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Article: Indonesia's non-oil and gas trade in the Pacific Rim area
- Article from:
- Indonesian Commercial Newsletter
- Article date:
- November 7, 1994
CopyrightCOPYRIGHT 1994 P.T. Data Consult, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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For Indonesia the aim of increasing the rate of economic growth within APEC could be achieved through the stimulation and the acceleration of non-oil and gas exports as has been the policy up to the present time. Thus it is easy for Indonesia to measure the benefit of APEC for herself by seeing whether her exports to APEC countries increase more rapidly and whether the balance of trade and the current accounts with these countries register an ever -greater surplus or a shrinking deficit?
In Table - 5 one sees that Indonesia's non-oil trade with East Asia in the Pacific area has always registered a negative balance. It is only in trade with Hongkong that Indonesia ...
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