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[SITUATION] · [QUIET] · [BUSINESS]
2 clusters · 7 sources · 3 days · First seen · Last updated
Indonesia international trade and investment expansion
Overview
Indonesia is actively expanding its international trade and investment partnerships across several regions. In Southeast Asia, Indonesia and Thailand have launched a business matching program through Bangkok Bank and Permata Bank to strengthen regional supply chains and increase bilateral trade to US$23 billion by 2030, focusing on sectors such as food security, green energy, and electric vehicle ecosystems.
Simultaneously, Indonesia is deepening economic ties with the United States and Germany. Discussions with the U.S. Chamber of Commerce have focused on downstream industries, renewable energy, and rare earth metals. Meanwhile, cooperation with Germany has centered on industrial technology, solar energy, and the Just Energy Transition Partnership (JETP). Indonesia also continues to negotiate the Indonesia-European Union Comprehensive Economic Partnership Agreement (IEU-CEPA), which is expected to impact sectors such as the German automotive industry through potential tariff reductions.
Entities
Indonesia · U.S. Chamber of Commerce · Permata Bank · Germany · Bangkok Bank
Timeline
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[INTERNATIONAL] 5 sourcesGermany and Indonesia strengthen industrial and energy ties
Germany and Indonesia are expanding bilateral cooperation in energy, technology, and trade, with a focus on the IEU-CEPA agreement to lower tariffs and boost high-tech investment.
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[BUSINESS] 4 sourcesIndonesia expands trade and investment ties with Thailand and the U.S
Indonesia is strengthening economic ties through new investment initiatives with Thailand and strategic trade discussions with the U.S. regarding rare earths, energy, and downstream industries.
Sources
antaranews.com · deccanchronicle.com · economy.okezone.com · en.antaranews.com · industry.co.id · mediaasuransinews.co.id · okezone.com