He noted that the US is still the largest market for fishery products. However, Indonesia must open new opportunities in other countries.
"The potential of the European and Chinese markets is also promising. We should take advantage of this potential for our economic interests," he stated on Tuesday.
Trenggono noted that the 32 percent reciprocal tariff policy imposed by the US on Indonesia would indirectly impact the fisheries sector.
"The fisheries sector has an economic potential of around US$200 billion, but Indonesia's exports only average US$5.5 billion, with the US as the major export destination. Given the current US trade situation, which operates under a reciprocal policy system, this will also impact us," he explained.
On the other hand, he emphasized that to realize the potential of the maritime economy, marine spatial planning must be carried out in an efficient, equitable, and sustainable manner.
He stressed that effective marine spatial planning is important for realizing sustainable, inclusive, and adaptive development that aligns with environmental dynamics and the socio-economic needs of the community.
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Without integrated planning between land and sea space, the potential for spatial use conflicts, overlapping policies, and investment inefficiencies will continue to arise, he warned.
Earlier, Coordinating Minister for Economic Affairs Airlangga Hartarto confirmed that the 32 percent reciprocal tariff policy announced by US President Donald Trump on Indonesian products has been postponed.
President Trump previously announced the decision to maintain a 32 percent import tariff on Indonesian products starting August 1, 2025.
"The postponement is intended to complete existing negotiations," Hartarto noted on July 12.
The postponement decision was the result of a meeting between Hartarto and the US Secretary of Commerce, Howard Lutnick, and the Head of the Office of the US Trade Representative (USTR), Jamieson Greer, in Washington, D.C., on July 9.
According to Hartarto, both parties agreed that Indonesia's proposal would continue to be processed in further negotiations over the next three weeks.
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Translator: Maria Cicilia G P, Resinta Sulistiyandari
Editor: M Razi Rahman
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