Indonesia eyes $17.5bn deals at trade expo

Indonesian President Prabowo Subianto has expressed optimism that the 41st Trade Expo Indonesia will exceed its $17.5 billion transaction target. According to Punch Nigeria, 168 memoranda of understanding worth $13.2 billion have already been signed with buyers from 22 countries. The President, represented by Coordinating Minister Bahlil Lahadalia at the opening ceremony in Tangerang, attributed this confidence to the competitiveness of Indonesian products and efforts to expand international market access.

The 2026 exhibition follows a 2025 edition that surpassed its $16 billion target by reaching $22.8 billion in transactions, Punch Nigeria reports. The event, held at the Indonesia Convention Exhibition, has seen 16,885 prospective buyers register to participate.

Brief written by urgent.news from Punch, Punch Nigeria — 2 reports on this story. Machine-written — may contain errors; check the original before relying on it.