PALM NEWS MALAYSIAN PALM OIL BOARD Sunday, 16 Nov 2025

Total Views: 197
WORLD
Prabowo And Trump Agree On New Era Of Mutual Benefit In Bilateral Trade
calendar17-07-2025 | linkBernama | Share This Post:

BERNAMA (16/07/2025) - Indonesia’s President Prabowo Subianto said he had a “very good” phone call with United States (US) President Donald Trump, during which they discussed efforts to deepen bilateral trade ties.

In an Instagram post on Wednesday, Prabowo said the two leaders had agreed to usher in “a new era of mutual benefit” in economic relations between Indonesia and the US.

Indonesia's President-Elect Prabowo Subian to speaks at the Shangri-La Dialogue in Singapore in this June 2024 file photo. Prabowo expressed confidence that Nusantara, the new capital city in East Kalimantan, will befully operational as Indonesia's capital within the next three years. – Photo by REUTERS/Edgar Su

“President Trump extends his warm regards to the people of Indonesia,” he added.

The post was accompanied by two photos showing Prabowo in a bright room, first sitting calmly on a phone call, then laughing and leaning back in a relaxed moment.

On Tuesday, Trump wrote on his Truth Social platform that he had finalised an important deal with Indonesia after speaking with Prabowo, and that the landmark agreement opens up Indonesia’s entire market to the US for the first time in history.

He also announced that his administration would reduce tariffs on Indonesian imports from 32 per cent to 19 per cent, while US exports to Indonesia would face no tariff or non-tariff barriers.

As part of the deal, Indonesia has committed to purchasing US$15 billion worth of energy products, US$4.5 billion in agricultural goods, and 50 Boeing jets, he added.

Read more at https://www.bernama.com/en/world/news.php?id=2446043