US-Indonesia trade deal faces risk of collapse, FT reports
Indonesian army personnel hold flags during welcoming ceremony prior to a meeting between Indonesia's Defense Minister Prabowo Subianto and U.S. Defense Secretary Lloyd Austin, in Jakarta, Indonesia, November 21, 2022. REUTERS/Willy Kurniawan
Dec 9 : Indonesia's trade deal with the United States is in danger of collapsing, with U.S. trade representative Jamieson Greer believing Jakarta is "backtracking" on several commitments it made, the Financial Times reported on Tuesday, citing unnamed sources.
Indonesian officials told Greer that Jakarta cannot agree to some binding commitments in the trade deal, the FT added.
Reuters could not immediately verify the report.
Source: Reuters
