Dian Kusumo
IDXChannel - Indonesian President Joko Widodo (Jokowi) and Mozambique President Filipe Nyusi have agreed to enhance their preferential trade agreement (PTA) to boost trade between the two countries.
"We have agreed to optimize the PTA through cooperation between the chambers of commerce in both countries," Jokowi stated in a press release.
The two leaders held a bilateral meeting at President Nyusi's office in Maputo, Republic of Mozambique, on Wednesday.
Jokowi emphasized that Mozambique is a close friend of Indonesia and the first African country to have entered into a preferential trade agreement with Indonesia.
He added that since the implementation of the Indonesia-Mozambique PTA in 2022, trade between the two nations has significantly increased by 78 percent as of June 2023.
