KARACHI: Pakistan and Indonesia further strengthened their economic partnership with the signing of a Memorandum of Understanding (MoU) on the establishment of the Indonesia–Pakistan Joint Trade Committee (JTC) to enhance dialogue, facilitate cooperation and jointly address opportunities and challenges in bilateral trade, the Pakistani commerce ministry said on Saturday.

The development comes a month after both countries signed seven memoranda of understanding to deepen cooperation in trade, higher education, halal certification and health during Indonesian President Prabowo Subianto’s two-day visit to Islamabad.

The MoU was signed following successful high-level talks led by Commerce Minister Jam Kamal Khan and visiting Indonesian Vice Minister of Trade Ms. Dyah Roro Esty Widya Putri, reflecting a shared commitment to deepening economic ties.

Khan underscored Indonesia’s strategic importance within the Association of Southeast Asian Nations (ASEAN) and highlighting its potential role as a regional hub for fostering trilateral and regional economic cooperation.

“Pakistan could serve as a reliable source for minerals, cosmetics, pharmaceuticals, and agri-food commodities for the Indonesian market,” he was quoted as saying.