Archive · 1 Jan 2026
India Revives Trade Talks with Indonesia
India and Indonesia are going to have a meeting to talk about trade and investment.
They want to make it easier to buy and sell things between their countries.
India wants to sell more things to Indonesia, like cars, jewelry, and medicine.
Right now, India buys more from Indonesia than it sells, which is not good for India.
They are going to talk about how to fix this and make trade fairer for both countries.
This meeting is important because it has been a long time since they last talked about these things.
India and Indonesia to hold the second WGTI meeting after five years.
Bilateral trade between India and Indonesia declined to $28.18 billion in FY25.
India seeks to address tariff and non-tariff barriers to boost exports to Indonesia.
India's exports to Indonesia include engineering goods, gold jewelry, and pharmaceuticals.
India aims to correct its trade deficit with the ASEAN bloc, which increased to $45.2 billion in FY25.
- Who
- India and Indonesia
- What
- Revival of the India–Indonesia Working Group on Trade and Investment (WGTI) meeting
- When
- Next month (January 2026)
- Where
- Location not specified
- Why
- To strengthen trade and investment ties and address trade barriers
India
Indonesia
Trade Deficit
India
India seeks measures to correct its trade deficit with Indonesia and the ASEAN bloc.
Indonesia
Indonesia may have concerns about increasing its tariff reduction commitments.
Tariff and Non-Tariff Barriers
India
India wants to address tariff and non-tariff barriers to boost exports to Indonesia.
Indonesia
Indonesia may have its own trade barriers and concerns about market access for Indian products.
- Countries Involved
- India, Indonesia
- Next WGTI Meeting
- Next month (January 2026)
- Bilateral Trade (FY25)
- $28.18 billion
- India's Exports to Indonesia (FY25)
- $5.38 billion
- India's Imports from Indonesia (FY25)
- $22.77 billion
- India's Trade Deficit with ASEAN (FY25)
- $45.2 billion
- First WGTI Meeting
- 2021
- Indonesia's Global Imports (FY25)
- $233.66 billion