20 January 2022 (closed)
Jakarta Composite Index (6,626.87) +34.86 +0.53%
USD/IDR (14,146) -6.00 -0.04%
EUR/IDR (17,335) +57.05 +0.33%
The European Union (EU) and Indonesia’s Trade Ministry have cooperated to develop an online portal (www.inatrims.kemendag.go.id/en) in an effort to assist Indonesian businesses that want to export their products to the European Union. This portal website is intended to guide exporting companies by providing various information on relevant market requirements and regulations. The portal - called Indonesia Technical Regulations Information Management System (INATRIMS) - was launched on Thursday (28/08).
The INATRIMS portal website is part of the second EU-Indonesia Trade Support Program funded by the EU (USD $19.8 million) with the aim to boost the capacity of Indonesian exporters. Other topics within this program involve the improvement in the supply chain of major local commodities, for example cocoa and nutmeg.
According to Aditya Nugroho, the team leader of the project, this portal website will assist Indonesian companies to better understand those regulations that affect exports to the EU in an attempt to enhance trade between both regions, specifically Indonesian exports to the EU. Nugroho said that the inability for local businesses to meet high standards and technical regulation-issues have been the main problem for Indonesian exporters to the EU.