Banten- Indonesia plans to enter new markets following the current global trade war, said Indonesian President Joko Widodo on Wednesday while inaugurating Indonesia’s 33rd Trade Expo Indonesia 2018 in Banten city near Jakarta. The trade war offered us new opportunities to access new markets,” mentioned the president, noting that his country suffered from a trade imbalance and current account deficit during 2017, which is why the government worked very hard to tackle its economic problems. The president mentioned that his country’s trade account balance enjoyed a modest surplus in September, which is a very good sign on improving the trade situation despite the surplus’ quantity. The president also said that Indonesia will continue its exerted efforts to boost trade, with a special focus on South Asian countries, Africa, Russia and Pakistan. “We are now in an industrial revolution, everything has rapidly changed, so we have to quickly transform ourselves,” concluded the president.

Source: Daily News Egypt October 25, 2018 12:22 UTC