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Prabowo asks Erdogan to lower tariffs on Indonesian exports
Indonesian exports to Turkey surged to $1.94 billion last year, marking a 26 percent increase from the previous year and nearly reaching the five-year peak of $2.05 billion recorded in 2022.
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President Prabowo Subianto (left) and Turkey's President Recep Tayyip Erdogan inspect a guard of honor during a welcoming ceremony at the Bogor Palace in West Java, on Feb. 12, 2025.
(AFP/Yasuyoshi Chiba)
P
resident Prabowo Subianto has called for a “mutually beneficial” trade partnership with Turkey, citing the hope that his counterpart would lower high tariffs on Indonesian exports.
Speaking at the High-Level Strategic Council meeting on Wednesday, he emphasized the need to accelerate negotiations for the Indonesia-Turkey Comprehensive Economic Partnership Agreement (CEPA) in front of Turkey’s President Recep Tayyip Erdogan.
"I am confident that our trade will grow in the near future and we must strive to make it more balanced, mutually beneficial and supportive of each other […] I trust that our trade ministers can resolve this issue," Prabowo remarked.
Following the meeting, Prabowo revealed that both leaders had agreed to expand market access for products from each country. Additionally, they signed 12 agreements spanning energy, health, agriculture, defense, communication and education sectors.
Read also: Prabowo, Turkey's Erdogan agree to bolster ties
Indonesian exports to Turkey surged to US$1.94 billion last year, marking a 26 percent increase from the previous year and nearly reaching the five-year peak of $2.05 billion recorded in 2022.
In contrast, Indonesia’s imports from Turkey dropped by 23 percent year-on year in 2024, totaling just $461 million.
