Sunday, April 20, 2014

Anniversary of UNCTAD , the Ministry of Trade Discuss Important Issues for Global Development

Ministry of Commerce ( Ministry of Trade ) to follow up the issues of global development after 2015 . Kemendag himself working with the Foreign Kementeruan by organizing a symposium with the theme of Trade as an Engine of Sustainable Growht and Development . Meanwhile , the activities to celebrate the anniversary of the United Nations Conference on Trade and Development ( UNCTAD ) 50th .

Deputy Trade Minister ( Deputy Minister of Trade ) Krisnamurthi said , this symposium addresses an important role in stimulating the growth of international trade , development , and job creation .

" The independence of causes global trade flows become more active , competitive , and intensify linkages supply chain and production in one country to another , " said Bayu at Hotel Borobudur , Jakarta , Monday ( 21/04/2014 ) .
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Bayu continue , this symposium also aims as a function revitalization of UNCTAD in providing assistance and support to developing countries to be able to derive maximum benefit from the international trade fair and sustainable .

" The increase in the intensity of global value chains ( GVCs ) should be encouraged to provide more benefits strengthen the national economy , " he added .

According to Bayu , UNCTAD 's success in helping to organize an international trading system that is more equitable and sustainable , will open the hope for developing countries to improve trade activities spur growth , development , and job creators .

Therefore , continued Bayu , developing countries can improve their bargaining position Adar can be benefited in international trade . In addition , the use of GVCs in the symposium also mengiring participation of SMEs in international trade . Therefore , SMEs in Indonesia alone account for 90 percent of business groups which contributed 57 percent to the gross domestic product ( GDP ) in 2013.

" We need to encourage SMEs readiness berkembangan state to enter the markets of developed countries as well as utilize the shifting patterns of production , investment and trade to their own markets in developing countries , " he concluded .


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