Key insights and market outlook
The Indonesian Ministry of Trade and the Ministry of Cooperatives and SMEs are collaborating to enhance the export capabilities of MSMEs through coordinated policy measures and programs like UMKM BISA Ekspor. This initiative aims to strengthen MSME competitiveness in global markets by improving market access and policy alignment. The collaboration reflects the government's commitment to supporting MSMEs in expanding their international presence.
The Indonesian Ministry of Trade and the Ministry of Cooperatives and SMEs are working together to boost the export potential of Micro, Small, and Medium Enterprises (MSMEs) through coordinated policy measures. This collaboration was highlighted during a meeting between Trade Minister Budi Santoso and SME Minister Maman Abdurrahman at the Ministry of Trade office in Jakarta.
One of the key initiatives discussed was the UMKM BISA Ekspor program, an innovative approach by the Ministry of Trade to encourage MSMEs to enter international markets. This program is part of a broader strategy to enhance MSME competitiveness by improving their access to global markets and providing necessary support for export activities.
The ministers emphasized the importance of aligning policies between the two ministries to create a supportive ecosystem for MSMEs. By synchronizing their programs and policies, the government aims to address existing challenges faced by MSMEs in expanding their export capabilities. This collaborative approach is expected to have a positive impact on the overall growth of Indonesia's MSME sector.
The collaboration between the Ministry of Trade and the Ministry of Cooperatives and SMEs demonstrates the government's commitment to supporting MSMEs in their journey towards internationalization. By providing targeted initiatives and improving policy coordination, the government is creating a more conducive environment for MSMEs to thrive in the global marketplace.
MSME Export Initiative Launch
Inter-Ministerial Policy Coordination