Indonesia: Indonesia officially signed a bilateral trade agreement with the United States, titled "Implementing the Agreement Towards a New Golden Era of the US-Indonesia Alliance," during a meeting between Presidents Prabowo Subianto and Donald Trump in Washington.
According to Kuwait News Agency, Indonesia's Cabinet Secretary Teddy Indra Wijaya stated that the deal will enhance economic security, drive growth, and contribute sustainably to global prosperity. Both leaders emphasized the importance of fully implementing the agreement.
The Indonesian Ministry of Economic Affairs reported that Coordinating Minister Airlangga Hartarto and US Trade Representative James Greer signed the agreement after months of negotiations. This followed Washington's 2025 approval to lower Indonesia's export quota to the United States.
Hartarto highlighted that Indonesia views the United States as a strategic partner. The partnership aims to deepen cooperation in areas such as digital innovation, artificial intelligence, semiconductors, critical minerals, supply chain resilience, energy transition, and advanced manufacturing. The agreement also focuses on expanding market access, removing barriers, and boosting investment.
The White House noted that the agreement establishes a foundation for a new golden era of the US-Indonesia alliance. Both presidents are committed to its full implementation, with the US maintaining a 19 percent tariff while granting selective zero-tariff access for Indonesian textiles.
The two countries also signed an investment deal worth about USD33 billion, covering sectors such as agriculture, aviation, and energy. This includes USD 15 billion in US energy purchases, USD 13.5 billion in commercial aircraft and aviation-related goods and services from Boeing, and over USD 4.5 billion in US agricultural products.
Freeport-McMoRan signed a Memorandum of Understanding to extend mining licenses and expand operations in Central Papua. This expansion is expected to generate USD 10 billion annually and strengthen US critical minerals supply chains.
Indonesia will remove customs barriers on more than 99 percent of US products across all sectors, including agriculture, health, seafood, ICT, automotive-related goods, and chemicals. The agreement also supports the permanent, unconditional elimination of digital trade tariffs at the WTO while ensuring fair competition for US electronic payment firms.
The agreement was signed during the US-Indonesia presidential meeting at the Gaza Peace Council Leaders' first session, where Indonesia also decided to deploy 8,000 personnel of its national armed forces.