Trade pact: Australian Trade Minister Simon Birmingham and Enggartiasto Lukita at the trade agreement signing ceremony in Jakarta. — AP
Jakarta: Indonesia is going all out to strike trade pacts with about a dozen countries and blocs as the US-China trade war hurts its shipments and threatens to worsen a current-account deficit.
The country signed a free trade pact with Australia that has been in the works for years, and is close to clinching deals with Iran, Turkey and the European Union, according to officials.
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