Indonesian, US firms sign trade, investment deals - News Summed Up

Indonesian, US firms sign trade, investment deals


Indonesian, US firms sign trade, investment deals‘VERY OPTIMISTIC’: Prabowo said the deals, part of a broader pact to be signed with Trump, aim to reduce Indonesia’s trade surplus with the USReuters, WASHINGTON and JAKARTAIndonesian and US companies on Wednesday signed deals worth US$38.4 billion ahead of Indonesian President Prabowo Subianto’s meeting with US President Donald Trump to sign a final trade pact, the Indonesian government said in a statement. The 11 deals, signed at a dinner for Prabowo hosted by the US Chamber of Commerce, were for partnerships in mining, energy, agribusiness, textiles, furniture and technology sectors, according to the statement. Photo: AFPPrabowo said the deals were among the implementing agreements to the US-Indonesian trade deal that he was due to sign with Trump after press time last night, adding it would help reduce Indonesia’s trade surplus with the US. The council said Indonesia would also buy 1 million tonnes of wheat this year and up to 5 million tonnes by 2030. USABC valued Indonesia’s purchases of soybeans at US$685 million, wheat at US$1.25 billion, cotton at US$122 million and an additional purchase of US shredded worn clothing for recycling at US$200 million.


Source: Taipei Times February 19, 2026 17:22 UTC



Loading...
Loading...
  

Loading...

                           
/* -------------------------- overlay advertisemnt -------------------------- */