Jakarta, April 11 -- Indonesia and Turkey have set a new bilateral trade target of US$10 billion for 2025, after recording US$2.4 billion in trade last year.

To achieve the target, the acceleration and implementation of the limited preferential trade agreement (PTA) is a must, according to Coordinating Minister for Economic Affairs, Airlangga Hartarto.

Through this trade agreement, the two countries can focus on freeing the entry of several main products, both tariff and non-tariff, with a relatively faster negotiation time.

"Indonesia and Turkey need to strengthen economic cooperation and see the enormous potential the two countries have, amidst global uncertainty and the protectionist trend that has just been carried out by the US," ...