PTA - preferential trade agreement - between Indonesia and Bangladesh worries Indonesian footwear manufacturers
The government says the Indonesia-Bangladesh Preferential Trade Agreement (PTA) will have no negative impact on the country's footwear industry. According to the director of the textile, leather and footwear sector of the Ministry of Industry, Elis Masitoh, the agreement is irrelevant for the footwear sector, as Bangladesh has not revealed a plan to export shoes to Indonesia. However, "As we are both producers, the negotiations have the potential to disrupt our local sector," said Firman Bakrie, executive director of Aprisindo.
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