Russian market targeted by the Minister of Marine Affairs and Fisheries Trenggono for Indonesian fisheries exports

Published Sep 19, 2024

Tridge summary

Minister Sakti Wahyu Trenggono of Indonesia's Ministry of Maritime Affairs and Fisheries is focusing on increasing exports to Russia, particularly seaweed and shrimp, to boost the country's economic growth in the fisheries sector. The trade relationship between Indonesia and Russia has been on a positive trajectory over the last five years, with seaweed being a key commodity. The Ministry is taking steps to register Indonesian companies for exporting to Russia and implementing fisheries cooperation with Russian authorities. There is potential for increasing seaweed exports to Russia, given Indonesia's abundant raw materials for carrageenan. The Blue Economy program and investment opportunities for Russian business actors in downstream fisheries were also discussed in a meeting between Trenggono and Russian Deputy Prime Minister Patrushev Dmitry Nikolayevich.

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Original content

TABLOIDSINARTANI.COM -- Minister of Maritime Affairs and Fisheries Sakti Wahyu Trenggono has made Russia the main target to increase Indonesian fisheries exports, focusing on seaweed commodities and expanding global business opportunities. Minister Trenggono is targeting the Russian market to expand Indonesian fisheries exports, focusing on seaweed and shrimp, in a strategic step to drive economic growth in this sector. Minister of Maritime Affairs and Fisheries Sakti Wahyu Trenggono is focusing on the Russian market to increase the export value of Indonesian fisheries products. Over the past five years, trade in fisheries products between Indonesia and Russia, especially seaweed, has shown a positive trend. Minister Trenggono stated that steps to strengthen fisheries trade to Russia include registering Indonesian companies to export to Russia and implementing fisheries cooperation with Russian authorities. The Ministry of Marine Affairs and Fisheries is also active in the Global ...

Source: Tabloidsinartani