JAKARTADAILY.ID – The Indonesian Ministry of Trade is determined to make Indonesia the Mecca of the world's Muslim fashion by 2024. Indonesia's current position is still in the 13th position of the world's Muslim clothing exporters, with a share of around 1.86 percent.
Minister of Trade Zulkifli Hasan said that in an effort to boost global market exports, the Ministry of Trade will hold a plenary meeting with members of the House of Representatives in order to ratify an international trade cooperation agreement.
The agreements that will be ratified are the Bill on the Regional Comprehensive Economic Partnership Agreement (RCEP) and the Bill on the Indonesia-Korea Comprehensive Economic Partnership Agreement (IK-CEPA).
“Through trade agreements, the government opens a 'toll road' for Indonesian products to penetrate the global market without any obstacles,” said Trade Minister Zulkifli Hasan in Jakarta, Tuesday, August 23, 2022.
Zulhas hopes that business actors, including those in the Muslim fashion sector, can make the best use of and optimize the results of trade agreements.
Based on data from the Central Statistics Agency (BPS), the export value of Indonesian Muslim fashion in the first semester of 2022 was recorded at $2.85 billion, up 39.86 percent compared to the same period last year of USD 2.04 billion.
Meanwhile, in 2021, Indonesia's Muslim fashion exports were recorded at $4.68 billion, up 12.49 percent compared to the previous year of $4.16 billion.