Indonesia Seals $13.2 Billion in Export Deals at Trade Expo
Part of composite article Indonesia Seals $13.2 Billion in Export Deals as China Pledges More High-Value Imports View full article →
Indonesian exporters will sign 168 memorandums of understanding (MoUs) worth US$13.2 billion at Trade Expo Indonesia, the government announced.
A memorandum of understanding is a formal agreement between two or more parties. It is not always legally binding, but it signals serious intent to do business.
The deals cover exports to buyers from multiple countries. The expo opened with the signing ceremony as its centerpiece.
The total value marks a strong vote of confidence in Indonesian products abroad.