Jakarta: Indonesia hopes to start talks on a free trade pact with Saudi Arabia and the Gulf Cooperation Council, a minister has said after the Indonesian president’s meeting with Crown Prince Mohammed bin Salman in Riyadh.
Trade between the Southeast Asian nation and the Kingdom has been on the rise, increasing on average about 5 percent annually between 2018 and 2022. Meanwhile, Indonesia’s trade with GCC countries was valued at $16 billion last year, showcasing a 25 percent rise compared to 2021.
Indonesian…