Trade Ministry, TFO Canada team up to promote food, IT exports

first_imgThe Indonesian Trade Ministry and Canada’s Trade Facilitation Office (TFO), a nonprofit organization, signed on Tuesday a memorandum of understanding (MOU) on cooperation in export promotion amid the subdued global trade caused by COVID-19.Kasan Muhri, the director general of national export development at the ministry, said on Tuesday the partnership was aimed at promoting exports of processed food products and information and technology services.The two parties plan to team up for promotional activities with a special focus on women-led small businesses, capacity building and technical assistance for exporters, while exchanging information on export development and trade-related opportunities. “In this case, the [directorate general] will encourage Indonesian exports, which in recent years have faced many obstacles, including COVID-19, which has made businesses more careful in conducting trade partnership relations,” Kasan said in a virtual press conference on Tuesday.The cooperation follows Indonesia’s attempt to boost trade, which has been depressed by the ongoing global health crisis.Although the country recorded the biggest trade surplus in nine years in July, exports still declined by 9.9 percent year-on-year (yoy) to US$13.73 billion, while imports nosedived 32.55 percent yoy to $10.47 billion, according to Statistics Indonesia (BPS) data.The World Trade Organization (WTO) has forecast global trade will contract by between 13 and 32 percent at worst this year. Indonesia’s envoy to Canada Abdul Kadir Jailani said that the new cooperation laid further groundwork to step up trade between the two countries, either in the form of regional or bilateral free trade agreements.“A bilateral free trade agreement will not only boost bilateral trade. But more than that, it will also help to enhance competitiveness, attract more Canadian investment to the country and pave pathways to wider areas of cooperation and untapped potential,” said Jailani, who also represents Indonesia at the International Civil Aviation Organization (ICAO).Indonesia’s merchandise exports to Canada amounted to $844.65 million in 2019, marking an 8.2 percent decline from a year earlier, according to data from the United Nations International Trade Statistics Database (UN Comtrade).Rubber topped Indonesia’s exports last year reaching $104.20 million, followed by footwear, iron or steel and uncoated paper.Indonesia is Canada’s largest export market in Southeast Asia. Canada’s top export to Indonesia last year was wheat, which amounted to $701 million. It was followed by fertilizers and wood pulp.“So, we have worked in areas such as apparel, coffee, footwear, processed food and services,” said Steven Tipman, the executive director of TFO Canada.“Today’s MOU signing will really serve as the umbrella agreement for the cooperation of both our organizations in the areas of trade promotion and capacity building of Indonesian trade support institutions, as well as [small and medium enterprises].”Topics :last_img read more

Yasiel Puig back with Dodgers, will start tonight vs Padres

first_img Newsroom GuidelinesNews TipsContact UsReport an Error Coincidentally, Puig made his major-league debut against the Padres on June 3, 2013, making a splash with two hits and a game-ending throw from deep right field to double a runner off first base. The Dodgers have made multiple attempts to trade Puig both leading up to the trade deadline and again after placing him on waivers this past week. Though Puig was reportedly claimed by multiple teams, the Dodgers did not work out a trade and pulled him back from waivers.Puig’s demotion to Triple-A was related, at least in part, to the Dodgers’ acquisition of Josh Reddick from the A’s at the trade deadline. But Reddick has been thoroughly unproductive in the lineup, batting .161 (14 for 87) with one extra-base hit (a double) and one RBI in 25 games for the Dodgers.Puig’s return was also prompted by the Dodgers’ ongoing struggles against left-handed pitching — like Richard.Roberts said he and Dodgers president of baseball operations Andrew Friedman met with some veteran players to discuss Puig’s return before this move was made.“Andrew and I brought in some veteran players and ran the idea by them and our thoughts, some positives, some negatives,” Roberts said. “We just wanted to keep the lines of communication open and felt it was fair to be honest with the players.”center_img LOS ANGELES — Yasiel Puig will be back in right field for the Dodgers tonight.Dodgers manager Dave Roberts confirmed this afternoon on MLB Network Radio that Puig will be recalled from Triple-A Oklahoma City and added that Puig will be in the starting lineup tonight against Padres left-hander Clayton Richard.“Yasiel has done everything that we asked of him and performed for that Oklahoma City team,” Roberts said. “As we talked through things, we felt ultimately he makes us better.”Puig was demoted to OKC after the trade deadline and played 19 games there, batting .348 (24 for 75) with four home runs, 12 RBI, 12 runs scored and a .994 OPS.last_img read more