As Witnessed By The Minister Of Trade, The Mustik Mustik Ratu Jalin Produsen For The Trade Agreement Is Worth 400 Thousand US Dollars With Five Countries

Photo: Doc. Antara/Ministry of Trade

TANGERANG - Trade Minister Zulkifli Hasan witnessed the signing of a memorandum of understanding (MoU) for cosmetic products worth US$44,000 or around Rp. 6.2 billion. The agreement was contained in the 37th Trade Expo Indonesia (TEI).

The signing was carried out between PT Mustika Ratu Tbk and its trading partners from the United States, Japan, Saudi Arabia, Australia, and the United Arab Emirates.

"I appreciate Mustika Ratu and her partners who have participated in the 37th TEI and produced achievements through the signing of the cooperation. This achievement is encouraging because it shows a global market interest in Indonesian cosmetic products," said the Minister of Trade, quoted by Antara, Sunday, October 23.

The signing was symbolically carried out by President Director Mustika Ratu Bingar Situmorang and Australian buyers.

Also witnessed were the Deputy Chairperson of the Indonesian Chamber of Commerce and Industry (Kadin) for trading Juan Permata Adoe, Director of Mustika Ratu Tbk Kusuma Ida Anjani, Putri Indonesia Environment 2022 Cindy May

In 2021, Indonesia will export cosmetic products to the world with a value of more than US$ 139 million. Entering 2022 until August, this value shows an increase of 12.69 percent compared to the previous year.

This value is expected to continue to be improved through various policies of the Indonesian Government which encourage Indonesian business actors to become part of the global supply chain. This hope is also supported by economic recovery in various post-pandemic export destination countries," concluded Trade Minister Zulkifli Hasan.