Coordinating Economy Minister Airlangga Hartarto, who helms the Indonesian delegation in the tariff negotiations, told reporters on Tuesday that the bilateral talks were over and the process was now in the “legal drafting” stage, which would “hopefully be finished this October”.

The Indonesian delegation has scheduled at least six virtual meetings with the US Trade Representative (USTR) Office over the coming weeks and plans to fly to Washington, DC, at the end of the month to sign the Agreement on Reciprocal Trade (ART), which would make Indonesia one of the first countries to do so.

The archipelago was also among the first to secure a framework tariff agreement with the US government that brought the duties imposed on Indonesian exports down from a threatened 32 percent to 19 percent in July, in exchange for various concessions, only to find out later that other Southeast Asian countries would receive the exact same rate without as many concessions.

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The virtual meetings are not expected to result in a tariff lower than the agreed-upon 19 percent, a figure deemed to be cast in stone. Rather, the talks will focus on details that remained unaddressed in the handshake deal, such as the list of commodities exempted from the so-called reciprocal US tariff.

Airlangga said “it’s not final until it’s signed” but added that it was “almost certain” that palm oil, natural rubber and cacao would be subject to 0 percent import duties.