Jakarta (ANTARA) - The Indonesian government has established a Debottlenecking Task Force to address various obstacles faced by businesses in Indonesia, Coordinating Minister for Economic Affairs, Airlangga Hartarto said.

He conveyed this during a meeting with US investors on the sidelines of his working visit to Washington, D.C. The meeting took place with the United States-ASEAN Business Council (USABC) on Monday (December 22).

"The task force aimed at resolving all obstacles experienced by businesses in Indonesia," he said in a statement on Tuesday.

Hartarto and representatives of US companies discussed several investment and trade issues, including developments in deregulation, changes to foreign exchange regulations for export proceeds, and the Indonesian government's commitment to Indonesia-US trade negotiations.

The meeting also explored potential cooperation and investment opportunities for US companies in sectors such as medical devices, digital finance, food products, and defense equipment, including with GE Healthcare, Chubb, Visa, PepsiCo, and Lockheed Martin.

This agenda was part of reciprocal trade negotiations (Agreements on Reciprocal Trade/ART) between Indonesia and the US, and also served to collect direct feedback from US businesses on the progress of the talks.

Representatives of US companies in attendance included Cargill, Freeport, Citi, Chubb, Visa, McLarty Associates, Vriens & Partners, DGA Group-ASG, and Dow Chemical, totaling approximately 20 USABC member companies.

The minister informed that other discussions also included the latest developments and outcomes of the Indonesia-US reciprocal trade negotiations.

He outlined the key outcomes of the meeting, including Indonesia’s commitment to opening market access for US products, tackling non-tariff barriers, and strengthening cooperation in digital trade and technology, national security, and commercial sectors.

Meanwhile, the US also committed to providing tariff exemptions for Indonesia's leading export products that the US cannot produce, such as palm oil, cocoa, coffee, tea, and others.

"The meeting agreed on the main and technical issues of the ART document, which will be signed by President Prabowo Subianto and President Donald Trump before the end of January 2026," Hartarto said.

According to him, the development of the ART demonstrates the government’s commitment to maintaining a competitive and attractive investment climate.



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Translator: Bayu Saputra, Resinta Sulistiyandari
Editor: M Razi Rahman
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