{
    "success": true,
    "data": {
        "id": 1898237,
        "msgid": "ri-thailand-expand-local-currency-use-to-boost-trade-investment-1785772274",
        "date": "2026-08-03 22:02:48",
        "title": "RI, Thailand expand local currency use to boost trade, investment",
        "author": "",
        "source": "ANTARA_EN",
        "tags": "",
        "topic": "Economy",
        "summary": "Indonesia and Thailand have agreed to expand the use of local currency transactions to improve trade and investment efficiency, bypassing the need for US dollar conversion. The commitment was announced during a meeting between President Prabowo Subianto and Thai Prime Minister Anutin Charnvirakul in Jakarta, as part of a broader push to strengthen economic, digital, and security cooperation. The two nations also aim to increase bilateral trade to US$20 billion by 2030 under a new strategic partnership roadmap.",
        "content": "<p>President Prabowo Subianto, in a joint statement with Thai Prime\nMinister Anutin Charnvirakul at the Merdeka Palace here on Monday, said\nthe two countries are strengthening their strategic partnership in the\neconomic, political, and security fields.<\/p>\n<p>\u201cAmid global economic transformation, Indonesia and Thailand are also\ncommitted to strengthening cooperation in the digital economy sector,\nincluding the use of local currency transactions to improve efficiency\nin trade and investment,\u201d Prabowo said.<\/p>\n<p>Prabowo explained that the use of LCT would improve trade and\ninvestment efficiency, as businesses and individuals could conduct\ntransactions using their respective currencies without converting them\ninto foreign currencies, such as the US dollar.<\/p>\n<p>The expansion of LCT is part of the two countries\u2019 efforts to\nincrease investment, expand market access, and strengthen partnerships\namong business actors, he pointed out.<\/p>\n<p>Indonesia and Thailand also aim to achieve a bilateral trade value of\nUS$20 billion by 2030 through the implementation of the two countries\u2019\nStrategic Partnership Roadmap.<\/p>\n<p>On the same occasion, Thai PM Anutin Charnvirakul said Indonesia and\nThailand, as two key pillars of ASEAN, need to strengthen bilateral\ncooperation not only in the economic sector but also in politics and\nsecurity to promote peace, stability, and regional progress.<\/p>\n<p>According to Charnvirakul, the two countries have maintained\nlongstanding relations and are ready to enhance a mutually beneficial\npartnership.<\/p>\n<p>Anutin remarked that as two countries that were key pillars of ASEAN,\nthey had to work more closely together to expand bilateral cooperation\nand advance their region.<\/p>\n<p>Related news: RI, Thailand establish Joint Trade Commission to boost\neconomic ties<\/p>\n<p>Related news: Indonesia-Thailand ties must deliver direct public\nbenefits: Prabowo<\/p>\n<p>Related news: Indonesia, Thailand agree to boost food security\nties<\/p>\n<p>Translator: Prisca, Kenzu<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/ri-thailand-expand-local-currency-use-to-boost-trade-investment-1785772274",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}