Amid concerns over the Indonesia’s textile industry’s future because of the ongoing US-China trade war, Indonesian Textile Association (API) Chairman Ade Sudrajat recently urged the government to formulate a strategy to overcome the probable negative impact of the trade war on the economy. Ade suggested three steps to ensure that the industry stays healthy. First, the domestic market should be kept on high alert for potential fallout from the trade war by ensuring that regulations do not hamper or create difficulties for industry stakeholders, he said. Second, the industry should expand beyond its traditional markets, to areas such as the Middle East, Africa and Latin America, he said. Third, businesses must use their market access as far as possible in an aggressive manner; a report quoted Ade as saying.
