Indonesia says it will sign US$34bil pact with US partners ahead of tariff talks deadline


Indonesia’s Coordinating Minister for Economic Affairs Airlangga Hartarto said the MoU is due to be signed on July 7, 2025. - Photo: Reuters

JAKARTA: Indonesia will sign a pact worth US$34 billion with business partners next week to boost purchases from the United States, as part of efforts to strike a trade deal with Washington ahead of the July 9 deadline, Indonesia's chief economic minister said on Thursday (July 3).

The deal would include increasing imports of fuels and investment by Indonesian companies in energy and agriculture sectors in the United States. Separately, flag carrier Garuda Indonesia also said it is in talks to buy up to 75 jets from Boeing.

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