Thursday, 24 January 2019 | 00:25 WIB

Thailand Trade Expo, Trade Ministry Records Transactions of IDR15.93 Billion

Handicraft products which become favorite among Thai people

JAKARTA, NNC - Indonesian products successfully recorded transactions of USD1.10 million or IDR15.93 billion in the subregional promotion event "The 4th Brunei Darussalam-Indonesia-Malaysia-Philippines East ASEAN Growth Area and Indonesia-Malaysia-Thailand Growth Triangle (BIMP-EAGA & IMT-GT) 2018 Trade Expo."

Ministry of Trade Director General of National Export Development Arlinda said the exhibition took place on July 19-22, 2018 at Prince Songkla University, Hat Yai, Songkla, Thailand. The exhibition was also attended by 34 Indonesian business delegates consisting of business actors, Ministries/Institutions, and Regional Governments.

"It was recorded that USD1.10 million was successfully reaped in Indonesia's participation in the exhibition. Products gaining interests include wooden doors, wooden shoes, coffee, virgin coconut oil, traditional medicine [aromatherapy oil], and various types of bags [leather bags , batik bags, and typical Dayak beaded bags]," said Arlinda, in a press release on Sunday (08/12/2018).

Hat Yai is the third largest metropolitan city in Thailand and is one of the potential business cities in the southern region of Thailand because it is directly adjacent to Malaysia. This is an opportunity for Indonesian businesses to establish cooperation with local businesses, especially for handicraft products as souvenirs.

"This promotion is one of the Ministry of Trade's efforts to encourage the export of Indonesian products to Thailand and improve the trade balance with Thailand," Arlinda said.

The Ministry of Trade cooperates with the Indonesian Embassy to Thailand and the Indonesian Trade Attaché of Bangkok to build an Indonesian pavilion by presenting 40 booths.

The products being displayed were food and beverages, seasonings, virgin coconut oil, cosmetics, traditional medicine, fashion, shoes, bags, jewelry, crafts, and furniture.

The exhibition was opened by Thailand's Deputy Trade Minister Sakon Varunnuwattana on July 20, 2018. As many as 230 booths from member countries displayed products including processed food of agricultural products; clothing and accessories; cosmetics; jewelry; and F&B.

"This activity can increase cooperation between its member countries, especially to increase investment, strengthen the economy and food security, and promote tourism and industry," said Arlinda.

At the time of the exhibition, a memorandum of understanding (MoU) was also signed between PT Kalinda Berkah Indonesia and C&P World Tours Songkhla Thailand valued at USD135 thousand for fried onions and instant coffee.