Prabowo receives a call from PM Albanese to discuss the export of Indonesian urea to Australia
JAKARTA - President Prabowo Subianto received a phone call from Australian Prime Minister Anthony Albanese, to discuss the approval of the export of Indonesian urea fertilizer to Australia of 250,000 tons in the initial phase as part of strengthening trade cooperation.
"In this communication, Prime Minister Albanese expressed his appreciation for the President's approval of the export of Indonesian urea fertilizer to Australia of 250,000 tons in the first phase," said Cabinet Secretary Teddy Indra Wijaya as reported by ANTARA, Tuesday, April 21.
Apart from Australia, the Indonesian government is also planning to export urea fertilizer to a number of other countries such as India, the Philippines, Thailand and Brazil.
The total commitment for urea fertilizer exports reached approximately one million tons, which is part of efforts to expand the global market for national fertilizer products.
Based on data from the Minister of Agriculture, the total national urea production was recorded at 7.8 million tons, while domestic demand was around 6.3 million tons.
With the production gap, the government assessed that exports could still be carried out without disrupting the availability of fertilizer in the country.
"This step is expected to maintain the resilience of domestic supply while strengthening Indonesia's contribution to the global market," said Teddy.
In addition, this policy is also part of the government's strategy in increasing the added value of the fertilizer industry sector and expanding economic cooperation with various partner countries.