ministry’s overseas representatives, Indonesian trade attaches and Indonesian Trade Promotion Centers ( ITPCs ).
Source: The Jakarta Post