date:Feb 09, 2020
ring significant tariff cuts on commodity exports between the two countries and offer various investment privileges, as Indonesia strives to boost exports and attract foreign investment to help spur its sluggish economic growth.
Indonesia recorded a trade deficit of US$3.2 billion last year, marking a significant improvement over the $8.7 billion recorded in 2018.
Meanwhile, the Investment Coordinating Board (BKPM) has set an investment realization target of Rp 886 trillion ($64.9 billion), 9.