Indonesia looks to double commerce with UAE as trade pact takes effect 

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Mon, 2023-09-04 17:38

JAKARTA: Indonesia is hoping to boost commerce with the UAE more than two-fold in the next three years, Jakarta’s envoy to Abu Dhabi said on Monday as a free trade pact between the two countries went into effect at the beginning of this month.  

The Indonesia-UAE Comprehensive Economic Partnership Agreement went into force on Sept. 1 after the two countries signed the pact in July last year, making it Jakarta’s first with a Gulf country and Abu Dhabi’s first with a Southeast Asian nation.   

Indonesia’s Ambassador to the UAE Husin Bagis is pictured in Abu Dhabi, UAE. (File/Indonesian Embassy in Abu Dhabi)
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