# Indonesia trade partnership expansion

> Live situation record from CLSTR: https://clstr.news/situations/indonesia-trade-partnership-expansion
> Updated: 2026-08-07T07:59:21.000Z. Sources: 7. Developments: 2.

In late July 2026, Indonesia’s Coordinating Minister for Economic Affairs Airlangga Hartarto met with the UK Trade Commissioner for Asia Pacific, Martin Kent, in Jakarta. The talks reviewed the Indonesia‑United Kingdom Economic Growth Partnership and reaffirmed Britain’s support for Indonesia’s accession to the Comprehensive and Progressive Agreement for Trans‑Pacific Partnership (CPTPP), emphasizing the expected boost to market access, supply‑chain resilience and sustainable growth.

A week later, on 7 August 2026, Indonesian Trade Minister Budi Santoso and India’s Minister of Commerce and Industry Piyush Goyal met on the sidelines of the BRICS Trade Ministers’ Meeting in Jaipur. They discussed expanding bilateral trade, accelerating investment, and implementing the Indonesia‑India Working Group on Trade and Investment. Both sides welcomed a proposal for an Indonesia‑India Preferential Trade Agreement to complement the ASEAN‑India Trade in Goods Agreement, aiming to widen market access and reduce non‑tariff barriers.

Also on 7 August 2026, during the BRICS meeting in Jaipur, Minister Santoso met with Brazil’s Minister of Development, Industry, Trade and Services, Márcio Fernando Elias Rosa, to propose a preferential trade agreement (PTA) between Indonesia and Brazil. This PTA is being considered as a pragmatic alternative to the Indonesia-Mercosur Comprehensive Economic Partnership Agreement (CEPA), which has faced limited progress. The objective is to utilize Brazil as a gateway for Indonesian goods into Latin America and Indonesia as an entry point for Brazilian exports into Asia.

Additionally, Minister Santoso advocated for a fairer, WTO-centered multilateral trading system and supported BRICS initiatives regarding digital transformation and financing for micro, small, and medium enterprises.

## Timeline

### 2026-08-07: Indonesia and Brazil consider preferential trade agreement

Indonesia and Brazil are considering a preferential trade agreement to boost bilateral ties, while Indonesia also engaged with BRICS to advocate for fairer, WTO-centered global trade rules.

7 sources. https://clstr.news/cluster/indonesia-and-india-pledge-deeper-market-access-and-investment-cooperation

### 2026-07-30: Indonesia Secures UK Support for CPTPP Accession

Indonesia and the UK discussed deepening economic ties and the UK’s support for Indonesia’s CPTPP accession, highlighting cooperation under the 2026 Economic Growth Partnership.

2 sources. https://clstr.news/cluster/indonesia-secures-uk-support-for-cptpp-accession

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Cite as: Indonesia trade partnership expansion. CLSTR, https://clstr.news/situations/indonesia-trade-partnership-expansion