Indonesia, S Korea conclude talks on bilateral trade deal

18 October, 2019 12:00 AM printer

JAKARTA: Indonesia and South Korea announced here on Wednesday the conclusion of talks on a bilateral trade deal between the two countries.

It was announced by Indonesian Trade Minister Enggartiasto Lukita and his South Korean counterpart Yoo Myung-Hee, reports Xinhua.

“Should this agreement takes into effect next year, Indonesia may see a 20 percent trade growth with South Korea next year compared with last year,” Lukita said on the sidelines of the document signing, which was witnessed by Indonesian Vice President Jusuf Kalla.

The two-way trade between Indonesia and South Korea after the implementation of the trade deal.