JAKARTA, Aug. 12 (Xinhua) -- The Indonesian government has set a target of achieving a two-way trade volume of 5 billion U.S. dollars with Peru in the coming years, following the signing of the Comprehensive Economic Partnership Agreement (CEPA) on Monday, the Ministry of Trade said on Tuesday.
Director General of International Trade Negotiation at the ministry, Djatmiko Bris Witjaksono, said the target marked a significant increase from the current trade volume between the two nations, which reached around 480 million dollars in 2024.
Djatmiko said that trade relations between Indonesia and Peru recorded an average annual growth of 15.08 percent from 2020 to 2024. ■
