New Delhi, Jan. 26 -- India and Indonesia have focused on enhancing economic cooperation through various mechanisms, such as the upcoming meetings of the Working Group on Trade and Investment (WGTI) and the Biennial Trade Ministers' Forum (BMTF), with a view to addressing existing trade barriers.

Prime Minister Narendra Modi and Indonesian President Prabowo Subianto also emphasised the importance of concluding the review of the ASEAN-India Trade in Goods Agreement (AITIGA) by 2025.

"Indonesia is one of India's largest trading partners in ASEAN. Both leaders expressed satisfaction that bilateral trade had reached a record high of USD 38.8 billion in April 2022-March 2023. The leaders desired that the 2nd meeting of the Working Group on T...