WASHINGTON, D.C. \u2014 Investment and Downstream Industries Minister and\nBKPM chief Rosan Roeslani is following up on plans to procure 50 Boeing\naircraft. The plan forms part of the Agreement on Reciprocal Trade (ART)\nbetween President Prabowo Subianto and President Donald Trump.<\/p>\n
The government is targeting the strengthening of national airline\nfleets to improve air connectivity and support economic growth. The\ninternational agreement serves as the primary basis for relevant\nministries to advance various strategic investment agendas.<\/p>\n
\u201cUnder this Agreement on Reciprocal Trade, there are several\nactivities that involve the Ministry of Investment as well as Danantara.\nAmong the agreements is the plan to purchase 50 Boeing aircraft,\u201d Rosan\nsaid at a press conference in Washington, D.C., United States, on\nFriday, 20 February 2026.<\/p>\n
In-depth discussions with Boeing are still ongoing, he said. He was\ntherefore unable to provide details on the total transaction value or\ndelivery schedule, as negotiations are still in progress.<\/p>\n
\u201cWe will discuss this matter with Boeing. There have already been\npreliminary talks with them,\u201d Rosan said.<\/p>\n
BPI Danantara, he continued, also bears significant responsibility in\nfulfilling the commitment to purchase crude oil from the United States.\nThe energy commodity transaction is projected to reach US$15 billion per\nyear.<\/p>\n
\u201cThis is likely related to two matters. The implementation falls\nwithin the scope of Danantara,\u201d Rosan said.<\/p>\n
Meanwhile, Coordinating Minister for Economic Affairs Airlangga\nHartarto announced the elimination of import tariffs on 1,819 leading\nIndonesian products entering the United States. This cooperation is set\nout in the Agreement on Reciprocal Trade (ART) document signed by\nPresident Prabowo Subianto and President Donald Trump in Washington,\nD.C. on Thursday, 19 February 2026.<\/p>\n
\u201cIn this ART, there are 1,819 tariff lines for Indonesian products,\ncovering both agricultural and industrial goods,\u201d Airlangga said.<\/p>\n
\u201cThese products include palm oil, coffee, cocoa, spices, rubber, and\nelectronic components including semiconductors, as well as aircraft\ncomponents \u2014 all at zero per cent tariff,\u201d he said.<\/p>\n
The United States government is providing special facilities for\nIndonesian textile and garment commodities through a tariff quota\nsystem. This trade policy is projected to deliver major economic\nbenefits for millions of workers domestically.<\/p>\n
\u201cThis benefits four million workers in the sector. When their\nfamilies are included, the impact can be felt by approximately 20\nmillion Indonesian citizens,\u201d Airlangga said.<\/p>\n
Indonesia is reciprocating by offering zero per cent import duties on\nkey American agricultural commodities. Wheat and soybeans are the\nprimary focus of the import agreement, aimed at maintaining the\nstability of domestic food prices.<\/p>\n
\u201cThis means Indonesian consumers pay zero per cent tariffs on goods\nproduced from soybeans and wheat. These products include noodles, tofu,\nand tempeh,\u201d Airlangga said.<\/p>\n
Both parties also agreed not to impose import duties on all\ninternational electronic commerce transactions. This policy is aligned\nwith Indonesia\u2019s position in the World Trade Organisation forum, which\nsupports the development of cross-border digital economies.<\/p>\n
The government remains committed to ensuring the security of\ncross-border data transfers in accordance with prevailing data\nprotection legislation. Indonesia has confirmed that US consumer\nprotection standards are on par with domestic regulatory\nsovereignty.<\/p>\n
\u201cIndonesia is also committed to reducing tariff and non-tariff\nbarriers. Indonesia is likewise providing regulatory certainty,\nparticularly in the ICT, health, and pharmaceutical sectors,\u201d Airlangga\nsaid.<\/p>\n
Strategic trade management will be implemented to ensure that all\nbusiness activities proceed safely without potential misuse. Indonesia\nis also streamlining import licensing processes and standardisation for\nboth industrial goods and agricultural products from the United\nStates.<\/p>\n
The international agreement will take effect 90 days after all legal\nadministrative processes in both countries are completed. The government\nwill promptly hold intensive consultations with the House of\nRepresentatives (DPR) regarding the detailed implementation of this\nprogressive trade agreement.<\/p>\n
A Council Board will be established to discuss opportunities for\nfurther tariff reductions in the future. Both nations retain the right\nto amend the terms of the agreement through mutual written consent in\nline with global market developments.<\/p>", "url": "https:\/\/jawawa.id\/newsitem\/rosan-discusses-follow-up-plans-for-purchase-of-50-boeing-aircraft-1771662399", "image": "" }, "sponsor": "Okusi Associates", "sponsor_url": "https:\/\/okusiassociates.com" }