#Indonesia sees #trade with the #UnitedStates doubling to $60 billion in 2024 if its generalized sys...


#Indonesia sees #trade with the #UnitedStates doubling to $60 billion in 2024 if its generalized system of preferences (GSP) facility is advanced to a limited trade deal.

Indonesian government will send letter to U.S. trade representative to seek limited trade deal (LTD) or preferential trade deal. LTD would mean 0% tariff in GSP would be maintained while those higher than 5% would be halved.

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