Haryo Limanseto, spokesperson for the Coordinating Ministry for Economic Affairs, confirmed that talks with Washington "are still ongoing."
"There are no specific issues in the negotiations, and the dynamics of the negotiation process are normal," he said in a statement on Wednesday.
Indonesia is working to secure an agreement that benefits both sides, he added, expressing hope it can be concluded soon.
His remarks responded to reports citing a US official who warned the negotiations could fail after Indonesia reportedly withdrew several commitments previously included in the negotiation package.
Indonesia is seeking a zero-percent tariff for commodities not produced in the United States, including crude palm oil, rubber, tea, coffee, and other rubber products. Tariffs for textiles and footwear remain under discussion.
As part of the proposed deal, Indonesia has also pledged to increase imports from the United States to help balance bilateral trade. Energy imports are expected to reach up to US$15 billion, while agricultural imports are targeted at US$4.5 billion.
The package also covers investments in Indonesia and a blue ammonia facility in the US worth a combined US$10 billion.
Coordinating Minister for Economic Affairs Airlangga Hartarto said on November 17 that he was confident the overall trade and investment package would help restore balance in bilateral trade.
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Translator: Bayu Saputra, Resinta Sulistiyandari
Editor: Anton Santoso
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