Indonesia strengthens regional trade and investment ties with Malaysia

Indonesia is intensifying its regional economic engagement, aiming to expand trade and investment opportunities with neighbouring Malaysia, reports ANTARA.

Indonesian Deputy Minister of Trade Dyah Roro Esti emphasised the country’s commitment to fostering open and inclusive economic cooperation during high-level meetings held on the sidelines of the 32nd ASEAN Economic Ministers Retreat.

The discussions focused on expanding market access and strengthening bilateral mechanisms to support sustainable economic growth. In 2025, trade between Indonesia and Malaysia reached US$24.22 billion, reflecting robust ties that both sides aim to deepen through strategic initiatives.

Key priorities identified include enhancing high-value sectors, boosting cross-border trade efficiency, and leveraging frameworks such as the Malaysia-Indonesia Investment Committee and the Joint Trade and Investment Committee to streamline collaboration.

Deputy Minister Esti noted, "Indonesia and Malaysia share a strong trade relationship. We see many opportunities to expand our cooperation."

The talks also aligned with broader regional initiatives, including negotiations on the ASEAN Digital Economy Framework Agreement and integration efforts under the Regional Comprehensive Economic Partnership (RCEP), positioning Indonesia to play a more proactive role in shaping Southeast Asia’s economic landscape.