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Indonesia, Peru sign free trade deal

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The economic partnership is expected to expand market access for both countries, says Indonesian President Prabowo Subianto.

JAKARTA: Indonesia and Peru signed a free trade agreement today to strengthen bilateral trade and investment relations, the leaders of both countries said at a signing ceremony in Jakarta.

Indonesian exports to Peru totalled US$331.2 million worth of goods in 2024, while imports from Peru stood at US$149.6 million, according to Indonesian data.

Indonesia’s top export products were cars and car parts, biodiesel and footwear, while it mainly imported cocoa beans and grapes.

Tags:autoauto partsbilateral tiesbiodieselBlueberriescocoa beansdefenceenergy transitionfisheryfootwear


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