Ex-trade minister wants more concessions, especially on minerals and tech

Former Indonesian trade minister Mari Pangestu talks to Nikkei Asia about what is going on behind-the-scenes of her nation's tariff negotiations with the U.S. (File photo by AP)

JAKARTA -- Jakarta's tariff negotiations with Washington are far from over with the headline 19% rate on Indonesian exports to the U.S. marking just a starting point for discussions over details that could take "a long time" to finalize, Mari Pangestu, a leading Indonesian trade negotiator, told Nikkei Asia.

Pangestu is a former Indonesian trade minister who served as a World Bank managing director from 2020 to 2023. She is now a deputy chair of Indonesia's National Economic Council, and a special trade adviser to Indonesian President Prabowo Subianto.

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