Indonesian exports of textiles and textile products could increase threefold if the government manages to sign a free trade deal with the EU.
Achmad Sigit Dwiwahjono, Director General for Chemicals, Textiles and Miscellaneous Industry at the Ministry of Industry, said a major obstacle for Indonesian textile exports is the weak competitiveness of producers compared with their Vietnamese counterparts.
Dwiwahjono said the Ministry continues to encourage the signing of a free trade agreement with the EU. Talks and negotiations between Indonesia and the EU have been ongoing for two years, but a deal has not yet been reached.
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