Indonesia Says $34 Billion in Trade, Investment MOU With US in Pipeline

The US and Indonesia will sign trade and investment pacts worth $34 billion as part of Jakarta’s efforts to secure a tariff deal ahead of a July 9 deadline.

Indonesia plans to invest in the US and purchase American agricultural goods and $15.5 billion of energy products under a memorandum of understanding to be signed on July 7, Coordinating Economic Minister Airlangga Hartarto told reporters in Jakarta on Thursday.