Indonesia and the United States signed commercial agreements of US$34 billion in agriculture and energy sectors during a series of high-level business meetings in Washington, D.C., signaling growing momentum in advancing bilateral Comprehensive Strategic Partnership.

“This partnership reflects our shared vision for a stronger, balanced, and fair economic relationship,” Coordinating Minister for the Economy, Affairs Airlangga Hartarto, who led the Indonesian delegation, said in a statement on Tuesday, July 8, 2025.

“One key measure in strengthening this relationship is the commitment from Indonesian companies to purchase top-tier U.S. products in agriculture and energy sectors.” he added.

The agreements came as Indonesia seeks to build goodwill amid ongoing negotiations over the new U.S. import tariff policy. Airlangga reaffirmed Indonesia’s intention to pursue tariff solutions through diplomacy and business engagement, highlighting that economic ties between the two countries have historically been robust and mutually beneficial.

The Indonesian Embassy in Washington, together with the Coordinating Ministry for the Economy, hosted the high-level meetings on July 7, 2025. Officials from major Indonesian companies involved included State energy company PT PERTAMINA, PT Busana Apparel Group (representing the Indonesian Textile Association), FKS Group, Sorini Agro Asia Corporindo (part of the Corn Refiners Association of Indonesia), and the Indonesian Flour Producers Association.

Top U.S. counterparts expressed strong support and optimism for long-term partnerships.

“ExxonMobil is proud to support Indonesia’s energy needs. We bring decades of experience, global supply capabilities, and a long-standing commitment to being a trusted energy partner,” Wade Floyd of ExxonMobil said.

“Indonesia has been a great partner for the U.S. cotton industry, typically one of our top 10 export markets,” Bryan Wiggins of Cotton Council International said.

“Indonesia is an important country for us in many ways. We hope that this MoU and initial corn purchase will mark the beginning of a deeper, long-term partnership,” Anne Murphy of Cargill said.

“Indonesia has long been an important customer, with growing demand for high-quality American farm products,” added Robert Cruise of Zen-Noh Grain Corporation.

The agreements were formalized through several memorandums of understanding (MoUs), laying the groundwork for expanded cooperation in trade, supply chains, and investment.

Sade Bimantara, Acting Ambassador and Deputy Chief of Mission at the Indonesian Embassy in Washington, emphasized the broader impact of the deal.

“We believe this partnership can generate thousands of quality jobs, support micro, small, and medium enterprises (MSMEs), and enhance the exchange of knowledge and technology between the two countries,” he said.