TEI drew trade missions from 44 countries

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Indonesia received trade missions from a total of 44 countries during the 26th Trade Expo Indonesia (TEI) on October 19 through 23 in Jakarta, a government official said.

"The delegates didn`t only come to attend the TEI, but also to explore possibilities to build business networks and invest in Indonesia," Deputy Trade Minister Bayu Krisnamurthi said here on Tuesday.

He said the trade missions from the 44 countries comprised
1,254 delegates with India represented by the largest delegation or 98 businessmen.

"I am very glad because there were also trade missions from potential markets such as Nigeria, Namibia, Afghanistan, and Hungary," he said.

About 86.55 percent of the 8,311 buyers who attended TEI came from emerging markets or non-traditional buyers such as India, Malaysia, Saudi Arabia, Egypt, Bangladesh, and Iran.

Buyers also came from Indonesia`s traditional markets such as Japan, US, and South Korea although they accounted for only about 13.45 percent of the total number.

"The high number of buyers who came from non-traditional markets showed the success of our market diversification policy," he added.

One of the potential products Indonesia showed at TEI 2001, according to Bayu, was handicrafted bags with batik designs.

Some of the foreign buyers, including those from Iran, even showed such big interest in Indonesia`s handicraft products that they agreed to import then on a trial basis.

Bayu said not only big companies but also home industries that had export potential clinched deals during TEI.

"The next or 27th TEI will also be held in Jakarta on October 10 through 14, 2012," Bayu said.

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