Jakarta: President Susilo Bambang Yudhoyono warned Wednesday that the efforts of the industry plays the nationalist card to protectionist policies that leads to a lack of competition in the domestic market.
Yudhoyono said local companies should be able to compete with an influx of imported products and are able to win the hearts of consumers by increasing competitiveness.
"The national products to compete with imports in terms of quality and price. I am sure that the situation will improve when we are promoting a campaign of" love and buy domestic products. "
"But the industry should not use nationalistic arguments and preference for local products and is ineffective," he said.
Given the global economic slowdown, there is a growing tendency to prioritize local products, sometimes in spite of their expensive or of lesser quality, while the government and businesses are stepping up campaigns' purchase of local products.
Indonesia, Southeast Asia's biggest economy, is struggling with the effects of the global economic slowdown by strengthening the local consumption of local products, which can be an important engine of economic growth under current conditions.
"If domestic products competitive and innovative, not to worry about the recession, because our industry will be able to meet the demand of the local market. Our economy is stronger," said Yudhoyono. - JP / DESY Nurhayati
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