Turkish Foreign Minister Fidan to visit Indonesia as Ankara targets $10 billion trade expansion
Turkish FM Hakan Fidan is set to pay an official visit to Indonesia, where discussions are expected to focus on strengthening strategic cooperation and expanding bilateral trade toward a $10 billion target, according to diplomatic sources.
During the visit, Fidan is expected to hold talks aimed at deepening relations between Ankara and Jakarta across multiple sectors, including defense, energy, infrastructure, and technology. The meetings are also expected to address regional developments and global diplomatic coordination.
Officials indicate that special emphasis will be placed on expanding economic cooperation in emerging sectors such as artificial intelligence, digital transformation, and halal food industries, as both countries seek to diversify trade and investment flows.
Türkiye and Indonesia, two major Muslim-majority economies and influential members of the Global South, have increasingly sought to elevate their partnership in recent years, with both sides describing relations as “strategic.”
The two countries are also expected to review cooperation within multilateral platforms, including the United Nations, G20, Organisation of Islamic Cooperation (OIC), ASEAN-related dialogue mechanisms, MIKTA, and the Developing-8 (D-8), where both Ankara and Jakarta pursue coordinated positions on global economic and political issues.
Diplomatic observers note that the visit comes amid growing global economic uncertainty and shifting geopolitical alignments, prompting many countries to strengthen South-South cooperation frameworks and diversify strategic partnerships beyond traditional alliances.
Fidan is also expected to raise regional issues during his meetings, including the situation in Gaza and broader Middle East developments, reflecting Türkiye’s continued diplomatic engagement on humanitarian and conflict-related crises.
The talks are seen as part of a broader effort to accelerate economic diplomacy between the two countries, with officials aiming to translate political dialogue into concrete trade and investment outcomes. (ILKHA)
LEGAL WARNING: All rights of the published news, photos and videos are reserved by İlke Haber Ajansı Basın Yayın San. Trade A.Ş. Under no circumstances can all or part of the news, photos and videos be used without a written contract or subscription.
Türkiye’s trade deficit narrowed to its lowest level in nine months in May, as a sharper decline in imports offset weaker export performance, according to data released by the Ministry of Trade.
President Recep Tayyip Erdoğan has said that reducing foreign dependency in energy remains one of Türkiye’s top priorities, emphasizing that the country is accelerating its transition toward domestic and renewable energy resources.
The Elazığ branch of the Association of Independent Industrialists and Businessmen (HAKSİAD) has called on local entrepreneurs, industrialists, and investors to participate in the 6th Traditional HAKSİAD Business World Summit, scheduled to take place in Ankara's Kızılcahamam district between June 25 and 28.
Türkiye’s state energy company BOTAŞ and Azerbaijan’s SOCAR have signed a long-term natural gas supply agreement that will deliver 33 billion cubic meters (bcm) of Azerbaijani gas to Türkiye over 15 years, beginning in 2029.