Pakistan and Indonesia are strengthening economic ties, aiming to finalize a Comprehensive Economic Partnership Agreement (CEPA) by 2027, and collaborating on various sectors including palm oil and agriculture. High-level meetings between officials from both countries have reaffirmed trade and investment as key pillars of their bilateral cooperation.
Indonesia-Pakistan Economic Cooperation
Indonesian Minister of Investment and Downstream Industry, Rosan P. Roeslani, recently met with Pakistani Prime Minister Muhammad Shehbaz Sharif to discuss enhanced collaboration. The meeting focused on boosting investment and trade between the two nations.
Both countries are prioritizing the completion of CEPA by 2027, which is expected to significantly increase bilateral trade. Discussions also centered on cooperation in the palm oil and agricultural sectors, with Indonesia expressing readiness to collaborate with Pakistan in these areas.
Federal Minister for Board of Investment (BOI) greeted the Indonesian Minister of Investment, highlighting the importance of strengthening economic partnerships. The reaffirmation of trade and investment as key pillars of cooperation underscores the commitment of both nations to a stronger economic relationship.
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