Jakarta, June 4 -- The Indonesian Ministry of Trade has entered into an agreement with multinational furniture company IKEA Indonesia to expand the market of micro, small, and medium enterprises (MSMEs) and thereby, bolster their business ecosystem.

During the signing of a memorandum of understanding (MoU) between the ministry and the company here on Wednesday, Trade Minister Budi Santoso said the cooperation would provide MSMEs opportunities to expand their market by showcasing their flagship products at IKEA stores.

The Ministry of Trade is committed to building the MSME ecosystem, both within the country and abroad.

As part of this commitment, it has launched a domestic market safeguarding program to enhance the quality and competit...