“Today, I, as the head of the Iran-Indonesia Joint Economic Commission, together with Deputy Foreign Minister for Economic Diplomacy Mehdi Safari had good meetings with a number of Indonesian businessmen to develop economic relations,” said the minister, according to IRNA.
Jakarta and Tehran have concluded the final stage of negotiations on a bilateral trade agreement, which is called the Indonesia-Iran Preferential Trade Agreement (II-PTA), according to the Indonesian Trade Ministry.
“Iran is a non-traditional trade partner for Indonesia. With this PTA, we hope to widen our export opportunities and expand our market reach, especially in the Middle East and Persia,” said Johni Martha, the ministry’s director of bilateral negotiations on Friday.
According to IRNA, Iranian President Ebrahim Raeisi will head a high-ranking delegation on a trip to Indonesia planned for Monday.