India and Indonesia have agreed to double their efforts to boost bilateral trade to $50 billion by 2025, Prime Minister Narendra Modi said on Wednesday after holding comprehensive talks with President Joko Widodo. Prime Minister Modi, who arrived in Jakarta last night on his first-ever official visit to Indonesia, exchanged views with President Widodo on potential areas of cooperation in areas like defence, maritime security, trade and economy. In a joint press statement after the talks, Modi said India and Indonesia have agreed to upgrade their ties to Comprehensive Strategic Partnership. He said India and Indonesia have agreed to double their efforts to take bilateral trade to $50 billion by 2025.
According to Indonesia’s Central Statistics Agency (BPS), trade between the two countries in 2016 was $12.9 billion. It rose 28.7% to $18.13 billion in 2017 with Indonesia’s exports to India reaching $14.08 billion and its imports from India standing at $4.05 billion.

India and Indonesia have agreed to double their efforts to boost bilateral trade to $50 billion by 2025, Prime Minister Narendra Modi said on Wednesday after holding comprehensive talks with President Joko Widodo. Prime Minister Modi, who arrived in Jakarta last night on his first-ever official visit to Indonesia, exchanged views with President Widodo on potential areas of cooperation in areas like defence, maritime security, trade and economy. In a joint press statement after the talks, Modi said India and Indonesia have agreed to upgrade their ties to Comprehensive Strategic Partnership. He said India and Indonesia have agreed to double their efforts to take bilateral trade to $50 billion by 2025.
According to Indonesia’s Central Statistics Agency (BPS), trade between the two countries in 2016 was $12.9 billion. It rose 28.7% to $18.13 billion in 2017 with Indonesia’s exports to India reaching $14.08 billion and its imports from India standing at $4.05 billion.