Indonesia to Boost U.S. Imports of Energy, Farm Products in Tariff Talks

9 hours ago 6

April 27, 2025 | 03:18 pm

TEMPO.CO, Jakarta - Indonesian Finance Minister Sri Mulyani Indrawati stated that the government plans to import more energy resources, such as oil and liquefied natural gas (LNG), and agricultural goods, including wheat, soybeans, and corn, from the U.S. This initiative is part of Indonesia's proposals in ongoing tariff negotiations with the U.S. government.

Regarding the energy sector, Sri explained that despite being an oil and gas producer, Indonesia's current production cannot meet domestic demand. The government views this as an opportunity to increase energy imports from the U.S., particularly LNG. "These are areas where we can certainly source oil and gas from the United States, along with products like Boeing aircraft," Sri noted in an interview in Washington DC, as reported in an official statement on Sunday, April 27, 2025.

On agricultural products, Sri emphasized the significant contribution of U.S. goods to Indonesia's food security. She mentioned that Indonesia already imports wheat, soybeans, and corn from the U.S. and other nations. Moving forward, Indonesia aims to prioritize the U.S. as a supplier in these areas.

Previously, Coordinating Minister for Economic Affairs Airlangga Hartarto indicated that Indonesia would increase imports from the U.S. by shifting away from other countries. He also asserted that this increase would not hinder the national food self-sufficiency program.

However, Bright Institute economist Muhammad Andri Perdana believes that the government's plan to increase food imports from the United States contradicts the food self-sufficiency program. Andri argued on Saturday, April 19, 2025, that while importing wheat might be justifiable, expanding imports to include soybeans undermines the government's "pajale" program, which focuses on self-sufficiency in rice, corn, and soybeans.

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