White House announces US-Indonesia framework for Reciprocal Trade deal

The White House said on Tuesday that the US and Indonesian Republic accepted an agreement on negotiating an agreement on mutual trade to strengthen bilateral economic ties.

The agreement is based on an unseen access to exporters of both countries to each other’s markets and the US-Endonezia Trade and Investment Framework Agreement signed on 16 July 1996.

“Indonesia will eliminate approximately 99 percent of tariff barriers for the US Industrial and US food and agricultural products exported to Indonesia.”

“The United States, the United States, on April 2, 2025 dated 14257, is put forward on the goods of Indonesia, as it is put forward on 19 percent of mutual tariffs, and at the same time define certain goods that are not naturally available or produced in the country for more mutual tariff rate.”

The White House also said that the benefits of the agreement of the two countries will first negotiate the rules of origin of origin to ensure that the US and Indonesia accrue.

The agreement will also discuss non -tariff barriers. According to the joint statement, “US and Indonesia, the exemption of US companies and the local content requirements of goods, including the US federal motor vehicle safety and emission standards built in accordance with the acceptance of vehicles built and the acceptance of vehicles designed for previous marketing powers; cosmetics, medical devices and other produced goods to solve many ideas to solve many ideas to solve the problem of 301 throwing;

The White House also said, “The abolition of import restrictions for the US exports of Indonesia or to address obstacles for the US exports, including the US -produced goods or licensing requirements on reproduced goods or parts of the United States.

On the agricultural cooperation, the statement said: “US and Indonesia, US Food and Agricultural Products, including all the ITHTİGY undergraduate regimes, including the obstacles to the US food and agricultural products, including the obstacles to address and prevent; all US meat, poultry and milk facilities, including the US regulatory authorities, including the US regulatory authorities.

Digital trade, labor rights and environmental cooperation are also included in the framework. White House, “Indonesia, digital trade, services and the obstacles affecting the investment committed to address … Indonesia, ‘intangible products’ on the elimination of existing HTS tariff lines on the undertaking and suspending the requirements of import statements on the electronic transmission on the electronic transmission on the customs tasks on the duties on the domestic regulations on the domestic regulations for.

Moreover, Indonesia is committed to protecting internationally accepted labor rights. Change business laws … and strengthen the implementation of business laws, “he said.

“In addition,” Indonesia’s high level of environmental protection to adopt and maintain and to improve forest sector governance measures to take measures and illegal, uncompromrated and irregular fishing and illegal wildlife trade, including the environment of environmental laws to implement effectively.

In industrial exports, the White House, “Indonesia, critical minerals, including the United States will remove export restrictions.” He said.

Countries also promised to develop economic and national security cooperation: “The US and Indonesia are determined to strengthen economic and national security cooperation in order to improve the supply chain flexibility and innovation through complementary actions to address unfair trade practices of other countries and through cooperation with investment security and war task.”

In addition, the statement, “the procurement of aircraft valued as 3.2 billion USD; the purchase of agricultural products … The total value of the total value of 4.5 billion USD; and estimated energy products with an estimated 15 billion of the purchase of commercial agreements accepted.

In the coming weeks, “The US and Indonesia will negotiate and conclude the mutual trade agreement, prepare the agreement for the signature and take into account the internal formalities before the agreement,” he said.

(This story was not organized by DNA personnel and published from the moment)