KADIN INDONESIA

Indonesian Chamber of Commerce and Industry

KADIN INDONESIA

Indonesian Chamber of Commerce and Industry

KADIN INDONESIA

Indonesian Chamber of Commerce and Industry

Meeting Trade Minister, Kadin Chairman Pushes ABAC as Momentum for Trade Expansion

Jakarta - Chairman of the Indonesian Chamber of Commerce and Industry (Kadin Indonesia), Anindya Novyan Bakrie, held a meeting with Minister of Trade of the Republic of Indonesia Budi Santoso at the Ministry of Trade Office in Central Jakarta on Monday (January 12, 2026).

Following the meeting, Anindya commonly known as Anin outlined plans for the Asia-Pacific Economic Cooperation (APEC) Business Advisory Council (ABAC) Meeting I, which is scheduled to take place in Jakarta on February 7-9, 2026. The meeting is considered special as it will involve business representatives from all 21 APEC member economies.

“ABAC is special because it brings together countries that are globally seen as competitors, such as the United States, China, Canada, and Russia, alongside ASEAN and East Asian countries. Each economy is represented by three business leaders at the executive level,” Anin said.

Anin explained that the presence of these business leaders could be leveraged not only for the ABAC forum itself, but also to expand Indonesia’s trade through business matching activities.

“We informed the Minister of Trade that this momentum can be utilized to strengthen Indonesia’s trade cooperation with various countries, including Europe, Canada, and the Eurasian region. This represents a concrete collaboration between the government and the business community,” Anin explained.

In addition to ABAC, Anin also discussed the Minister of Trade’s initiative to establish a Business Council for each Comprehensive Economic Partnership Agreement (CEPA) that Indonesia has signed.

“So far, there has been no Business Council specifically tasked with overseeing the implementation of CEPAs, particularly from the trade perspective. While investment has been a major focus, trade also needs to be further promoted. For example, we already have Business Councils with India and France, and going forward, similar councils could be established with the European Union, Eurasia, and Canada,” Anin said.

Furthermore, Anin highlighted the Ministry of Trade’s online business matching platform, which he described as highly effective in supporting micro, small, and medium enterprises (MSMEs). According to him, the platform has recorded nearly USD 150 million in transactions over the past two years.

“The advantage of this online platform is that it operates 24 hours a day and is not limited to specific events such as trade exhibitions. This greatly helps MSMEs remain continuously connected to global markets,” Anin noted.

Anin also addressed the commodities of coffee, tea, and cocoa, whose trading hubs have traditionally been centered in the United Kingdom. He encouraged Indonesia to begin positioning itself as a global coffee trading hub.

“Indonesia is the world’s third-largest coffee producer after Brazil and Colombia. We produce arabica, robusta, and even kopi luwak. Going forward, an ideal coffee trading center could also be based in Indonesia,” Anin concluded.

Also in attendance at the meeting were Kadin Indonesia Vice Chairman for Multilateral Diplomacy Andi Azhar Cakra Wijaya and Chief of Staff of the Chairman’s Office Harya M. Hidayat.

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KADIN INDONESIA

Indonesian Chamber of Commerce and Industry

KADIN INDONESIA

Indonesian Chamber of Commerce and Industry