CFC Welcomes Indonesian Ambassador to Strengthen Collaboration on Commodity SMEs and Sustainable Value Chains
Amsterdam, 6 May 2026 – Sheikh Mohammed Belal, Managing Director of the Common Fund for Commodities (CFC), welcomed H.E. Mr. Laurentius Amrih Jinangkung, Ambassador of Indonesia to the Kingdom of the Netherlands, alongside Mr. Gusti Agung Ayu Ratih Astary, Minister Counsellor and Coordinator for Economic Affairs, and Ms. Maulida Fitri Purliayu, Second Secretary, to the CFC headquarters in Amsterdam. From the CFC, the Managing Director was joined by Ms. Zahra Kahla, Research and Data Assistant.
Discussions focused on Indonesia’s position as a global commodity powerhouse and the critical role of small and medium-sized enterprises (SMEs) as engines of growth within its diverse commodity sectors. While Indonesia is a leading producer of commodities such as palm oil, cocoa, coffee, and fisheries products, participants highlighted the need to further strengthen SME participation across value chains to ensure more inclusive and sustainable economic development.
A key point of discussion was how to develop Indonesia-based SME projects that can access CFC financing. The delegation explored pathways for Indonesian enterprises to engage with the CFC’s financing instruments, particularly in addressing the persistent gap faced by SMEs in securing adequate capital for scaling operations and entering higher-value markets.
Particular emphasis was placed on the importance of pre-financing mechanisms for export-oriented SMEs. Access to upfront capital remains essential for enabling SMEs to procure raw materials and offer premium prices to producers, thereby strengthening supply chains and improving incomes at the farm level. Such financing solutions are critical to ensuring competitiveness in global markets while supporting sustainable sourcing practices.
The dialogue also highlighted opportunities across key Indonesian commodities, including palm oil, cocoa, coffee, and fisheries, where targeted investment in processing, value addition, and market access could significantly enhance economic returns and resilience.
Ambassador H.E. Laurentius Amrih Jinangkung emphasized the importance of practical collaboration:
“Indonesia has strong potential in its commodity sectors, but the challenge lies in ensuring that SMEs can fully participate and benefit. We are keen to explore how Indonesia-based SME projects can access CFC financing and how we can build concrete partnerships that deliver impact on the ground.”
Sheikh Mohammed Belal welcomed Indonesia’s engagement and noted: “Indonesia represents one of the world’s most dynamic commodity economies. Strengthening SMEs within these value chains is essential for sustainable growth. The CFC stands ready to support Indonesian enterprises through tailored financing solutions, particularly in areas such as pre-financing, value addition, and market integration.”
The meeting concluded with a shared commitment to deepen collaboration between the CFC and Indonesian stakeholders. Both sides expressed interest in advancing concrete projects that support SMEs, enhance value chains, and reinforce Indonesia’s leadership in sustainable commodity development.
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