Fisheries business actors should capitalize on US-China trade war

Fisheries business actors should capitalize on US-China trade war

Fish traders lift the tuna onto the pickup truck at the Nusantara Fisheries Port. (ANTARA/Awaludin)

The supply should be replaced by Indonesian fish," Pudjiastuti noted.
Jakarta (ANTARA) - Business actors in the fisheries sector from various Indonesian regions should promptly capitalize on the momentum of the trade war by supplying fishery commodities to the United States (US) that had been supplied from China.

Maritime Affairs and Fisheries Minister Susi Pudjiastuti, in a statement, Monday, admitted to encouraging Indonesian businessmen to derive maximum benefits from this trade war by boosting exports of fishery products to the US.

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Owing to the trade war, the US imposes a 250 percent import tariff on Chinese products, resulting in 14 thousand metric tons of tuna loin from China disappearing from the US market.

"The supply should be replaced by Indonesian fish," Pudjiastuti noted.

Chairman of the Expert Team of the Vice President and Chairman of the Indonesian Employers' Association (Apindo) Sofjan Wanandi had earlier stated that the Indonesian government planned to replace China in the trade sector by approaching US businesspersons.

To this end, Wanandi and Maritime Affairs Coordinating Minister Luhut Binsar Pandjaitan had brought together bankers and representatives of the US Chamber to discuss trade opportunities, particularly linked to goods between Indonesia and the US.

"We are replacing the role of China in part. That is huge. We want to replace its role, so (the US) buys from our companies," Wanandi stated at the Maritime Affairs Ministry Office, Jakarta, Friday (Sept 13).

The tycoon then remarked that bilateral cooperation will be conducted by carefully taking into account the needs and interests of every nation.

"Cooperation with the US must be bilateral. We are still discussing their and our needs," Wanandi added.
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