Overview
- An MoU creating the Indonesia–Pakistan Joint Trade Committee was signed in Karachi after talks led by Commerce Minister Jam Kamal Khan and Indonesian Vice Minister Dyah Roro Esti Widya Putri.
- Both governments committed to pursue an upgrade from the current PTA toward a Comprehensive Economic Partnership Agreement that extends cooperation into services, including healthcare.
- The new body will steer technical negotiations on tariffs, import quotas and certification while converting government pledges into business-to-business outcomes, including a planned Pakistan exhibition and forum in Jakarta.
- Pakistan’s Trade Development Authority sought early fruit quota announcements, rice quota notification, rationalised export certifications and improved access for industrial-grade potatoes.
- Indonesia supplies over 74% of Pakistan’s edible-oil needs and Pakistan’s palm oil demand has risen by about 22%, highlighting the priority on supply security within the talks.