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2  EDITION 2020  GEMA INDONESIA
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                                                                                   ipated in trade exhibition,
                                                                                   approached the potential
                                                                                   buyers, and facilitated busi-
                                                                                   ness  mission  to  Indonesia
                                                                                   and vice versa.

                                                                                4.  Due to Covid-19, the Em-
                                                                                   bassy has been focusing
                                                                                   its commercial and trade
                                                                                   diplomacy through virtu-
                                                                                   al trade exhibition as well
                                                                                   as business promotion and
                                                                                   matchmaking. Promotion of
                                                                                   Indonesian commodities are
                                                                                   mainly emphasized towards
                                                                                   commodity export intensifi-
                                                                                   cation of coffee, pineapple,
                                                                                   and seafood; while promo-
                                                                                   tion of made in Indonesia
                                                                                   products were specifically
                                                                                   aimed at tyre, car rim, and
                                                                                   artificial eyelashes.

                                                                                5.  The Embassy also works
                                                                                   with Indonesian Honorary
                                                                                   Consuls in Italy and Cyprus
                                                                                   to identify and pursue ev-
                                                                                   ery possible opportunity to
                                                                                   promote Indonesian trade,
                                                                                   investment and tourism.
                                                                                   At 4 June, Ambassador Es-
                                                                                   tiAndayani met virtually
                                                                                   with Indonesian Honorary
                                                                                   Consuls in Italy and Cyprus
                                                                                   to provide update and pro-
                                               tainability of palm oil imports     mote bilateral relations. At
                                                                                   18 June, the Embassy’s eco-
                                               and opportunities for further       nomic  team  virtually  met
                                               investment cooperation.             Mr.  Ivo  Guidi  (Indonesian

                                            2.  Just right before the pandemic,    Honorary Consul in Genoa)
                                                                                   which resulted in, inter alia,
                                               Indonesia and Italy managed         proposed concrete steps  for
                                               to  sign  an  MoU  on  Coopera-     promotion of Indonesia ag-
                                               tion in the Agricultural Field      riculture  products  to major
                                               that will signify further trade     importers.
                                               and innovation ties.  The ob-
                                               jective of the Memorandum        In the first four months of
                                               of  Understanding  signed  on    2020,bilateral trade between In-
                                               January 20th by Minister Te-     donesia and Italy recorded an
                                               resa Bellanova and Minister      increase in total trade value of
                                               Syahrul Yasin Limpo at Salone    6.43%, compared to the same pe-
                                               Agricoltura of the Ministry for   riod last year. Indonesia’s export
                                               Agricultural, Food and Forest-   performance to Italy reached to
                                               ry Policy is to bring Indonesia   US$ US$633 million.
            can be exported by Indone-         and Italy closer when it comes
            sia.  Investment  opportunities    to  agriculture,  rural  develop-  The  Indonesian  Embassy  in
            including the potential devel-     ment and food processing.        Rome will continue conducting
            opment of the Ilta Inox busi-                                       concrete and proactive steps to
            ness in Indonesia were also     3.  The Embassy of Indonesia in     enhance economic diplomacy in
            discussed.  With the Deputy        Rome,  including  the  Indone-   Italy with relevant stakeholders.
            CEO of Ferrero S.p.a, Minister     sian  Trade  and  Promotion
            Suparmanto discussed the sus-      Centre in Milan, also partic-



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