{
    "success": true,
    "data": {
        "id": 1909492,
        "msgid": "indonesia-and-uae-plan-delegation-to-boost-us-3-14-billion-trade-1786294220",
        "date": "2026-08-09 21:58:30",
        "title": "Indonesia and UAE Plan Delegation to Boost US$3.14 Billion Trade",
        "author": " ",
        "source": "GALERT",
        "tags": "",
        "topic": "Trade",
        "summary": "Indonesia and the United Arab Emirates have agreed to send a UAE business delegation to Indonesia following a meeting between their trade ministers in Jaipur. The initiative aims to revitalise bilateral trade, which fell sharply to US$3.14 billion in the first half of 2026 from US$6.42 billion in the same period of 2025. Both sides are seeking to optimise the existing IUAE-CEPA trade agreement by resolving technical barriers and unlocking new investment opportunities.",
        "content": "<p>Trade Minister Budi Santoso and UAE Minister of State for Foreign\nTrade Thani bin Ahmed Al Zeyoudi met in Jaipur on 7 August 2026 and\nagreed on a visit by a UAE business delegation to Indonesia. Both\nparties are targeting stronger trade ties, with total trade value for\nthe first half of 2026 recorded at US$3.14 billion. Indonesia\u2019s exports\nto the UAE during the same period reached US$1.76 billion, while imports\nstood at US$1.38 billion. The 2025 trade surplus was recorded at US$1.63\nbillion from a total of US$6.42 billion. Key export products include\njewellery, oils and fats, vehicles, and machinery. Main import products\ninclude jewellery, salt, sulphur, aluminium, weapons, and plastics. The\nupcoming UAE business delegation is expected to act as a catalyst to\nstrengthen bilateral trade relations. UAE Minister Thani Al Zeyoudi\nstated that direct meetings between business actors can identify new\nopportunities and accelerate investment, in line with the goal of\nmaximising the IUAE-CEPA. He stressed the importance of intensive\ndialogue to address remaining obstacles, including tariff issues and\ntechnical regulations. If the delegation succeeds in building trust, the\npotential for increased export-import volumes could restore trade value\nto higher levels. Total trade in the first half of 2026 declined\nsignificantly compared to 2025, falling to US$3.14 billion from US$6.42\nbillion. This drop is reflected in exports of US$1.76 billion and\nimports of US$1.38 billion, both well below the 2025 figures of US$4.02\nbillion and US$2.39 billion respectively. The decline signals the need\nfor more optimal utilisation of the agreement\u2019s provisions, especially\nin key sectors such as jewellery, vehicles, and machinery. Although the\nIUAE-CEPA has been operational since September 2023, technical obstacles\nstill hinder its full utilisation. Trade Minister Budi Santoso\nhighlighted issues such as the Tariff Rate Quota scheme, transshipment\nmechanisms, and an unresolved antidumping case on copolymer products\nfrom the UAE. He affirmed Indonesia\u2019s commitment to maintaining\ntransparency and accountability in implementation to align with WTO\nprinciples, while opening continuous dialogue with business actors from\nboth countries.<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/indonesia-and-uae-plan-delegation-to-boost-us-3-14-billion-trade-1786294220",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}