Indonesia, China Renew Economic and Trade Expansion Pact

Also read: Indonesia Records Trade Surplus of $5.67 Billion in October

Total trade between Indonesia and China in 2021 reached $109.99 billion, an increase of 54 percent as compared to 2020.

Indonesia's exports to China during that period amounted to $53.76 billion, while Indonesia's imports from China were worth $56.22 billion.

With the signing of the BETC agreement, Zulkifli is optimistic that the value of trade and economic cooperation between the two countries, which had been going well, will continue to increase.

"I believe the signing of this agreement can strengthen the cooperation between the two countries and be able to have a positive impact on the economies of Indonesia and China," he said.

Source: State News Antara