Bisnis.com, JAKARTA - Indonesia and New Zealand, two neighboring countries in the Asia-Pacific region, established diplomatic relations in 1958, marking the beginning of a mutually beneficial partnership.
As open economies, they convey the message that fostering trade and investment relations can be beneficial for both nations. Therefore, enhancing their economic cooperation remains a priority for the two countries.
In 2018, Indonesia and New Zealand celebrated six decades of diplomatic relations and President Joko Widodo held a comprehensive partnership cooperation meeting with Prime Minister Jacinda Ardern in Wellington, leading to an agreement to increase bilateral trade to Rp40 trillion by 2024.