Agriculture firms Sorini Agro Asia Corporindo, a member of Indonesia’s Corn Mill Association, and FKS Group also signed memoranda of understanding to up their purchases.
He did not disclose the value of the deals signed in Washington, but last week he told reporters that Indonesian businesses would make a total spending commitment worth US$34 billion.
The Indonesian embassy in Washington said the agreements were struck at meetings in Washington on Tuesday.
“The meetings resulted in several commercial deals, as reflected in the signing of various memoranda of understanding, paving the way for new cooperation opportunities and deepening bilateral economic ties,” it said.
US food corporation Cargill confirmed in a statement that the slate of deals included a memorandum of understanding for corn purchases.
Data from the US trade representative office shows Washington’s goods trade deficit with Jakarta was US$17.9 billion in 2024, up 5.4 per cent from the year before.
Source: CNA
