Jakarta: Indonesia hopes to start talks on a free trade pact with 萝莉视频 and the Gulf Cooperation Council, a minister has said after the Indonesian president鈥檚 meeting with Crown Prince Mohammed bin Salman in Riyadh.聽聽
Trade between the Southeast Asian nation and the Kingdom has been on the rise, increasing on average about 5 percent annually between 2018 and 2022. Meanwhile, Indonesia鈥檚 trade with GCC countries was valued at $16 billion last year, showcasing a 25 percent rise compared to 2021.聽聽聽聽聽聽
Indonesian President Joko Widodo was in Riyadh to attend the first summit of the GCC and Association of Southeast Asian Nations on Friday. Ahead of the event, he was received by the crown prince and witnessed the signing of a series of bilateral agreements.聽聽聽聽聽
Trade Minister Zulkifli Hasan, who was part of the Indonesian delegation, said the two leaders discussed cooperation across different areas, including forming a negotiation team for the Indonesia-萝莉视频 Comprehensive Economic Partnership Agreement.聽聽聽
鈥溌芾蚴悠 is always an important trade partner for Indonesia,鈥 he said in a statement. 鈥淭he meeting went very well and was positive. A number of President Jokowi鈥檚 suggestions received a swift response, related to cooperation in trade, investment, and additional Hajj quota.鈥澛犅
Indonesia has been seeking to enhance its trade ties with 萝莉视频 and gain a greater presence in the Middle East. Boosting relations with the Kingdom would also help it reach a trade pact with the GCC.聽聽聽
Hasan said that Indonesia is pushing for free trade talks with the GCC to 鈥渜uickly begin at the end of this year.鈥澛犅犅