Indonesian Foreign Minister Sugiono and Chilean Foreign Minister Francisco Perez Mackenna met in Jakarta to reaffirm their commitment to deepening bilateral cooperation across several strategic sectors. The discussions, which build upon 60 years of diplomatic relations, focused on expanding collaboration in critical minerals, science and technology, agriculture, and healthcare to bolster ties between the two nations.
Did You Know?
Under the Indonesia–Chile Comprehensive Economic Partnership Agreement (IC-CEPA), 6,704 Indonesian products currently receive tariff-free access to the Chilean market.
Strategic Cooperation and Trade Growth
The ministers emphasized the necessity of strengthening ties between their respective business communities to ensure the effective implementation of the IC-CEPA. This framework facilitates cooperation in diverse areas including investment promotion, small and medium-sized enterprises (SMEs), tourism, logistics, and information and communication technology.
Economic data from Indonesia’s Ministry of Trade confirms a positive trajectory for the partnership. Bilateral trade reached US$535.51 million in 2025, marking a 12.4 per cent increase compared to the previous year. Indonesian exports, specifically fertilizers, footwear, and automotive products, have seen a strengthened market position within Chile.
Diplomatic Alignment in the Global South
Beyond commercial interests, the two ministers reaffirmed their commitment to promoting solidarity among Global South countries. The talks highlighted a shared goal of supporting an international order characterized as fair, inclusive, and sustainable.
Frequently Asked Questions
What sectors were identified for expanded collaboration?
The discussions focused on strategic sectors including critical minerals, science and technology, agriculture, and healthcare.
How much has bilateral trade grown recently?
According to data from Indonesia’s Ministry of Trade, bilateral trade reached US$535.51 million in 2025, an increase of 12.4 per cent over the previous year.
What is the purpose of the IC-CEPA framework?
The agreement provides tariff-free access for 6,704 Indonesian products to the Chilean market and facilitates cooperation in areas like investment, research, logistics, and tourism.
How might the deepening of these diplomatic ties influence future trade negotiations within the Global South?