Indonesia’s Coordinating Minister for Economic Affairs, Airlangga Hartarto, said on Friday (8/8/25) that Indonesia and New Zealand are aiming to boost bilateral trade and cooperation in the 2025 to 2029 Indonesia-New Zealand Comprehensive Partnership Plan of Action from a 2024 target of NZD 4 billion to NZD 6 billion, according to reporting from Antara News.
He confirmed that the trade cooperation was among the topics discussed with New Zealand’s Minister for Trade and Investment, Todd McClay, during a recent meeting.
Antara News reports that the two countries pushed for the immediate implementation of the action plan to strengthen mutually beneficial collaboration in the trade and investment sector.
Both leaders highlighted the importance of resolving issues surrounding horticultural products, animals, and animal products imports, which are currently being addressed at the World Trade Organization (WTO).
By resolving these problems, Indonesia and New Zealand can focus on other strategic initiatives, allowing for better economic cooperation, Hartarto said.
To boost food security and fulfill national nutritional needs in a sustainable way, the Indonesian government also urged New Zealand to extend its investment in the dairy processing sector, the coordinating minister said.
Minister McClay conveyed the capability and readiness of New Zealand companies to meet those needs on a consistent basis, says Antara News, adding that he also expressed his support for Indonesia’s accession to the Organisation for Economic Co-operation and Development (OECD) and the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP).
This is expected to improve Indonesia’s efforts toward economic reform, as well as enhance the country’s strategic position on a global scale.
The two ministers also discussed deregulation across various sectors in Indonesia. The Indonesian government is aiming to provide a legal framework to support ease of doing business through policy reforms, and thereby make national industries more competitive in the future, says Antara News.
“This is part of the government’s real efforts to promote ease of doing business across Indonesia,” Hartarto said.
Source: Antara News
Stock photo by Kerin Gedge on Unsplash
