Indonesia is making significant strides in its trade sector, as highlighted by the country’s Deputy Minister of Trade, Dyah Roro Esti Widya Putri. In a recent development, she emphasized the need for the inclusive and simultaneous implementation of the ASEAN Trade in Goods Agreement (ATIGA) upgrade, a move that underlines Indonesia’s commitment to inclusive access. This development was reported by ANTARA News and can be found here.

This strategic move comes at a time when the Indonesian economy is witnessing a surge in foreign investments. Notably, LG Electronics, a leading South Korean multinational electronics company, is expanding its operations in Indonesia. The company has recently advertised new job openings, as reported by Talkwalker Alert. More information about this can be found here.

The ATIGA upgrade and LG’s expansion plans are interconnected. By upgrading ATIGA, Indonesia is seeking to streamline and enhance the trade process within the ASEAN region. This move is likely to boost the confidence of foreign investors and multinational corporations like LG Electronics, encouraging them to invest and expand their operations in the country.

Overall, these developments indicate that Indonesia is making concerted efforts to create a favorable economic and trade environment. The country’s focus on inclusive access through the ATIGA upgrade coupled with the growing interest of foreign companies, as indicated by LG’s expansion, suggests a positive outlook for Indonesia’s economy.