#Economic Diplomacy
Indonesia, South Africa set up council to boost economic ties
The government has reaffirmed its commitment to strengthening economic cooperation with South Africa through the inauguration of the Indonesia–South Africa High-Level Business Council (ISA-HLBC), a new platform designed to bolster strategic partnership between the two emerging economies.
Indonesia pushes for deeper ASEAN economic integration
Indonesia calls on ASEAN member states to deepen regional economic integration through inclusive, digital, and sustainable trade during the 47th ASEAN Summit, emphasizing unity as the foundation for growth amid shifting global dynamics.
Government eyes Middle East, South Africa, Latin America to boost 2026 exports
Government is set to expand its export markets in 2026, targeting the Middle East, South Africa, and Latin America as new growth frontiers in an effort to sustain its trade surplus momentum, Trade Minister Budi Santoso announced on Wednesday, October 22, 2025.
Indonesia-Hungary seek expedited MLFF implementation despite regulatory hurdles
Efforts to accelerate the implementation of the Multi-Lane Free Flow (MLFF) electronic toll payment system in Indonesia was the focus of the Hunindo Tech 6.0 business forum held in Jakarta on Monday, October 20, 2025.10.20
Indonesia-Hungary deepen economic, technology ties through investment forum
The Indonesia-Hungary partnership is entering a new phase of economic and technological collaboration, marked by the Hunindo Tech Business Forum 6.0 held in Jakarta on Monday, October 20, 2025.
Purbaya faces high stakes as new finance minister
Purbaya Yudhi Sadewa, the newly appointed Finance Minister, has set an ambitious target of achieving 8 percent economic growth, a bold statement that contrasts sharply with his predecessor Sri Mulyani Indrawati’s more cautious approach.
Indonesia and Belarus to boost trade, fertilizer cooperation
President Prabowo Subianto met with Belarusian President Aleksandr Lukashenko at the latter’s residence in Ozyorny, outside Belarusian capital of Minsk, on Tuesday, July 15, 2025, discussing efforts to strengthen trade relations, particularly in commodities and fertilizer sectors.
U.S. delays 32% import tariffs on Indonesia following high-level talks
The United States has agreed to delay the implementation of a 32 percent reciprocal import tariff on Indonesian products, following intense economic diplomacy led by Coordinating Minister for the Economy Airlangga Hartarto.
Govt sends Economic chief to Washington for talks over new U.S. tariffs
The government has taken swift diplomatic action following the latest trade policy shift by the United States under President Donald J. Trump, which imposes steep import tariffs on Indonesian goods.
Government poised to appoint new ambassador to U.S. after two-year vacancy
The government is set to fill one of its most critical diplomatic posts, nearly two years after the ambassadorial seat in Washington, D.C. was left vacant.
President Prabowo to visit Russia at Putin’s invitation
President Prabowo Subianto is set to embark on a significant diplomatic mission to Russia following an official visit to Singapore, underscoring Indonesia’s increasing prominence on the global stage.
Indonesia to finalize trade deals with EU, Eurasian Union by year-end
The government is targeting the completion of two major international trade agreements − the Indonesia-European Union Comprehensive Economic Partnership Agreement (I-EU CEPA) and the Indonesia-Eurasian Economic Union Free Trade Agreement (I-EAEU FTA) − by the end of this year.