Indonesian Minister of Trade Advocates for Inclusive Economic Integration at 37th APEC Ministerial Meeting
Indonesian Minister of Trade Budi Santoso emphasized the necessity for economic integration and technological advancements within the Asia-Pacific region to benefit developing economies and Micro, Small, and Medium Enterprises (MSMEs). Speaking at the 37th APEC Ministerial Meeting (AMM), Minister Santoso highlighted that stronger regional cooperation facilitates trade, investment, connectivity, and supply chain resilience. He stressed that digital transformation, innovation, and green industries offer significant opportunities for productivity growth and new market creation. Indonesia is actively promoting inclusive economic integration to ensure all economies realize these benefits, particularly by strengthening MSME participation in regional and global value chains. The meeting, co-chaired by Chinese Minister of Commerce Wang Wentao and Chinese Foreign Minister Wang Yi, focused on economic cooperation, global trade rules, safe AI use, logistics efficiency, energy transition, and anti-corruption efforts. ...