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The Turkish Ministry has said that the Nation seeks to pursue a $10 billion trade agreement with Indonesia. Turkish President Recep Tayyip Erdogan conveyed his intention to Indonesian President Prabowo Subianto for increased bilateral trade, emphasizing the need for fairness and equity for both countries. On Wednesday, Turkish Trade Minister Omer Bolat announced that Türkiye and Indonesia have signed a memorandum of understanding to strengthen their bilateral trade cooperation. Erdogan returned to Indonesia after his 2022 visit, meeting with President Prabowo at Bogor Palace to discuss trade. During his visit, a memorandum of understanding was signed to strengthen bilateral trade…
Indonesia-Uzbekistan set to commence negotiations on Preferential Trade Agreement (IU-PTA) to expand market reach and strengthen bilateral economic cooperation. With trade between the two countries growing, this initiative marks a step forward in their long-standing diplomatic relations. “This is one of the concrete steps of the Ministry of Trade’s priority program to expand the export market,” said Indonesia Trade Minister Budi Santoso, following a meeting with Uzbek Foreign Minister Bakhtiyor Saidov in Jakarta on Monday. Minister Santoso affirms that the IU-PTA presents a key opportunity for Indonesia to broaden its market. Uzbekistan being the largest population in Central Asia, boasting…