Indonesia attempts to complete trade conversations with America within 60 days

Indonesian Economic Coordination Minister Irlanga Hartrato said his country and the United States agreed to try to complete negotiations on commercial and investment partnerships within 60 days, as the country in Southeast Asia is trying to prevent it from imposing high customs on its exports to the largest economy in the world. In a United States Internet press release Friday morning, Hararto said Indonesia hopes to set up a balanced customs duties on 20 of its most important exports to the United States, including textiles, furniture and shrimp, so that it does not exceed the definitions imposed on competing countries. Indonesia provides cooperation in access to many important minerals, as well as to simplify the procedures for horticultural products from the United States. Indonesia also asked the United States to improve collaboration in the field of trade, investment, energy, finance, defense and education and submit documents to respond to the United States on non -issues issues, Hartarto said. Indonesia resists US graphics, Hartarto and other officials visiting the United States with the aim of avoiding customs duties threatening their country’s exports by 32%, and US President Donald Trump hung them until July. You can also keep: Trump talks about ‘great progress’ in trade conversations with Japan, Hartarto has the commitment of Indonesia to buy more lng, crude oil and gasoline from the United States, as well as the plans to continue to buy wheat and soybeans, soybeans from America, as well as “capital goods”. Indonesia’s delegation is scheduled to meet US Treasury Secretary Scott Besent next week.