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View all search resultsCoordinating Economy Minister Airlangga Hartarto said on Tuesday that President Prabowo Subianto had committed to the funding to keep technology competitive and sustain investment in the textile sector.
For Indonesia, which is deeply embedded in East Asian production networks and heavily exposed to Chinese trade and investment, a reciprocal trade agreement with the US could trigger chaotic and costly supply chain realignments.
The agreement, which is expected to be signed by President Prabowo Subianto and his United States counterpart Donald Trump, will not constrain Jakarta’s domestic policy space and will deliver “balanced economic benefits” for both countries, according to Office of the Coordinating Economy Minister Airlangga Hartarto.
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