Indonesia-India Bilateral Trade Hits USD 29.4 Billion in 2024
Bilateral trade between India and Indonesia reached USD 29.4 billion in FY2023-24, with Indonesia ranking as India’s 8th largest trading partner.
Regional Comprehensive Economic Partnership
Asia forms world’s biggest trade bloc, a China-backed group excluding U.S.
The deal marks the first time rival East Asian powers China, Japan and South Korea have been in a single free trade agreement.
RCEP can give opportunities to India: China
China joined 14 countries this week in agreeing terms for RCEP, which could become the world’s biggest free trade deal if officially signed next year as planned.
A blueprint for greater cooperation
The China-India equation has been recast after the informal meeting between Chinese President Xi Jinping and Indian Prime Minister Narendra Modi in Wuhan last year.
Photo: AP/File